Mexico

National Assembly Vice Chairman Do Ba Ty (Photo: VNA)      Hanoi (VNA) – National Assembly Vice Chairman Do Ba Ty has affirmed that the Vietnamese legislature will support cooperation with Mexico in national defence and security. During a reception in Hanoi on December 12 for Mexican Ambassador to Vietnam Sara Valdes Bolano, Ty said Vietnam always treasures its cooperative ties with Mexico and highly valued its role on the international arena. He expressed his delight at the recent establishment of the Mexico – Vietnam Friendship Parliamentarians’ Group, saying that it is a bridge for ties between the two legislatures. The Vietnamese NA always supports the development of all-around cooperation with the Mexican Chamber of Deputies by refining legal documents and creating a favourable legal framework for economic and trade ties between the two countries. As both nations are members of the Comprehensive and Progressive Agreement for Trans-Pacific … [Read more...] about NA leader affirms support for defence-security ties with Mexico

Hoa Sen Group shipped the largest batch of plated steel to Mexico (Photo: VNA) Nghe An (VNA) – Hoa Sen Group shipped 15,000 tonnes of steel sheets worth 12 million USD to Mexico from Nghi Son port in the central province of Nghe An on April 22. This is the largest batch of plated steel destined for the American country after the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) came into effect. The group said that in the context of unpredictable price fluctuations of hot rolled steel exerting immense pressure on the steel industry in recent times, Hoa Sen has adopted various measures to develop both domestic and foreign markets. In the 2017-2018 fiscal year, Hoa Sen raked in 538 million USD from exports, up 27 percent from the previous fiscal year. Its products have been present in more than 75 countries and territories so far. Additionally, the corporation is targeting exports to several markets with high standards, like the Americas, Europe, and … [Read more...] about Hoa Sen Group exports 15,000 tonnes of steel sheets to Mexico

MEXICO CITY — The Mexican Senate ratified the modified North American free trade agreement with the US and Canada on Thursday after more than two years of arduous negotiations. New additions introduced on Tuesday to the US-Mexico-Canada Agreement (USMCA) -- which notably toughen the deal's labor enforcement provisions -- were rubber stamped by 107 votes to one, making Mexico the first country to sign on. The path to ratification for the other two countries, expected in early 2020, also looks clear for USMCA. It replaces the 25-year-old North American Free Trade Agreement (NAFTA), which President Donald Trump complains has been "a disaster" for the US. First signed in November 2018, USMCA got bogged down in political complications, particularly in the United States, where opposition Democrats questioned whether it would really force Mexico to deliver on labor reforms meant to level the playing field between Mexican and American workers. But another year of talks produced a series … [Read more...] about Mexico ratifies modified N. American trade deal

The Health Ministry and businesses in the liquor industry are at loggerheads over efforts to regulate and reduce alcohol consumption in the country, with the latter seeing no need to further tighten current regulations. Speaking at a seminar held on May 25 last week in Hanoi, Nguyen Van Viet, chairman of Vietnam Beer, Alcohol, and Beverage Association (VBA), said that Vietnam’s alcohol production and consumption rate was “at a moderate level.” The industry has not seen any growth for the past three years, he said. With a per capita annual consumption of 6.6 liters, Vietnam is ranked 94 among 194 countries by the World Health Organization (WHO). Tran Thi Trang, Deputy Head of the Health Ministry’s legal department, countered Viet’s claim, saying the average figure of 6.6 liters included non-drinkers above 15. She noted that alcohol consumption among females and males was at 11 percent and 77 percent respectively, compared the corresponding world figures of … [Read more...] about Spirited argument on liquor consumption between Vietnam’s health ministry, businesses

The agro-forestry-aquatic sector boasts great potential to attract more investment, while also contributing to the country’s export turnover (Photo: Le Toan) Over the past few months, TH Group has spent millions of US dollars on beefing up production of fresh milk products. Not only being locally consumed, these products are also exported to China, where TH has become the first Vietnamese enterprise to be allowed by China’s authorised agencies to export fresh milk products into this gigantic market with a population of 1.4 billion people. Under a protocol signed in April between Vietnam’s Ministry of Agriculture and Rural Development (MARD) and China’s General Administration of Customs on veterinary and health requirements for dairy products to be exported, TH Group has met all strict requirements and conditions set by China. Also, in April, TH Group inked an MoU for a strategic partnership on market development and consumption of foodstuffs, farm produce, … [Read more...] about Agriculture driving economic growth