November alone saw the export of timber and wood products reach over US$958 million. Moreover, the export of timber wood and wood products enjoyed a surge of 18.1 per cent during the review period to more than US$9.526 billion against the same period last year. Most notably, wood exports hit approximately US$7 billion, up 22.2 per cent on year. After recording these impressive figures, the export of timber and wood products has surpassed US$9 billion for the first time and beaten the record figure of US$ 8.907 billion which was recorded in 2018. With export value reaching over US$900 million per month, the export of wood and wood products are expected to surpass the US$10 billion mark by the end of 2019 for the very first time. … [Read more...] about Export of timber and wood products exceeds US$9 billion
Products export from india
Thailand promotes trade to support exports
Thailand’s exports in January-October 2019 reduced 2.4 percent year-on-year to 207.32 billion USD, while imports declined 4.1 percent to 199 billion USD. (Illustrative image. Source: thainews.prd) Bangkok (VNA) – Thailand’s Ministry of Commerce plans to cooperate with the private sector to promote trade in 16 countries to boost export growth in 2020, according to a local official. After talks with commerce officials on December 9, Thai Deputy Prime Minister cum Commerce Minister Jurin Laksanawisit revealed that trade destinations targeted for 2020 include India, Japan, South Africa, Sri Lanka, Hong Kong, China, Vietnam, France, the UK, the Middle East, Russia, Australia, New Zealand, the Republic of Korea, Bangladesh, the Maldives, Cambodia and Timor Leste. Local media reported that Jurin has ordered commerce officials and directors of Thai trade centers in 58 offices worldwide to seek opportunities to start new regional trade and cooperation agreements with states … [Read more...] about Thailand promotes trade to support exports
Textile industry urged to create highly added value products
At the ceremony (Photo: VNA) Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has asked the textile and garment industry to strongly shift from processing to production, aiming to create more highly added value products. Speaking at a ceremony to mark the 20th founding anniversary of the Vietnam Textile & Apparel Association (VITAS) in Hanoi on December 13, PM Phuc stressed that with 7,000 enterprises operating in the field, the sector is making important contributions to the country’s development. He praised VITAS for well performing its task as a bridge between the Government and enterprises, as well as in giving policy consultations, especially in negotiating free trade agreements (FTAs) between Vietnam and partners. The PM urged the sector to swiftly converting production model in order create higher added value products, saying that with its increasingly export turnover through years, the sector is contributing to ensuring social security, … [Read more...] about Textile industry urged to create highly added value products
Top legislator meets with Belarusian Prime Minister
At the meeting between Chairwoman of the National Assembly Nguyen Thi Kim Ngan and Belarusian Prime Minister Sergey Nikolayevich Rumas (Photo: VNA) Minsk (VNA) – Chairwoman of the National Assembly Nguyen Thi Kim Ngan met with Belarusian Prime Minister Sergey Nikolayevich Rumas on December 13 as part of her ongoing official visit to the European country. The Belarusian PM said the exchange of visits by senior officials over the past time has created a firm foundation for the two countries to strengthen bilateral cooperative ties. He described Vietnam as a friend and strategic partner of Belarus in Southeast Asia as the country’s socio-economic development strategies are completely compatible and similar to those of Belarus such as technological reform and high-tech development. The PM thanked Vietnam for always supporting his country’s initiatives at the global arena and the United Nations, adding that the two sides share similar viewpoints on … [Read more...] about Top legislator meets with Belarusian Prime Minister
Coating, printing ink firms need to be greener
At the event (Photo: VNA) HCM City (VNS/VNA) - With consumers paying increasing attention to the effects of paint and printing ink products on human health and the environment, producers need to develop more eco-friendly products, a seminar heard in Ho Chi Minh City on December 12. Speaking at the seminar on Vietnam paint and printing industry towards making safe and environmentally friendly products, Nguyen Thi Lac Huyen, chairwoman of the Vietnam Paint and Printing Ink Association, said the industry has been growing at 10 per cent a year on average and now sales top over US$1 billion annually. The products not only meet domestic demand but are also increasingly exported, she said. Vu Thi Hung of the Chemical Agency’s Vietnamese Centre for Emergency Response, said, “The average paint output per capita in Vietnam is still low; so the industry’s growth opportunity is still very large.” The printing ink segment is expected to grow along with the … [Read more...] about Coating, printing ink firms need to be greener