Vietnam investment promotion

National Assembly Chairman Vuong Dinh Hue (centre) speaks at the Vietnam - UK high-level forum on economy and trade in London on June 29. (Photo: VNA) Rome (VNA) – Some media agencies in Italy higlighted Vietnam’s economic links with Europe and achievements in ensuring human rights when covering a recent tour of some European countries by National Assembly Chairman Vuong Dinh Hue . In an article about Vietnam’s trade and investment links with Italy and Europe, the La Città Futura newspaper said Vietnam is effectively implementing the commitments in the free trade agreements with the EU ( EVFTA ) and the UK (UKVFTA). So far, key farm produce of Vietnam like peppercorn, cashew nut, vegetables, fruit, tea, and rubber have benefited from preferential tariffs in the EU, which is one of the five largest markets of Vietnam’s fishery products. La Città Futura noted Vietnam is a leading partner of Italy in Southeast Asia and also a helpful bridge linking the EU, including … [Read more...] about Italian media spotlight Vietnam’s economic ties with Europe, human rights achievements

Vietnamese Ambassador to the UK Nguyen Hoang Long delivers a remark at Meet Vietnam in Nottingham. (Photo: VNA) London (VNA) – The Trade Office of Vietnam in the UK in collaboration with the British importer of oriental food EUTEK Group has hosted Meet Vietnam in Nottingham to introduce Vietnamese products and promote opportunities for trade and investment between Vietnam and the British city. The July 1 event attracted officials and enterprises from both sides. In her remarks, Lord Mayor of Nottingham Wendy Smith described her city as a dynamic economic hub where many Vietnamese people are residing and studying. Nottingham welcomes all Vietnamese companies and investors, she affirmed, hoping that the economic and trade relations between the two sides will grow further in the coming time. Lord Mayor of Nottingham Wendy Smith speaks at the event. (Photo: VNA) Vietnamese Ambassador to the UK Nguyen Hoang Long, for his part, said there is plenty of room for the … [Read more...] about Meet Vietnam comes to UK’s Nottingham to promote trade, investment

The July 1 event attracted officials and enterprises from both sides. In her remarks, Lord Mayor of Nottingham Wendy Smith described her city as a dynamic economic hub where many Vietnamese people are residing and studying. Nottingham welcomes all Vietnamese companies and investors, she affirmed, hoping that the economic and trade relations between the two sides will grow further in the coming time. Vietnamese Ambassador to the U.K. Nguyen Hoang Long, for his part, said there is plenty of room for the relations between Vietnam and Nottingham to expand. Nottingham is home to a large Vietnamese community, and many Vietnamese students are pursuing education at two major universities here – University of Nottingham and Notting Trent University, he said, emphasising that they will act as a bridge to further develop the bilateral partnership. With enthusiastic support from the government of Nottingham for trade and investment between the two sides and exchanges between their … [Read more...] about Meet Vietnam comes to U.K.’s Nottingham to promote trade, investment

High prices High prices are making Vietnamese seafood products uncompetitive in the 15 member states of the Regional Comprehensive Economic Partnership Agreement (RCEP), which came into effect this year. Tran Le Dung, First Secretary in charge of the Vietnam Trade Office in Malaysia, said that in Malaysia, Vietnamese seafood products are sold at prices higher than those of Chinese and Thai products of the same kind. The Vietnam Trade Office connected Vietnamese sellers of dried fish and tuna with Malaysian importers of these products but transactions between them failed due to price disagreement, Dung said. The trade office representative said that although it has a small population, Malaysia has a high demand for seafood, and is not only a member of the RCEP but also participates in many free trade agreements (FTAs). These factors mean that successful penetration of this market will enable Vietnamese seafood businesses to access many other markets in the bloc. Price has become … [Read more...] about High price hampers Vietnam’s seafood exports to Asia-Pacific markets