Hanoi (VNA) - Forest product exports are expected to reel in 14.5 billion USD this year, up 12 percent against 2020, an official has said. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan unveiled the target in an interview with the Lao Dong (Labour) newspaper on the growth of the forestry sector over the next five years. Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. The minister also touched on a number of positive outcomes made by the sector last year despite COVID-19. Vietnam exported forest products worth over 13.22 billion USD, up 16.9 percent against the previous year, and 5.7 percent higher than the annual target. The country now ranks fifth globally, second in Asia, and first in … [Read more...] about Vietnam aims to earn 14.5 billion USD from forestry exports
Vietnam japan relationship
Putin’s visit to take Vietnam-Russia ties to new height
Because of fast changes in the region and the world, the two sides need to further tighten their cooperation in the field of national defense and security so that they can contribute to economic development in each country while strongly promoting the development of the Vietnam - Russia comprehensive strategic partnership and actively contributing to peace, stability and sustainable development in Asia-Pacific and the world, the President said. With respect to Russia-ASEAN relations, President Sang confirmed that ASEAN always wants to promote and expand relations with other partners, including Russia, on the basis of friendship and equality in the interest of peace, stability and common prosperity. In reality, he noted, the ASEAN-Russian relationship has developed well in security, politics, economics, culture and development cooperation. President Putin's upcoming visit to Vietnam has a special significance towards bilateral relations, President Sang said, considering it a catalyst to … [Read more...] about Putin’s visit to take Vietnam-Russia ties to new height
Vietnam aims to earn $14.5 billion from forestry exports
Export value is set to reach 20 billion USD in 2025. During the five-year period, he said, the sector will work to sustain the forest coverage rate at 42 percent, expand distribution markets, develop long-term trade partnerships, and promptly address trade issues for mutual benefits in line with international commitments. … [Read more...] about Vietnam aims to earn $14.5 billion from forestry exports
Thai investors focus on sustainability in Vietnam
In addition, a number of large corporations from Thailand are also concerned about the sustainability of their investment in Vietnam. SCG is ranked No.1 sustainable business in the world in Building Materials Field according to Dow Jones Sustainability Indices (DJSI) for 2020. … [Read more...] about Thai investors focus on sustainability in Vietnam
HCM City to reform food markets
HCM City plans to focus on key areas in exports, logistics, exhibitions and fairs, and wholesale and retail activities. — VNA/VNS PhotoViet Nam News HCM CITY — HCM City plans to focus on the four key areas of exports, logistics, exhibitions and fairs, and wholesale and retail activities, according to Nguyễn Huỳnh Trang, deputy director of the Department of Industry and Trade. … [Read more...] about HCM City to reform food markets