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Hanoi (VNA) – The recently ratified EU-Vietnam Free Trade Agreement (EVFTA) is likely to accelerate trade between Vietnam and Poland, according to International Business Times. The newspaper quoted Piotr Harasimowicz, Chief Representative Officer of the Polish Investment and Trade Agency in Ho Chi Minh City, as saying that Vietnam is one of the most promising markets for Polish companies in Southeast Asia. The official said latest data from the agency showed bilateral trade between the two countries surpassed 3 billion USD in 2019. The key sectors of cooperation are agri-food, pharmaceuticals, cosmetics, green technologies and wastewater treatment. Potential areas were software/IT, heavy industries such as mining, shipbuilding, machinery and equipment for agricultural production, and food processing. Vietnam mainly exports electronics and equipment, footwear, textiles and agricultural goods such as coffee, pepper, coconut and cashews, he added. Harasimowicz said … [Read more...] about EVFTA may boost Vietnam-Poland trade ties

A truly remarkable feat of engineering, the cable car boosted Sa Pa tourism numbers immediately, but Sun Group had many more attractions to unveil, including the Muong Hoa funicular as well as a complex of Buddhist monuments that made Fansipan a spiritual destination. At the Sun World Fansipan Legend tourism complex, tourists can now learn more about the unique cultural traditions of numerous hill tribes who have lived on the mountains of the northwest for centuries. … [Read more...] about World class developments give fresh impetus to Vietnam’s tourism hotspots

According to research conducted by the Ministry of Planning and Investment, the EVFTA and EVIPA are poised to elevate the country’s GDP by 4.6 per cent, whilst increasing exports to the EU by 42.7 per cent by 2025. The European Commission estimated that the EU's GDP will surge by US$ 29.5 billion and its exports to Vietnam will grow by 29 per cent by 2035. … [Read more...] about BUSINESS NEWS HEADLINES FEB.18

Đông Sang is not the only locality in Sơn La looking to modernise the agriculture sector. The whole province, in fact, was rolling out plans to develop and form specific areas for high tech farming to produce high-value and high-quality crops like organic rice, vegetables, tea and coffee, according to Sơn La Department of Agriculture and Rural Development. … [Read more...] about Northern farmers turn to high tech agriculture

After the coronavirus epidemic, to resume trade with the China market, the ministry will organise many trade promotion activities in China, including participation in the Vietnam - China International Agricultural Fair and organisation of the Vietnam - China Business Forum on cooperation in tea and coffee consumption. — VNS … [Read more...] about Dragon fruit price rises as export opportunities open up