The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months
Vietnam rice exporters list
Vietnam Medi-Pharm 2018 to open in Hanoi
At the Vietnam Medi-Pharm 2017 (Source: VNA) Hanoi (VNA) – The 25th Vietnam International Exhibitions on Products, Equipment , Supplies for Pharmaceutical , Medical , Hospital and Rehabilitation – Vietnam Medi-Pharm 2018 will take place in Hanoi from May 9-12. The information was announced during a press conference co-hosted by the Health Ministry, the Vietnam Medical Products Import-Export JSC (Vimedimex) and the Vietnam Advertisement & Fair Exhibition (Vietfair) in Hanoi on May 2. This year, 450 firms from 30 countries and territories worldwide will join the event with 535 stalls. It will be the first time Polish enterprises attend the event with display of software on medical cost, electronic spare parts and automation. Major products on display include pharmaceuticals, functional food, medical equipment, dentistry and ophthalmological, and health care products, chemicals and experiment equipment. The Health Ministry’s display area will disseminate … [Read more...] about Vietnam Medi-Pharm 2018 to open in Hanoi
Vietnam Medi-Pharm expo to return Hanoi on May 8-11
Illustrative photo (Photo: VNA) Hanoi (VNA) – The Vietnam International Medical and Pharmaceutical Exhibition ( Vietnam Medi-Pharm 2019 ) will return in Hanoi in its 26th edition from May 8-11. At a press conference held in Hanoi on May 2, Head of the Ministry of Health’s Department of Communications, Emulation and Reward Nguyen Dinh Anh said that the event, held by the Vietnam Medical Products Import-Export JSC in collaboration with the Vietnam Advertisement and Fair Exhibition JSC, will draw the participation of 450 companies from Belgium, China, the Czech Republic, Germany, Japan, the Republic of Korea, the US, and Vietnam, among others. On the display at 550 booths will be pharmaceutical products, food supplements, pharmaceutical processing, manufacturing and packaging equipment, lab equipment, and healthcare services. Besides, various events will be held within the framework of the exhibition, including a national scientific conference on preventive medicine … [Read more...] about Vietnam Medi-Pharm expo to return Hanoi on May 8-11
Vietnam pilots passion fruit exports to China
Product quarantine Nguyen Thi Thu Huong, Deputy Director of the Ministry of Agriculture and Rural Development’s (MARD) Plant Protection Department said China’s General Administration of Customs (GACC) had approved imports of Vietnamese passion fruit through seven border crossings in China’s Guangxi Province, including Huu Nghi Quan, Po Chai, Pingxiang Railway Station, Pingxiang, Dongxing, Long Bang, and Shuikou. A series of activities have been planned to promote the speedy export of passion fruit to China The two sides will assess the results of the pilot project and decide whether to sign an official protocol on plant quarantine for Vietnamese passion fruit imported into China, contributing to the development of trade between the two countries. About 6,000 hectares of passion fruit are being grown in Vietnam’s 46 cities and provinces, providing an annual output of more than 111,000 tonnes, with an average yield of 22.67 tonnes per hectare. The cultivation area … [Read more...] about Vietnam pilots passion fruit exports to China
Fruit farmers encouraged to apply GAP standards
The Mekong Delta province of Dong Thap is encouraging farmers to grow more fruits meeting good agricultural practice standards to improve incomes and sustainability. Mango and longan account for the lion’s share of these fruits. The mangoes are exported to many markets, including the Republic of Korea, Japan, Russia, Italy, and Hong Kong. The province, the delta’s largest mango producer, has more than 9,000ha under the fruit, while mango is one of its key agricultural products. Farmers who grow mango to Viet GAP standards earn up to nearly 9,500 USD per hectare per year while those who grow traditionally earned nearly 6,900 USD , according to the department.-VNA VNA … [Read more...] about Fruit farmers encouraged to apply GAP standards
Central bank reduces intervention on OMO
State Bank of Vietnam (SBV)’s headquarters in Ha Noi. The SBV withdrew more than VND1 trillion through the bill channel in the first week of August. — Photo SBV The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market. According to Saigon Securities Incorporation (SSI)’s research division, the OMO had seen strong fluctuations last month when the SBV consecutively injected a large amount of Vietnamese dong totalling VND46 trillion through bill issues. In August, the SBV changed its policy, starting to withdraw cash out of the market through the OMO. It withdrew more than VND1 trillion through the bill channel in the first week of August. However, SSI analysts noted, the SBV has still applied the interest rate bidding method in the OMO, with a floor rate of 3.5 per cent per year, with an aim to keep the interbank lending interest rates at high levels. Under the SBV’s move, the interbank … [Read more...] about Central bank reduces intervention on OMO