Vietnam us trade

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK

Engineers at VNSC are building a small satellite. (Photo: VNSC) Hanoi (VNA) – Potential plans and roadmaps were proposed to build national capacity in Earth observation using small satellite systems during a seminar held by the Vietnam National Space Centre (VNSC) at the Vietnam Academy of Science and Technology (VAST) in Hanoi on June 30. In his remarks, VNSC General Director Assoc. Prof., Dr. Pham Anh Tuan said the Government in February 2021 announced a strategy for the development and application of aerospace science and technology by 2030, aiming to utilise achievements in the fields to address defence and security issues, strengthen management of environment and natural resources, monitor natural disasters and minimise their impacts, and provide related services for people. This seminar forms part of the efforts to translate the strategy into reality, according to Tuan. The seminar is held by the Vietnam National Space Centre (VNSC) at the Vietnam … [Read more...] about Vietnam to use small satellites to build capacity in Earth observation

NA Chairman Vuong Dinh Hue (L) and Speaker of the UK's House of Commons Lindsay Hoyle. (Photo: VNA) Hanoi (VNA) - National Assembly (NA) Chairman Vuong Dinh Hue's visits to Hungary and the UK from June 26-30 concluded successfully, thus greatly promoting the Vietnam-Hungary comprehensive partnership and deepening the Vietnam-UK strategic partnership, said Vu Hai Ha, Chairman of the NA's Commission for External Relations. Ha told the press that the NA leader’s visit to Hungary, the first comprehensive partner of Vietnam in Central and Eastern Europe, took place when the two countries have just celebrated the 72th founding anniversary of diplomatic relations and are looking towards the 5th founding anniversary of comprehensive partnership. The Vietnamese leader’s talks and meetings with Hungarian leaders took place in a sincere, open and trustful atmosphere, Ha said, adding that Speaker of the Hungarian NA László Kövér and Hungarian Prime Minister Viktor Orban underlined … [Read more...] about NA Chairman’s visits enhance Vietnam’s ties with Hungary, UK

Hanoi (VNA) - The Philippine Tariff Commission (TC) has announced the final conclusion on a safeguard investigation on High-Density Polyethylene (HDPE) pellets imported from many countries, including Vietnam . According to the Vietnamese Ministry of Industry and Trade (MoIT)'s Trade Remedies Authority, TC proposed the imposition of 2% safeguarding duties on the product within three years to prevent the adverse impacts caused by imported HDPE pellets on the domestic production. However, the authority said that the HDPE pellets imported from Vietnam is not subject to the tax rate, as Vietnam is on the list of developing countries with the import volume of under 3%. In the next two weeks, the Philippine Department of Trade and Industry (DTI) will give an official decision on the issue. On June 3, DTI decided not to impose any safeguarding duties on Linear Low-Density Polyethylene (LLDPE) pellets imported from Vietnam as there was no increase in imports of LLDPE pellets … [Read more...] about Vietnam’s HDPE pellets not subject to safeguarding duties in Philippines

A two-day event kicked off in Ho Chi Minh City on Thursday afternoon, featuring an exhibition and various discussions on the cooperation between Vietnam and Sweden in the field of sustainable development. Named ‘Pioneer the Possible,’ the program is organized by the Embassy of Sweden in Hanoi, Swedish Trade and Invest Council, Ho Chi Minh City People’s Committee, and Vietnam Chamber of Commerce and Industry at the New World Saigon Hotel in District 1 on Thursday and Friday. The event is aimed at enhancing the Vietnam-Sweden cooperation in sustainable development by presenting the green solutions of Swedish businesses and promoting Sweden’s effort to become a center of innovation and sustainability. Swedish Ambassador to Vietnam Ann Måwe delivers an opening speech at the ‘Pioneer the Possible’ program in Ho Chi Minh City, June 2, 2022. Photo: Duy Khang / Tuoi Tre The program features an exhibition that introduces Sweden’s climate strategy via positive changes and … [Read more...] about ‘Pioneer the Possible’: Sweden, Vietnam jointly work toward sustainable development

Vietnam exports nearly 2.77 million tonnes of milled rice in the first five months of 2022. (Photo: VNA) Hanoi (VNA) – As many countries in the world have limited food exports to guarantee domestic food security , rice – a staple in most of Asia – is forecast to witness surging prices in the time ahead, which is said to be a chance for Vietnam – one of the world’s largest rice exporters. Vu Thi Hue, head of the export - import division of the Dai Duong Xanh Export - Import Co. Ltd, said while lower wheat output and higher production costs have forced many countries to seek alternatives, rice is a suitable choice with good prices. So a bright prospect could be seen for both export volume and prices in the time ahead. In the first five months of 2022, nearly 2.77 million tonnes of milled rice worth over 1.35 billion USD were shipped abroad, rising 6.6% in volume but declining 4% in value year on year, according to preliminary data from the General Department of Vietnam … [Read more...] about Bright outlook predicted for rice exports