Asean china free trade area preferential tariff certificate of origin

Vietnam and Australia are both members of at least three free trade agreements, namely ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), CPTPP and the Regional Economic Comprehensive Economic Partnership (RCEP). According to data of the General Statistics Office of Vietnam, last year, two-way trade between Vietnam and Australia hit 12.4 billion USD for the first time, up more than 49 percent compared with that of 2020. The value of shipments to Australia reached more than 4.45 billion USD, a year-on-year increase of 23 percent. Vietnam spent nearly 8 billion USD in importing goods from Australia, up nearly 70 percent against 2020’s figure. Vietnam's exports to Australia are growing strongly, reaching 1.38 billion USD in the first quarter of 2022, a surge of 32.36 percent against the same period last year. Sharp increases were seen in Vietnam’s export of various agricultural and industrial products to Australia, for example 84 percent in coffee, 51 percent in aquatic … [Read more...] about CPTPP helps leverage Vietnam – Australia investment cooperation

Spain, which is one of the world leaders in clean energy, wants to boost its partnership with Vietnam in the field, Jiménez told Vietnam News Agency in an interview on the occasion of the 45th anniversary of the two nations’ diplomatic relations (May 23, 1977 - 2022). More and more Spanish companies are investing in Vietnam, particularly in sectors of common interest and those which suit both countries' orientations towards sustainable development, she said. She highly appreciated Vietnam’s strong commitments made at the 26th U.N. Climate Change Conference (COP26) last year and its efforts to cut greenhouse gas emissions, saying Vietnam must forge major reforms to realise its sustainable development ambitions. Referring to the progress of bilateral relations, she said that in the past Spain had boosted development cooperation with Vietnam, with emphasis placed on sustainable development and gender equality. The Spanish Agency for International Development Cooperation (AECID) … [Read more...] about Spain committed to accompanying Vietnam in renewable energy growth: ambassador

In April, Viet Nam's cashew exports reached 49,000 tonnes, earning US$290 million. — Photo dangcongsan.vn Enterprises should prioritise investment in developing value-added cashew products to avoid losing its market share instead of only focusing on wholesale, according to experts. Viet Nam's cashew nut is dominant in the EU market, however, it is mainly raw material and there are very few processed products, especially roasted and spiced products according to the taste of EU customers. Meanwhile, products made from cashews, especially spiced cashews, chocolate covered cashews, cashew milk, and cashew yoghurt, are becoming more and more popular for EU consumers because they are healthy alternative foods. “Diversifying cashew products has also pushed the demand for those products up in the EU market. Domestic enterprises need to have market research and investment in the processing stage to maintain their market shares in this market," Vu Anh Son, a representative of the Viet … [Read more...] about Viet Nam should prioritise value added cashew products for EU market

Reporters take part in the third international press conference on May 21. — VNA/VNS Photo Tuấn Đức Thanh Hà HÀ NỘI — The SEA Games 31 is considered an event of solidarity in the spirit of fair play, according to the Organising Committee at the third international press conference on May 21 in Hà Nội. Many local and international reporters and journalists attended the conference chaired by deputy head of the Information and Communications Sub-Committee Lê Thị Hoàng Yến, who summarised and reviewed the regional sports meet's activities. "Almost competitions have been well organised in the spirit of fair play and sportsmanship. Olympic sports are run following clear rules and regulations while sensitive sports, including martial art performance events, are assessed fairly and objectively," said Yến, who is the vice chairwoman of the Việt Nam Sports Administration. "The chief-de-missions of all teams are satisfied with organising activities of the hosts. To date, we have not … [Read more...] about ‘Games held in spirit of fair play’: organisers