Illustrative image (Photo: VNA) Hanoi (VNA) - The Ministry of Industry and Trade (MoIT) has worked out comprehensive solutions to expand and seek more export markets for Vietnam’s goods, towards fostering the country’s export, especially to member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). According to Minister of the MoIT Tran Tuan Anh, the ministry has developed and submitted to the Prime Minister a scheme to handle international trade disputes, accelerate the implementation of key projects, and increase production capacity of sectors, with the aim of contributing to stimulating economic growth. The scheme is considered as an overall action programme of the Government to implement the CPTPP and affirm Vietnam's integration commitments to bring the most benefits to the national economy, localities and people. The MoIT’s Export and Import Department said Vietnam’s export turnover to Japan and Canada - the … [Read more...] about Proactive measures taken to promote export to CPTPP markets
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Opportunities for businesses importing soybeans from Canada
Chris Forbes, Canadian Deputy Minister of Agriculture and Agri-Food, speaks at the workshop (Photo: VNA) HCM City (VNA) – A workshop was held in Ho Chi Minh City on February 28 to connect businesses that import soybeans from Canada. Bui Tien Toan, sales manager of Linh Long Development Co., Ltd., said businesses now have multiple choices in importing soybeans, especially from the US and Canada. The import is favourable as Canada’s soybeans meet his firm’s demand on quality and quantity, while the business can enjoy tariff incentives, he said. He added that his company imports about 18,000-20,000 tonnes of soybean each year to distribute for domestic businesses to process food, including 6,000 tonnes imported from Canada. Vo Thi Thuy Diem, sales manager of Golden Nutrition, said her company imports 500 tonnes of soybean per month, 30 percent of which are from Canada. She said Vietbamese soybean importers need stable policies, as well as to promptly address … [Read more...] about Opportunities for businesses importing soybeans from Canada
Re-export of wheat tainted with thistle seeds on hold
Re-export of wheat tainted with thistle seeds on holdThe Saigon Times Daily Spring wheat field in eastern North Dakota, the U.S. - PHOTO: REUTERS HCMC – Hoang Trung, head of the Plant Protection Bureau under the Agriculture Ministry, on October 17 said the re-export of wheat tainted with thistle seeds of the Cirsium arvense family, originally scheduled for November 1, has been put on hold based on the proposal of affected enterprises. VietnamPlus news site cited Trung as saying that the bureau had met with scientists and enterprises to discuss solutions over the imported wheat contaminated with the seeds of Cirsium arvense, a highly invasive weed. The bureau will work with enterprises and wheat-exporting countries, mainly the United States, Russia and Canada, to resolve the problem and seek appropriate solutions. However, if these solutions prove ineffective, the bureau will apply re-export procedures, giving the wheat-importing enterprises one month’s advance … [Read more...] about Re-export of wheat tainted with thistle seeds on hold
New trade, investment chances in Vietnam introduced in Canada
Vietnamese Ambassador to Canada Nguyen Duc Hoa speaks at the seminar in Ottawa on September 11 (Photo: VNA) Ottawa (VNA) – New trade and investment opportunities in Vietnam were introduced to Canadian officials and businesses at a seminar in Ottawa on September 11. The seminar marked the opening of Vietnam Week in Canada from September 11 to 17 to celebrate Vietnam’s 73rd National Day and 45 years of bilateral diplomatic ties. It was attended by Donald Bobiash – Assistant Deputy Minister for Asia Pacific of Global Affairs of Canada, Kathleen Donohue – executive director at the Agriculture and Agri-Food Canada, Ladislau Papara – Regional Manager for Asia at the Export Development Canada and Jacques Frémont – President of the University of Ottawa. The Vietnamese side included Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, Vietnamese Ambassador to Canada Nguyen Duc Hoa and Trade Counsellor Do Thu Huong. At … [Read more...] about New trade, investment chances in Vietnam introduced in Canada
Vietnamese firms seek to export their brands
(VEN) - Since 2007, the Ministry of Industry and Trade has granted 206 franchise licenses for foreign brands in Vietnam. Of the total, some 10 brands were licensed in the first half of this year. The franchisers span diverse business, such as pharmaceutical production, convenience stores, fashion, education models for children and restaurant chains. Pho 24, one of the Vietnamese brands now franchised abroad The majority of franchisers were from the US, the UK, France, Australia, the Republic of Korea, Singapore, Thailand, Japan, Canada and the Philippines. Nguyen Phi Van, chairwoman of the Retail & Franchise Asia, founder and manager of the World Franchise Association, said Vietnam ranked eighth out of the top 12 markets identified by the International Franchise Association as the most valuable markets for international expansion. At the same time, Vietnamese brands had also started to develop platforms to promote their brands in the world market. Franchising began in … [Read more...] about Vietnamese firms seek to export their brands