At the seminar, the experts emphasised that in order to enhance exports, Vietnamese honey products should meet the quality requirements from importers.In March 2013, Vietnam’s honey products were allowed to be exported to the EU market as they met the technical requirements in the management and monitoring of chemical residue. However, until now exports to the EU still account a small proportion in Vietnam's total export of the product worldwide.From the beginning of the year up to September 15, Vietnam exported approximately 29,000 tonnes of honey, including 1,469 tonnes to the EU.Chairman of the Vietnamese Beekeepers Association Dinh Quyet Tam said the import demands of EU market increases by 5.5%-7% per year, while the number of bee colonies and beekeepers in EU tends to decrease. In addition, the EU-Vietnam Free Trade Agreement (EVFTA) will soon become effective, creating conditions for enterprises to increase their honey export output to this demanding … [Read more...] about EU is potential market for Vietnamese honey exports
Markets
Portal on EU market launched for Vietnam’s exporters
Dinh Sy Minh Lang from the ministry’s European and American Market Department said the portal provides up-to-date information related to EU regulations, tariff incentives, international standards, market trends, products they can sell to the EU, buyers’ perceptions, and sector news. Lang said “Vietnam’s export window to Europe” database would initially focus on six sectors in which Vietnam enjoys certain advantages: textiles and garments, wood and furniture, fruits and vegetables, aquaculture, leather and footwear, and coffee and tea. The portal was developed as part of a programme called “Developing Direct Participation of Vietnamese Enterprises in Foreign Distribution System up to 2020” that was approved by the Government in 2015. The programme seeks to help Vietnamese firms develop new export channels to directly take their products to consumers in foreign countries to cut intermediary costs and add value. Nguyen Khanh … [Read more...] about Portal on EU market launched for Vietnam’s exporters
Portal on EU market launched for VN exporters
Dinh Sy Minh Lang of the ministry’s European and American Market Department said the portal provides up-to-date information related to EU regulations, tariff incentives, international standards, market trends, products they can sell to the EU, buyers’ perceptions, and sector news.Lang said “Viet Nam’s export window to Europe” database would initially focus on six sectors in which Viet Nam enjoys certain advantages: textiles and garments, wood and furniture, fruits and vegetables, aquaculture, leather and footwear, and coffee and tea.At a seminar held to introduce the database on November 29, he said through the database, domestic firms could find out everything they need to do if they want to enter the global distribution network.The portal was developed as part of a programme called “Developing Direct Participation of Vietnamese Enterprises in Foreign Distribution System up to 2020” that was approved by the Government in 2015.The programme … [Read more...] about Portal on EU market launched for VN exporters
Asia tech firms lead losses as regional markets tumble
The retreat is the latest to hit Asia as investors fret over a recent rally that has sent several indexes to record highs, though a surprise jump in a gauge of Chinese factory activity provided some support to Shanghai.While Wall Street saw the Dow chalk up a fresh record following strong US economic growth figures, the Nasdaq took a hammering with analysts pointing to a technical shift ahead of a Senate debate on tax cuts this week."The prospect of US tax cuts actually being passed appears to have prompted a value rotation away from the FANG stocks and the tech-heavy Nasdaq and back toward financials and other sectors of the market that will benefit if the tax bill does indeed pass into law," said Greg McKenna, chief market strategist at AxiTrader.FANG refers to tech titans Facebook, Apple, Netflix and Google - which now trades as Alphabet - that have been at the forefront of a market surge in the sector this year.The selling flooded through to Asia, where Samsung dived 3.4 per cent … [Read more...] about Asia tech firms lead losses as regional markets tumble
Portal on EU market launched for Vietnam exporters
Dinh Sy Minh Lang of the ministry’s European and American Market Department said the portal provides up-to-date information related to EU regulations, tariff incentives, international standards, market trends, products they can sell to the EU, buyers’ perceptions, and sector news.Lăng said “Vietnam’s export window to Europe” database would initially focus on six sectors in which Vietnam enjoys certain advantages: textiles and garments, wood and furniture, fruits and vegetables, aquaculture, leather and footwear, and coffee and tea.At a seminar held to introduce the database on November 29, he said through the database, domestic firms could find out everything they need to do if they want to enter the global distribution network.The portal was developed as part of a programme called “Developing Direct Participation of Vietnamese Enterprises in Foreign Distribution System up to 2020” that was approved by the Government in 2015.The programme … [Read more...] about Portal on EU market launched for Vietnam exporters