Viet Nam is a potential market for Australian table grapes because of its growing middle class, rapid economic growth and the increasing purchasing power of Vietnamese consumers. The statement was made by Yvonne Chan, Australian Deputy Consul-General and Senior Trade Commissioner to Viet Nam, at a seminar in Ha Noi on Thursday. The event was organised to cement existing trade relations and build new partnerships among Australian table grape exporters and Vietnamese importers. Table grapes are produced in all Australian states, with the majority grown in Victoria. Of the country’s roughly 1,000 table grape growers, most are small-scale, family owned businesses. Australia plants an average volume of 170,000 tonnes of table grapes each year, 62 per cent of which is exported to 42 countries and territories, Chan said. Viet Nam is the 7th largest importer of Australian table grapes with a 4 per cent share, following China (38 per cent), Indonesia (15 per cent), Japan (10 per cent), … [Read more...] about Australia to boost VN trade ties through table grapes
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Are FIEs the cause behind the increase in rising pork prices in VN?
VietNamNet Bridge - Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. The pork price has been escalating Tran Van Chien, director of Co Dong Livestock Cooperative in Hanoi, said there are ‘abnormal’ signs in the current price escalation which began one month ago. Vietnamese livestock companies believe that foreign-invested enterprises are involved in the current pork price escalation, and that “the livestock industry may fall into foreigners’ hands just in one or two years”. Chien warned at a conference one year ago that the pig price would plunge and bounce back again, but the profit would go to FIEs’ pockets, while Vietnamese farmers would be at a disadvantage. RELATED NEWS VN livestock industry in danger as imports are too cheap High feed prices cut … [Read more...] about Are FIEs the cause behind the increase in rising pork prices in VN?
VN moves closer to full global integration
Viet Nam News HCM City – Việt Nam is integrating increasingly with the global economy, having signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) this month and discussing four other free trade agreements, the annual Economic Scenarios Conference heard in HCM City yesterday. Speaking at the conference, titled “Breakthrough opportunities for business growth”, Ngô Văn Tuấn, deputy chairman of the Party Central Committee’s Economic Commission, said: “Such efforts will strongly promote Việt Nam’s competitiveness and economic development in the digital era. “This is a good opportunity for foreign and domestic investors to strengthen their investment and trade relations.” Deputy Minister of Planning and Investment Nguyễn Văn Hiếu said: “Việt Nam now has a lot of advantages and a great chance for steady development and a prosperous future.” … [Read more...] about VN moves closer to full global integration
Government News 24/3
Vietnam, Czech supreme courts step up cooperation Chief Judge of the Supreme People’s Court of Vietnam Nguyen Hoa Binh held talks with his Czech counterpart Pavel Samal during his ongoing visit to the Republic of Czech from March 21-24.Prime Minister hosts Oman Minister of Commerce and Trade PM Nguyen Xuan Phuc (R) and Omani Minister of Commerce and Trade Ali Bin Masoud Congratulations to Myanmar Speaker of House of Representatives U T Khun Myat, far right, stands with outgoing Pyithu speaker U Win Myint, State Counsellor Daw Aung San Suu Kyi and U Shwe Mann during a meeting in November 2015. Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan on March 23 sent a message of congratulations to U T Khun Myat on his election as Speaker of the House of Representatives (Pyithu Hluttaw) of Myanmar.Regional exchange promotes Vietnamese culture, food At the tea party of the ASEAN Ladies Circle in Beijing The Vietnamese Embassy in China hosted a tea … [Read more...] about Government News 24/3
President Moon Jae-in wants to lift RoK-VN partnership to next level
The Republic of Korea's President Moon Jae-in and his spouse (Source: Embassy of the Republic of Korea) Hanoi (VNA) – President Moon Jae-in of the Republic of Korea (RoK) has said he intends to further deepen friendship and trust with the Vietnamese leadership to lift the strategic cooperative partnership between the RoK and Vietnam to a new height during his upcoming State visit to Vietnam. The President revealed his intention in a written interview granted to Vietnam News Agency before he, together with his spouse, is making a State visit to Vietnam from March 22-24 at the invitation of President Tran Dai Quang. The interview dealt with a wide range of issues, including the relations of the two countries and measures to bolster it and matters relating to peace on the Korean peninsula. The following is the full text of the interview: - Mr. President, what is the significance of your state visit to Vietnam this time? RoK President Moon Jae-in: I am very pleased … [Read more...] about President Moon Jae-in wants to lift RoK-VN partnership to next level