Double digit export growth According to the Hanoi People’s Committee, the export turnover of goods in June 2022 reached about US$1.517 billion, up 6.8 percent from May 2022 and 17.5 percent from June 2021. In the first half of this year, the commodity exports turnover reached US$8.3 billion, up 17.1 percent over the first half of 2021. Some key items with increased export turnover in this period included textile and garment, reaching US$1.22 billion, up 29.6 percent; computer components and peripherals, US$1.072 billion, up 20.2 percent. The total import turnover of goods hit US$3.675 billion in June and US$20.5 billion in the first six months of 2022, the latter of which is 24.5 percent higher than the same period in 2021. Among the items of highest value were machinery, equipment and spare parts reaching US$2.996 billion, down 5.6 percent; petroleum US$2.934 billion, 2.8 times higher than the same period in 2021; computers, electronic goods and components at US$1.535 … [Read more...] about Hanoi helps firms implement trade deals
One pride one world trade center june 24
International Fisheries Exhibition-Vietfish 2022 returns to HCMC from August 24
illustrative photo With the message ‘Asian seafood house’, the Vietfish 2022 International Seafood Exhibition organized by the Association of Seafood Exporters and Producers - VASEP will take place from August 24 to 26, 2022 at the Saigon Exhibition and Convention Center (SECC) at 799 Nguyen Van Linh in Ho Chi Minh City’s District 7. The event will see the participation of nearly 200 units with 362 exhibition booths in various fields. The Vietfish 2022 not only connects leading enterprises in the quality of shrimp, fish, and mollusks but also businesspersons can collect the latest information and achievements in seed, animal feed, biological products, equipment technology, production and processing. Attendees can experience directly the models, and technology and directly evaluate the quality of seafood through fresh or ready-made products at the booth. Additionally, Vietnamese consumers will have the opportunity to learn and enjoy 100 percent Vietnamese seafood products … [Read more...] about International Fisheries Exhibition-Vietfish 2022 returns to HCMC from August 24
UK deal offers gateways to regional trade
Trade in goods between Vietnam and the UK has grown rapidly According to the Ministry of Industry and Trade, two-way trade between the UK and Vietnam reached US$6.6 billion in 2021, an increase of 17.2 percent compared to 2020. The expected recovery of the British economy from the pandemic and growing consumer demand in the UK will offer more opportunities for Vietnam’s exports in the years to come. The UK is currently Vietnam’s third largest trading partner in Europe after Germany and the Netherlands. The UK and Vietnam established a strategic partnership in 2010. The signing of the trade deal was of great significance, preventing an interruption of bilateral trade at the end of the Brexit transition period on December 31, 2020 and promoting post-pandemic economic recovery. In addition, the contents of the UKVFTA are similar to those of the EU-Vietnam Free Trade Agreement (EVFTA), shortening negotiations. Embracing globalization has been one of Vietnam’s core strategies to … [Read more...] about UK deal offers gateways to regional trade
300,000 high-skilled job opportunities to be created in Malaysia by 2025
Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali (Photo: Bernama) Kuala Lumpur (VNA) - A total of 300,000 high-skilled job opportunities in high-impact sectors such as electrical and electronics (E&E), automotive, chemicals and advanced materials, as well as life sciences and medical technology, for Malaysian youths are expected to be created by 2025. The country's Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said for this year alone, a total of 20,000 similar job opportunities will be created through the Academy in Factory (AiF) programme. To ensure foreign investors continue to make Malaysia an investment destination, it is the responsibility of the Ministry of Industry and Trade to provide highly skilled and technological talents. This is in line with the emphasis for the country's workforce to improve skills and re-skilling or upskilling in line with the 4th Industrial Revolution which is expected to … [Read more...] about 300,000 high-skilled job opportunities to be created in Malaysia by 2025
Indonesia: 40 political parties register for 2024 General Election
Forty Indonesian political parties have registered to participate in 2024 General Election (Source: indonesia.postsen.com) Jakarta (VNA) – The General Elections Commission of Indonesia (KPU) has announced that 40 out of the 43 national parties that have Political Party Information System (Sipol) accounts had registered to participate in the 2024 General Election, as the registration period ended on August 14. KPU Commissioner August Mellaz said that the Peace and Prosperity Renewal Party, the Indonesian Student Party, and the People's Party have not registered until the deadline at 23:59 on August 14. According to him, as many as 24 parties have declared their documents complete, while the other 16 parties' files are still being examined by the KPU and their status will be announced on August 15. Indonesia will organise the general election on February 14, 2024, while the local election of Governors, and Heads of Districts will take place in November 2024./. … [Read more...] about Indonesia: 40 political parties register for 2024 General Election
Return of cash flow lifts investor sentiment
Customers at BIDV's trading office. The bank's shares climbed 4.59 per cent on Monday, leading the rally. —Photo courtesy of BIDV The market ended mixed on Monday, with benchmark indices gaining points on the return of cash flow improving general sentiment. The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) added 11.84 points, or 0.94 per cent, to 1,274.2 points. The index opened the new week on a positive note as risk asset demand was higher. The market’s breadth was positive with more stocks increasing, while liquidity also rose over the previous session. Accordingly, matching value on HoSE jumped 15 per cent to nearly VND14 trillion (US$596.8 million), equivalent to a matching volume of 586 million shares. The market benchmark rallied for the second straight session, boosted by the uptrend of large-cap stocks. The 30 biggest stocks tracker VN30-Index closed the trading day at 1,293.79 points, up 2.83 points, or 3.1 per cent. Twenty-two stocks of the VN30 basket inched … [Read more...] about Return of cash flow lifts investor sentiment
Coca Cola joins locals in Da Nang in “For a Viet Nam without Waste” programme
Collecting waste along the beach is among the programme’s primary activities. —Photo Coca-Cola Viet Nam Coca-Cola Vietnam, in partnership with Da Nang City, has launched a “For a Viet Nam without Waste” event in the city’s Lien Chieu District. The event, joined by representatives from agencies and the local community, is one of the activities organised by Coca-Cola Vietnam and local authorities in Da Nang and HCM City under the "World Without a Waste" vision. With many activities over a half-day, the “For a Vietnam Without Waste” event aims to raise public awareness of waste sorting, encourage people to use reusable bags, and promote a green lifestyle and sustainable production and consumption. Coca-Cola Vietnam handed Da Nang Department of Natural Resources and Environment, Department of Industry and Trade 90 segregation trash bins and 4,000 reusable bags, worth VND700 million. The in-kind sponsorship will help the local authority propagate the new environmental protection … [Read more...] about Coca Cola joins locals in Da Nang in “For a Viet Nam without Waste” programme