Vietnam trade partners

This file image shows Singapore Ambassador to Vietnam Catherine Wong. Photo: Quang Dinh / Tuoi Tre Vietnam’s public opinion and experts/government often consider Singapore a model for Vietnamese development. What is the lesson Vietnam can learn from Singapore? Regarding the cooperation between the two nations, what is the most important advantage/lesson that Singapore can learn from Vietnam?  … [Read more...] about Vietnam, Singapore can learn from each other: ambassador

As for the infeasibility, the association said that many business partners were likely to disagree with the draft decree requesting the name of manufacturers to be labelled on the product in line with Vietnamese laws. Normally, only the name of importers, also known as owners, is displayed on the product label as per the regulations of the United States and Europe. … [Read more...] about VASEP opposes draft regulations on labelling Vietnam’s export products

With a huge sea network of 45 ports, 286 berths, and 18 anchorage and ship-to-ship transfer areas, Vietnam’s maritime market is a magnet to foreign players, including those from the EU. In the coverage, the Cai Mep-Thi Vai port area, which is home to seven ports, is among the most promising seaports in Vietnam. The port area boasts a total capacity of seven million TEUs (twenty-foot equivalent units) a year, with current capacity reaching 80 per cent, and is able to accommodate mainline vessels of 194,000 deadweight tonnage (DWT) connecting Vietnam with Europe, North America, and Asia. … [Read more...] about Trade upswing pressures local ports

This decline in the price of Thai rice exports can largely be attributed to the appreciation of their currency, the baht, against the US dollar, which has consequently seen the neighbouring country's rice export prices lose its competitive advantage over rivals. At present, the free on board, also known as FOB, prices of 5% broken rice from Thailand stands at around US$460 per tonne, US$90 higher than Indian rice and US$ 8 higher than Vietnamese rice. … [Read more...] about Vietnam outstrips Thailand in rice export price

He reiterated ASEAN’s in-principle stance on the East Sea agreed upon by leaders at the recent 36th ASEAN Summit, and noted ASEAN will continue to strengthen cooperation in the constructive manner with all partners, including Canada, to foster dialogue, build trust, and maintain peace and stability in the region. … [Read more...] about Canada attaches importance to cooperation with ASEAN