Vietnamese agricultural products

The agro-forestry-aquatic sector boasts great potential to attract more investment, while also contributing to the country’s export turnover (Photo: Le Toan) Over the past few months, TH Group has spent millions of US dollars on beefing up production of fresh milk products. Not only being locally consumed, these products are also exported to China, where TH has become the first Vietnamese enterprise to be allowed by China’s authorised agencies to export fresh milk products into this gigantic market with a population of 1.4 billion people. Under a protocol signed in April between Vietnam’s Ministry of Agriculture and Rural Development (MARD) and China’s General Administration of Customs on veterinary and health requirements for dairy products to be exported, TH Group has met all strict requirements and conditions set by China. Also, in April, TH Group inked an MoU for a strategic partnership on market development and consumption of foodstuffs, farm produce, … [Read more...] about Agriculture driving economic growth

Workers perfect wood products for export at the Woodsland Tuyen Quang JSC.-Photo hanoimoi.com.vn Businesses also have enough orders for production by year-end, said Nguyen Ton Quyen, Vice Chairman and Secretary-General of the association. Deputy Minister of Agriculture and Rural Development Ha Cong Tuan also said to meet this goal, the Government has committed to creating favourable conditions for businesses, including domestic and foreign-invested enterprises, to develop and have solutions for origin fraud in the timber industry. According to the association, Vietnam is expected to export timber and wood products to the EU valued at over $700 million this year, higher than the $680 million achieved in 2018. Before 2018, the EU market mainly imported outdoor wooden furniture, while since early this year this market has increased imports of indoor wooden furniture at a much higher value. This trend will continue in the future, it said. Vietnam's exports of timber and wooden products … [Read more...] about Vietnam to gain $11b from wood and forest product exports this year

National Assembly Chairwoman Nguyen Thi Kim Ngan (R) meets with Russian Prime Minister Dmitry Medvedev in Moscow on December 11 (Photo: VNA) Moscow (VNA) – National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan had a meeting with Russian Prime Minister Dmitry Medvedev in Moscow on December 11 as part of her official visit to the country. The visiting leader highly valued the sound development of Vietnam-Russia relations in all fields, affirming that the Vietnamese NA always supports the enhancement of comprehensive cooperation between the two countries, and will work with the Vietnamese Government to remove difficulties in bilateral cooperation in a timely manner, thereby helping to intensify their connections. In the recent past, many major investment projects of the countries have been carried out, she said, noting there remains huge potential for investment partnership in such fields as developing urban infrastructure, transport infrastructure, the digital economy, and … [Read more...] about Vietnamese NA leader, Russian PM discuss multifaceted relations

A vast array of companies are getting involved with foreign markets, especially Europe (Photo Le Toan) With years of experience in exporting produce to the EU, Phan Van Thuong, director of G.O.C Food Processing Export JSC, a private company located in the northern province of Bac Giang, said that his company is investing a large amount of money in expanding its operations. Over the years, the company’s export turnover of foods like pineapples, baby cucumbers, and asparagus to the EU has seen rapid growth. “Our company once had to refuse an order of 35 containers to Germany, and was able to accept 20 instead, because we didn’t have enough material,” Thuong said. According to him, since the EU-Vietnam Free Trade Agreement (EVFTA) was signed in late June, some EU companies have contacted his company seeking co-operation. “They’re interested in typical Vietnamese products,” he said. In another case, at the Nafoods factory in the Mekong Delta … [Read more...] about Agri-trade to blossom through EVFTA

Deputy Prime Minister Trinh Dinh Dung (R) shakes hands with Russian Ambassador to Vietnam Konstantin Vukov. (Photo: VNA) Hanoi (VNA) – The Vietnamese Government always endorses and creates favourable conditions for Vietnamese and Russian enterprises to boost cooperation, Deputy Prime Minister Trinh Dinh Dung said on December 11. Receiving Russian Ambassador to Vietnam Konstantin Vukov, Deputy PM Dung expressed his hope that a multitude of business and trade initiatives will be carried out between the two sides, helping develop the Vietnam – Russia Comprehensive Strategic Partnership in a deeper and more effective manner. He said he rejoiced at the fruitful partnership, particularly in the fields of economy, trade and investment. Vietnam has become the largest trade partner of Russia in the ASEAN bloc as two-way trade reached 4.5 billion USD in 2018, up 30 percent from the previous year, he said, adding that a wide range of activities have been held during the … [Read more...] about Vietnam facilitates trade with Russian firms: Deputy PM