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According to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development, the export value of timber and forest products in the first eight months of 2020 reached an estimated US$7.83 billion, a year-on-year increase of 10.3 percent, accounting for 29.9 percent of the agricultural sector’s total export value. Specifically, timber and wood product exports reached an estimated US$7.32 billion, up 9.6 percent; and non-wood forest product exports reached US$511 million, up 21.6 percent. … [Read more...] about Trade remedies applied on Vietnam’s surging timber exports

Hanoi (VNA) – With rapid development over the past 30 years, cooperation between Vietnam and the EU is expected to grow further in 2021 and the years to come, a Vietnamese official has said. Deputy Minister of Foreign Affairs To Anh Dung highlighted comprehensive developments of the Vietnam-EU relationship and considered prospects for the ties in a recent article published on the occasion of the 30th anniversary of the bilateral diplomatic ties (November 28). Over the past three decades, the diplomatic ties have made rapid, outstanding strides, expanding from cooperation in certain areas to a comprehensive partnership, he said, noting this has affirmed the trust-worthy and friendly spirit and shared long-term vision of the two sides in efforts to elevate the bilateral relations and contribute to peace, cooperation and development regionally and globally. The Deputy FM attributed the achievement to the dynamic shift from traditional fields to other potential realms. The EU … [Read more...] about Vietnam-EU relations to grow further in coming years

Meanwhile, Director of the Korea International Cooperation Agency (KOICA) in Vietnam Cho Han Deog said that the project is launched following an agreement signed between the two countries in September 2013. The KOICA and the General Department of Land Administration worked together in building land management information from 2012 to 2015, which is continued with the project to enhance Vietnam’s capacity in land valuation and land information system basing on VietLIS. … [Read more...] about VIETNAM NEWS JANUARY 14

A representative from the firm said it was forced to shutter operations because of the price hike, which has brought its operational cost to an unsustainable level. Other plastic makers also reported a 50 per cent higher inventory compared to the same period last year, even after they bit the bullet and shipped orders at a loss-incurring cost. … [Read more...] about Exporters complain as cost for containers skyrockets