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Vietnamese paper bags are under a request for an anti-dumping investigation. Photo congthuong.vn The US Department of Commerce (DOC) on June 20 will decide whether to investigate the dumping of paper bags imported from Viet Nam. The paper bag codes under investigation are HS 4819.30.0040 and 4819.40.0040. The case's plaintiff is the Coalition for Fair Trade with Shopping Bags. The Department of Trade Remedies, under the Ministry of Industry and Trade of Viet Nam, said that DOC received a request for an anti-dumping investigation on paper shopping bags imported from Viet Nam. The Coalition said that Viet Nam exported US$162 million in products to the US, ranking second behind China. Meanwhile, data from the US International Trade Commission (USITC) showed the export value of investigated products was around $144 million last year, up 37.6 per cent year-on-year, accounting for about 15 per cent of total export turnover and ranking second among countries that export the most … [Read more...] about US may investigate paper bags from Viet Nam

A Korean student joins an exchange with Vietnamese school students in a Korean business-funded Corporate Society Responsibility programme in central Viet Nam. — Photo courtesy of Doosan Vina Although accounting for a 10 per cent share of total South Korean investment capital in Viet Nam, the Korean business community has been positively promoting Corporate Social Responsibility (CSR) programmes to contribute to socio-economic development in central Viet Nam over the past decades. The Consul General of South Korea in Da Nang, Kang Boo Sung, spoke at the CSR Forum among South Korean businesses operating in the central region, emphasising the satisfaction among 250 enterprises working in the region over the past years. More new Korean investors are turning their attention to this destination. "South Korea is seen as the largest investor in Viet Nam with an accumulated US$81 billion since the two countries established diplomatic ties in 1992, and an amount of $4.88 billion in newly … [Read more...] about South Korean investors share social support in central Viet Nam

Trang An scenic landscape complex in the northern province of Ninh Binh. After three years of stagnation due to the COVID-19 pandemic, Viet Nam's tourism industry is accelerating its recovery. — VNA/VNS Photo Experts forecast a positive outlook for travel stocks after two years of being battered by the COVID-19 pandemic. However, Vietnamese tourism businesses still have to face many difficulties and challenges. Positive first quarter After three years of stagnation due to the COVID-19 pandemic, Viet Nam's tourism industry is accelerating its recovery. According to the General Statistics Office, in the first five months of this year, the number of international visitors to Viet Nam was estimated at nearly 4.6 million, 12.6 times higher than the same period last year. Of the total of nearly 4.6 million international visitors to Viet Nam in the past five months, visitors coming by air accounted for 88 per cent; by road accounted for 10.9 per cent; by sea 1.1 per cent. With the … [Read more...] about Travel companies see positive outlook but challenges lie ahead

New Zealand apple and kiwi companies showcase their fresh fruits at the Made With Care launch event held in HCM City on June 8. — VNS Photo New Zealand Trade and Enterprise, the government’s international business development agency, on Thursday kickstarted its 2023 Made With Care Campaign to reinforce the strong trade relations between New Zealand and Viet Nam. The campaign provides a platform for New Zealand brands to introduce their products to local retailers. Speaking at the launch, Tredene Dobson, New Zealand’s ambassador to Viet Nam, said: “The food and beverages sector is a particular success story in our trade relationship with Viet Nam, making up the majority of exports, [worth] a total of NZ$798 million … last year. “This event is a fantastic chance to expand the brand value of New Zealand’s outstanding, great-tasting and healthy food and beverage products to the Vietnamese market, and further boost the collaboration between New Zealand and Vietnamese partners in … [Read more...] about New Zealand companies showcase apple, kiwi in HCM City

Visitors at the HanoiPlasPrintPack 2023, held from June 8 to 11 in Ha Noi at the I.C.E. - Hanoi International Center for Exhibition. — Photo Vinexad Industry leaders of the plastics, rubber, printing, and packaging industries are gathering at the HanoiPlasPrintPack 2023, held from June 8 to 11 in Ha Noi at the I.C.E. - Hanoi International Center for Exhibition. The 11th Hanoi International Plastics, Rubber, Printing & Packaging Industry Exhibition is making a grand comeback in its physical format, showcasing a lineup of 220 exhibitors, occupying 340 booths across an exhibition area of 8,000 square metres. They represent diverse countries and regions, including Belgium, China, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Taiwan, Thailand, United Kingdom, and Viet Nam. These exhibitors are presenting up-to-date machinery, equipment, and advanced technology solutions. Organised by the Ministry of Industry & Trade - Vinexad National Trade Fair & … [Read more...] about HanoiPlasPrintPack 2023 expo takes place in Ha Noi

TikTok application on a smart phone. Viet Nam's cyber authority is tightening up on the platform to curb harmful content. — XINHUA/VNA Photo Viet Nam's cyber watchdog is seeking to tighten its grip on social media to keep the country's cyberspace free of 'harmful content'. That is what the Authority of Broadcasting and Electronic Information (ABEI) is doing. The authority said it had threatened bans on non-compliant social media to prevent users' exposure to harmful content in cyberspace. The authority took YouTube as an example. It said Youtube would get its application removed from smart televisions if the corporation allows harmful content to continue unchecked on the platform. The move comes after the Deputy Ministry of Information and Communications Nguyen Thanh Lam warned of online illegal activities going on the rampage in Viet Nam. He clarified his claim by stating that for every 100 dollars generated by illegal activities on YouTube globally, a shocking 55 dollars … [Read more...] about Cyber authority tightens up on harmful content

PVI Insurance has been awarded the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023" by International Finance Magazine (IFM). — Photo courtesy of PVI Insurance PVI Insurance Corporation (PVI Insurance) proudly achieved remarkable recognition on Wednesday, as the sole insurance enterprise in Viet Nam honoured in the prestigious "International Finance Insurance Awards" by the United Kingdom's International Finance Magazine (IFM). PVI Insurance received the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023". The International Finance Awards are renowned for celebrating organisations that have demonstrated exceptional accomplishments and advancements across various sectors worldwide. In insurance industry, the award acknowledges the companies that are dedicated to safeguarding the interests of customers globally. Earlier in February, PVI Insurance also became the first and only company in Viet Nam to receive an excellent A- … [Read more...] about PVI Insurance awarded “Most Innovative Non-Life Insurance Company 2023” from International Finance Magazine

Thanh Thanh Dat MDF Joint Stock Company, Ha Tinh Province. The export of timber and wood products, after many years of rapid increases, dropped significantly from the beginning of this year. — VNA/VNS Photo Vu Quang Timber enterprises were calling for support in terms of market information, requirements and consumer tastes to cope with declining exports which were pushing them into many difficulties from the beginning of this year. The export of timber and wood products, after many years of rapid increases, dropped significantly from the beginning of this year. Statistics of Viet Nam Timber and Forest Products Association (Viforest) showed that wood exports were estimated at US$4.7 billion in January – May, falling by nearly 30 per cent against the same period last year. Viforest’s president Do Xuan Lap said that wood companies were struggling with exports due to falling demand in major markets, such as the US, Japan, the Republic of Korea, China, the UK and the Europe Union. … [Read more...] about Firms call for support as wood exports slump

Visitors look for potential partners in the Korea Content Village stall in Telefilm 2023. — VNS Photo Hong Linh The International Exhibition of Products, Telecommunications Services, Information Technology and Communications (ICTComm) and the International Exhibition of Film and Television Technology (Telefilm 2023) were held together at the Saigon Exhibition and Convention Centre on June 8. The eighth ICTComm has attracted more than 350 exhibitors from 15 countries and territories such as the United States, India, Poland, and China. It displayed the latest telecom products and services, and information and communication technologies, including EduTech, Fintech, artificial intelligence (AI), Internet of Things (IoT), games, augmented reality (AR), and virtual reality (VR) technology, and others. Deputy Minister of Information and Communications Nguyen Minh Hong said that ICTomm expos can be a favorable and efficient environment for businesses to promote and connect. Fibre … [Read more...] about Telecom, TV technology expos launch

Customs officers examine durians before the fruit is exported to China via the Huu Nghi International Border Gate in Lang Son Province. — VNA/VNS Photo The Vietnamese Ministry of Agriculture and Rural Development (MARD) sent a diplomatic note to the General Administration of Customs of China (China Customs) on Thursday, calling for the early signing of a protocol on food safety and quarantine requirements for fishery exports and imports between the two countries. It said that to implement the common perceptions between the two countries’ leaders as identified in the 2022 joint statement on continuing to enhance the comprehensive strategic cooperative partnership, the MARD sent a delegation to work with the administrations and customs departments of the Chinese provinces of Guangxi and Yunnan from May 29 to June 2, aiming to promote cooperation and increase the value of agricultural products traded via the two countries’ provinces sharing the land border. The Vietnamese … [Read more...] about MARD calls for signing of protocol to boost farm produce trade with China