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The agency has strived to deploy trade promotion and investment solutions based on the application of information technology, aiming to help Vietnamese companies maintain contact with potential foreign partners and investors to explore collaboration opportunities. Côte d'Ivoire is Vietnam's second-largest trading partner and fourth-largest export market in Africa, according to Nguyen Phuc Nam, deputy head of the Asia-Africa Market Department under MoIT. The value of two-way trade has amounted to more than 1 billion USD per year between 2017 and 2021. Bilateral trade recorded a strong recovery last year, reaching nearly 1.26 billion USD, up 38.7% from 2020. In particular, Vietnam is currently one of the five largest rice exporters to Ivory Coast, accounting for an average of 30-40% of the African country's total rice import value. Source: VNA … [Read more...] about MoIT ready to help Vietnamese companies access Côte d’Ivoire market

The book provides a panoramic view of the origin of Kim Hoang folk paintings, the traditional way of producing the pictures, and the challenges in preserving and developing this traditional painting school in modern life. The book titled "Kim Hoang Folk Paintings" was jointly launched today [August 9] by the Hanoi Museum of Ceramics and the World Publisher. It was the result of the Kim Hoang Folk Painting Restoration Project led by researcher Nguyen Thi Thu Hoa, director of the museum. A Kim Hoang folk painting. Photos: Tra My The project has been implemented since 2016 with the participation of many artists, researchers, and collectors of Vietnamese folk paintings as well as artists and photographers. The book provides a panoramic view of the origin of Kim Hoang folk paintings, the traditional way of producing the pictures, and the challenges in preserving and developing this traditional painting school in modern life. According to Dr. Tran Hau Yen The, a … [Read more...] about Book on traditional Kim Hoang paintings released

Vietnamese passion fruit (Photo: VNA) Hanoi (VNA) – The Dak Lak province Department of Agriculture and Rural Development is preparing necessary conditions for the shipping of local passion fruit to China, as the fruit has been officially allowed to enter the market. The preparation includes supporting businesses and farmers in making the fruit meet related requirements. The Central Highlands province is home to 1,055ha of passion fruit, of which 884ha are yielding 14,703 tonnes annually. The planting area and production of passion fruit nationwide are continuously increasing, especially in Central Highlands localities. Currently, Vietnam grows the fruit on about 6,000ha across 46 cities and provinces with an annual output of 300,000-400,000 tonnes. With relevant negotiations beginning in 2006, the General Administration of Customs of China (GACC) agreed this year to pilot the import of Vietnamese passion fruit starting in July, making it the 10th Vietnamese fruit … [Read more...] about Dak Lak prepares for export of passion fruit to China

He also suggested the government consider simplifying immigration procedures to attract foreign tourists as Vietnam reopened after over two years of border closure, he said in a report submitted to the National Assembly Standing Committee on Tuesday. Hung also proposed extending tax cuts to tourism businesses until the end of 2023 to help them recover after the pandemic crisis. Though Vietnam reopened tourism and lifted most Covid restrictions, Hung said travel firms and those working in the tourism industry are grappling with difficulties and have not really benefited directly from current policies. The country welcomed 954,000 foreign arrivals in the first seven months this year, up nine times year-on-year. This year, Vietnam targets five million foreign tourists, around 30 percent of pre-pandemic levels. The government has allowed quarantine-free entry and resumed its pre-pandemic visa exemption policy for 24 tourism markets including Western European countries from … [Read more...] about Vietnam minister proposes visa exemption for US, European travelers

Illustrative image (Source: VNA) Can Tho (VNA) – The Department of Agriculture and Rural Development of Can Tho city held a working session with a delegation from the Dutch Embassy on August 9, during which the two sides exchanged views on the Mekong Delta’s sustainable agricultural transformation . Dr. Dang Kim Son, an expert in agricultural policy who led the Dutch delegation, noted that the Netherlands wishes to cooperate with the Mekong Delta and Can Tho city in agricultural transformation, focusing on specific agricultural products and experts. Pham Truong Yen, Deputy Director of the department, pointed out the challenges facing the Mekong Delta, including climate change, rising sea levels and saltwater intrusion, along with small-scale production and a low-quality workforce. The region needs support from the Netherlands in terms of mindset and vision, he said, adding that the Mekong Delta also hopes to learn from the country’s experience in water … [Read more...] about Netherlands helps Mekong Delta agriculture sector to adapt to climate change

In the first seven months this year, Vietnam’s total export value to the American market approximated $77 billion, equal 22 per cent jump on-year, in which exports to the US market were a bright spot reaching $66.7 billion, up 23.7 per cent on-year. Earlier, accelerated export of Vietnamese products to this market was a hallmark in 2021 reaching $114 billion in total export value, showing a 27 per cent jump on-year. Vietnam also witnessed a big export surplus with this market reaching approximately $89 billion last year. Exports to the US surpassed $96 billion in 2021, more than $21 billion compared to 2020, placing the US in the pole position among Vietnam’s export markets with export value far exceeding that of other markets such as China, the EU, ASEAN, South Korea, and Japan. Several new markets clinching free trade agreements (FTA) with Vietnam in America such as Canada and Mexico have increased imports from Vietnam. Apart from seafood and apparel, the export … [Read more...] about Exports to the Americas eye strong rebound

Hanoi - Vietnam’s GDP growth is forecast to expand 7.5 percent in 2022 and 6.7 percent in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery. At the press conference to release the report. (Photo: WB Vietnam) According to the latest economic update by World Bank (WB) for Vietnam, the country’s economy expanded 5.2 percent in Q4 of 2021, and respectively 5.1 percent and 7.7 percent in Q1 and Q2 of 2022. Inflation is projected to average 3.8 percent over the year. Carolyn Turk, WB Country Director for Vietnam, said that the bi-annual report “lays out a set of policy recommendations that could help mitigate the impact of these risks and make the economy more resilient going forward.” Titled “Taking Stock: Educate to Grow”, this edition underlines transforming the higher education system as the key to boosting the country’s productivity and achieving its development goals, in the context where the … [Read more...] about Vietnam’s economic growth forecast at 7.5 pc in 2022: World Bank

Workers wrap up and label durians. Vietnamese durians have made a name for themselves as a great-tasting fruit in many countries, but that's only the story's beginning. (Photo: baomoi.com) Hanoi (VNS/VNA) - Vietnamese durians have made a name for themselves as a great-tasting fruit for overseas consumers but still have a long way to go the maintain their position on the international scene, according to insiders. Dang Phuc Nguyen, General Secretary of the Vietnam Fruits and Vegetables Association, revealed that China , the largest importer of fresh Vietnamese durians, has allowed the fruits to be imported via official channels from July 12. However, these opportunities come with obstacles as the Chinese General Administration of Customs (CGAC) requires that Vietnamese exporting firms and growing areas register with the Vietnamese Ministry of Agriculture and Rural Development (MARD), and the registrations must be sent to CGAC for approval before the fruit can enter the … [Read more...] about Long way to go for Vietnamese durians