Britto seafood exports pvt ltd

In 2020, bilateral trade hit US$3.2 billion - 13 times more than in 2010 and particularly impressive in the context of the Covid-19 pandemic. Austria continues to be a top-10 European importer of Vietnamese goods. Austria has 37 investment projects totaling US$150 million in capital in Vietnam, mainly in the fields of manufacturing and processing, and science and technology. According to the Government of Vietnam, although they have been growing well, bilateral trade and economic relations remain incommensurate with the potential. Farm produce and seafood are among key Vietnamese exports to the EU in general and Austria in particular Vietnam proposed an exchange of information about investment policies, especially in priority areas for bilateral cooperation, such as clean energy, infrastructure, telecommunications, digital economy, and biotechnology application. Vietnamese and Austrian authorities should encourage bilateral trade and investment flows based …

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Vietnam currently makes up 1% of total EU imports of vegetables and fruits. Vietnam is in need of a national strategy for exporting vegetables and fruits to the EU so that the country could better take advantage of the EU – Vietnam Free Trade Agreement (EVFTA) and gain greater shares in this important market. Overview of the online conference. Photo: Hai Yen Minister of Agricultural and Rural Development Le Minh Hoan gave the remarks at an online conference discussing the prospects of exporting vegetables and fruits from Vietnam to the EU today [October 26]. According to Hoan, every year, the EU imports around US$40 billion in vegetables and fruits, in which Vietnam makes up less than 1% of that figure. “Such a number remains modest given the fact that Vietnam has already had in place a trade deal with the EU compared to other major exporters of farm produce in Asia, in Latin America or Africa,” Hoan added. The minister suggested a long-term strategy …

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Illustrative photo (Source: VNA) Algiers (VNA) – The Vietnamese Embassy in Algeria and the local Centre for Research in Applied Economics in Development (CREAD) have organised a seminar on Vietnam’s economy and foreign trade in both online and face-to-face forms. The event took place on October 25, gathering about 50 participants, including economic researchers from the CREAD and representatives of Algerian ministries of trade, industry and finance. Vietnamese Trade Counselor in Algeria Hoang Duc Nhuan gave participants an overview of Vietnam’s socio-economic development and achievements since the country began its "Doi Moi" (Reform) process in 1986. According to the diplomat, the size of the economy raised from 6.3 billion USD in 1989 to 268.4 billion USD in 2020. Meanwhile, the average annual per capita income increased from 159 USD in 1985 to2,786 USD . Although in 2020, it was heavily affected by the COVID-19 epidemic, Vietnam's GDP growth rate was still …

[Read more...] about Seminar spotlights Vietnam’s economy, foreign trade in Algeria

Of all 13 Mekong Delta localities, An Giang has seen the fastest increase in the number of new Covid-19 cases at 1,481 in the past week. This is a surge of 170 percent over the previous week. Of the new cases, 407 were community cases, meaning the sources of infection could not be immediately traced. Among 65,000 migrant workers returning home to An Giang from Ho Chi Minh City and its neighboring provinces of Binh Duong, Dong Nai and Long An since early this month, 1,034 have been confirmed infected with the novel coronavirus. "Most worrisome are those who have returned, but skipped the health declaration process. The province is mobilizing forces to detect these cases as soon as possible," said An Giang Chairman Nguyen Thanh Binh. With the Covid-19 outbreak deemed under control in the industrial hubs of HCMC and its neighbors, all localities hard hit by the latest wave, social distancing measures were eased early October, triggering a reverse migration of workers returning to …

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10-month FDI disbursement reduced slightly due to the pandemic In the first 10 months, foreign direct investment (FDI) disbursement reached $15.15 billion, a decrease of 4.1 per cent on-year, and only 0.6 percentage points more than in the first nine months, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. The pandemic and social distancing have almost completely halted production and business activities across the country. However, the health crisis is being contained and enterprises are receiving ample support to adapt to the new normal, it added. "Businesses are resuming their activities, and FDI disbursement in the last months of the year is expected to rise," said a representative of the FIA. In general, total FDI inflows into Vietnam during the first 10 months of the year rose by 1.1 per cent on-year to $23.74 billion. As of October 20, $13 billion was poured into 1,375 newly-licensed projects, down 34.5 per cent in the …

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Hanoi authorities often meet with the business community in order to find solutions to smooth the way for further investment Hoa Lac High-tech Park is now working with a number of domestic and international technology groups who eye potential growth in the local market. “Several businesses from Europe, South Korea, and Japan, are working with us on the possibilities of investing in our park. Being an innovation area with developed infrastructure, preferential investment incentives, one-door policy and other advantages, we are ready to welcome more investors,” Luu Hoang Long, president of Hoa Lac Hi-Tech Park Management Board, told VIR. Technology is one of Hanoi’s target sectors for its development orientations. The capital wants to focus on renovation of the growth model and restructure its economy towards sci-tech application and innovations. Hanoi plans to develop its digital and IT infrastructure to create a foundation for the development of a digital economy and society. …

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Around 150,000 workers who left HCM City amid the COVID-19 pandemic have come back to work, but city businesses still need many more to return to normalcy. — Photo vtc.vn Cuu Long (Mekong) Delta provinces, HCM City and Binh Duong Province will organise a job fair for workers who returned to their hometowns to escape the COVID-19 outbreak. It will be held at permanent employment recruitment services in provinces and cities and online via Zoom from 8am to 12am on Friday. Vo Thanh Quang, director of the Soc Trang Province Department of Labour, Invalids, and Social Affairs, said nearly 50,000 people have returned after losing their jobs during lockdowns in Binh Duong and Dong Nai provinces and HCM City, but the demand from enterprises in the province is only for around 3,000 workers. According to the Ministry of Labour, Invalids and Social Affairs’ Department of Employment, only 60-70 per cent of returnees will go back to work in the southern provinces and cities, which will …

[Read more...] about HCM City, industrial provinces seek ways to get COVID returnees back

The plan seeks to increase understanding of the ASEAN Community among all classes of people, boost regional cooperation, create consensus and gain the trust and support of the people. It also seeks to instil the sense of "Thinking Community, Acting Community," motivating people to participate, contribute to and benefit from the process of integration and building the ASEAN Community. This, in turn, will orient people to actively study, strive to achieve and meet necessary conditions to seize opportunities for development that arise from being part of the ASEAN Community. Dong Nai, an attractive destination for investors from ASEAN The program’s content will closely follow the ASEAN theme year by year as well as the bloc’s activities on the three pillars of Politics - Security, Economics and Culture – Society. It will also highlight Vietnam's contributions in building the ASEAN Community and strengthening the bloc’s regional and international position. …

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