Local authorities will maintain inspection works at key areas, including Noi Bai International Airport, Yen Vien train station, ports, wholesale markets and shopping malls. Hanoi’s Steering Committee for Combating Smuggling, Commercial Fraud and Counterfeit Goods, known as Steering Committee 389, has announced its plan to intensify efforts to combat smuggling and trade frauds before, during and after the 2021 Lunar New Year holiday. Local authorities would maintain inspection works at key areas. Under the plan, the city’s Steering Committee 389 will enhance inspection works at key areas, including Noi Bai International Airport, Yen Vien train station, ports, wholesale markets, and shopping malls. The committee is set to mobilize personnel and resources to set up checkpoints at roads, railways, airports to prevent movement of smuggled, fake and low-quality products into the country. This is particularly important for the control of banned items or items that … [Read more...] about Hanoi intensifies efforts to combat smuggling and trade frauds ahead of Tet holiday
Celebrations for chinese new year
Ho Chi Minh City hotels waiting for int’l guests
Although Vietnam reopened its door to international tourists over a year ago, small and medium lodging facilities in Ho Chi Minh City are still struggling to recover due to the small number of international visitors. Their largest source market is China while the number of guests from the northern neighbor remains modest, forcing many hotels to use their facilities for other purposes or stop leasing spaces. Shutdown, falling room occupancy In District 1, many hotels which used to be crowded with foreign travelers are now empty or have been replaced by other businesses. On Ly Tu Trong Street, a spacious hotel is being repurposed. The hotel is in a prime site, near Ben Thanh Market, Nguyen Hue Pedestrian Street, and Le Loi Boulevard, once favored by international tourists. Many 'House for Lease' signboards can also be seen along Bui Vien Walking Street and De Tham Street with many of them being hung in front of small, one- and two-star hotels. The director of a chain of … [Read more...] about Ho Chi Minh City hotels waiting for int’l guests
Lao Cai and Yunnan provinces agree to strengthen bilateral ties
In 2022, two-way trade between Yunnan (China) and the bordering provinces of Vietnam is expected to reach US$3.25 billion. The provincial authorities of Vietnam's Lao Cai and China's Yunnan agreed on March 28 to take necessary measures to lift their comprehensive ties, especially trade. A truck that links Lao Cai and Yunnan Province passes the Kim Thanh II International Border Gate. Photo: The Hanoi Times "The comprehensive partnership between Lao Cai and Yunnan has improved tremendously in recent years, but it has not reached its full potential," said Hoang Quoc Khanh, permanent vice chairman of the Lao Cai Provincial People's Committee. Khanh suggested that Yunnan authorities further relax regulations and facilitate cross-border trade and travel between the two nations to improve bilateral relations. The Lao Cai official said Chinese authorities should restore trade and travel activities to pre-pandemic levels. He also urged the Chinese government to … [Read more...] about Lao Cai and Yunnan provinces agree to strengthen bilateral ties
Vietnam government vows to combat origin fraud
The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair trade with major partners. Illustrative photo. The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders, particularly with the enactment of new free trade agreements such as the Comprehensive Progressive Trans – Pacific Partnership (CPTPP) and the EU – Vietnam Free Trade Agreement (EVFTA) in the context of the ongoing US – China trade war, the Ministry of Industry and Trade (MoIT) said in a statement on its portal. Additionally, the resolution is expected to attract foreign investment in hi-tech projects with greater added value, helping local … [Read more...] about Vietnam government vows to combat origin fraud
Durian to make breakthrough for Viet Nam’s fruit exports
A durian farm in the southern province of Ba Ria-Vung Tau's Chau Duc District. — VNA/VNS Photo The export of Vietnamese durian to China through the official channel since September 2022 opened up new prospects for Viet Nam's fruit and vegetable industry. According to statistics from the Ministry of Agriculture and Rural Development (MARD), Viet Nam has over 100,000 ha of durian with an annual output of about 1.3 million tonnes. However, only 3,000 ha (3 per cent) of the total meet standards for export to China. The Mekong Delta province of Tien Giang and the Central Highlands province of Dak Lak have the largest durian areas meeting export standards in the country. According to the Deputy General Director of Dung Thai Son Import-Export Company, Vu Ngoc Huy, China is a large market with a strong durian consumption capacity. The firm can export 500,000 tonnes of fresh durian per year, accounting for over one-third of the total durian output of the country, Huy said. La Tran … [Read more...] about Durian to make breakthrough for Viet Nam’s fruit exports
US widens plywood trade remedy inquiry
Illustrated images. Photo: Le Toan The United States Department of Commerce (DOC) has now issued the sixth extension of the deadline to deliver final findings on the examination of evasion of anti-dumping and countervailing duties on plywood made from hardwood resources imported from Vietnam, according to the Trade Remedies Authority of Vietnam yesterday. The DOC launched a trade remedy into Vietnam's hardwood plywood goods on June 17, 2020, based on claims from the local manufacturing sector, to ensure the effectiveness of trade remedy implemented measures against China's hardwood plywood. On July 25, 2022, DOC published the preliminary results of its inquiry into the avoidance of trade remedies by Vietnamese importers of hardwood plywood. The preliminary finding of the DOC was that Vietnamese plywood with a core composed of peeled Chinese wood would be subject to the same anti-dumping and anti-subsidy taxes as Chinese plywood. Vietnam-origin plywood … [Read more...] about US widens plywood trade remedy inquiry
Quang Ninh works on air cargo transport route with Can Tho
The route, to be launched by low-cost airline Vietjet on April 25, aims to enable fastest cargo transportation between the Northern and Southern parts of the country and ease overload in the North-South road, Ky said, adding that tickets for the service have been on sale from March 9. The administrations of Quang Ninh and Can Tho will accompany and give optimal support to businesses, investors and airlines to ensure lowest transportation costs, he pledged. According to the Asian-African Market Department under the Ministry of Industry and Trade, China has included Quang Ninh's Mong Cai Border Gate in the list of sites eligible to cater to food imports into China. It is expected that the amount of food to be cleared before entering China through Mong Cai (Vietnam) - Dongxing (China) International Border Gate will reach a maximum of 200,000 tonne per year. Currently, China is a traditional market with high demand for Vietnamese agricultural and aquatic products. Notably, the Mong … [Read more...] about Quang Ninh works on air cargo transport route with Can Tho
‘Bread King’ turns his sights to gelato
For the last few weeks GoGelato in Binh Tan District has been offering ice cream for free to gather feedback for the new products. Luc, an ethnic Chinese entrepreneur who became famous in 2020 for introducing dragon fruit bread , wants to use domestic fruits as the main ingredients to make ice cream. "I started learning how to make fruit ice-cream two years ago when I saw lots of fruits remaining unsold due to oversupply." While people are tightening their purse strings now due to inflation, Luc said the food business is recession-proof and consumption would recover soon. Luc started doing business in Vietnam in 1979 and has won many international awards for his breads. His chain supplies to major brands such as Starbucks, KFC, Lotteria, Jollibee and Domino’s Pizza. The Vietnamese ice cream market grew by 7% last year to VND4.3 trillion (US$182.94 million), with the three top players, Kido Group, Unilever Vietnam and Vinamilk, dominating with a combined 64% market share, … [Read more...] about ‘Bread King’ turns his sights to gelato
Balade en France gastronomic festival – Walking in France in the heart of Hanoi
Locals and visitors to Hanoi in mid-April will be able to immerse themselves in traditional French culture and enjoy exquisite dishes, fine wines, and fresh fruits from France. Vietnam's largest French food festival - Balade en France, or Walk in France - will hold a special edition from April 14 to 16, according to the French Embassy in Vietnam. The poster of the “Balade en France” Festival 2023 This year's festival will be co-hosted by the Embassy and the Hanoi People's Committee, following the success of its two previous editions in 2018 and 2020. It will occur at the Ly Thai To Square and the surrounding area, Speaking at the press conference on March 28, Nicolas Warnery, French Ambassador to Vietnam, said that this large-scale public event is part of celebrating the 50th anniversary of French-Vietnamese diplomatic relations, showcasing French gastronomy. "To celebrate the important milestone of diplomatic relations between Vietnam and France, which … [Read more...] about Balade en France gastronomic festival – Walking in France in the heart of Hanoi
Australian Energy Mission launched in Hanoi
The Australian Government Trade and Investment Commission cooperated with the Electricity & Renewable Energy Department – Ministry of Industry and Trade of Vietnam and Vietnam Electricity Group to organise the Energy Transformation Forum 2023, held in Hanoi on March 28. Participants at the event The event was part of the Australian Energy Mission which comprises a series of activities in Hanoi and Ho Chi Minh City from March 27 - 30 to promote cooperation on renewable energy and to celebrate the 50th Anniversary of Australia and Vietnam’s diplomatic relationship. Like Vietnam, the Australian government has made a commitment to climate action, with a target of reducing greenhouse gas emissions by 43% by 2030 and to zero by 2050. The forum will discuss the energy transition of Vietnam and Australia and introduce new energy technologies and solutions from Australia. Speaking at the event, Australia’s Ambassador to Vietnam, Andrew Goledzinowski, said that … [Read more...] about Australian Energy Mission launched in Hanoi