Illustrative image (Photo: VNA) Hanoi (VNA) - Post-pandemic robust rebound in the American market has ushered in multiple opportunities for Vietnam to expand its export of key products, according to the Ministry of Industry and Trade. Vietnam in America such as Canada and Mexico have also increased imports from the Southeast Asian nation. According to the MoIT, handsets, computers, and electronic items hold the largest proportion in Vietnam’s export structure to the American market, reaching 43.3%; followed by textile, apparel, and footwear products with 25%; wood and wooden items with 8%; and agricultural and agro-aquatic product s with 4%. VNA … [Read more...] about Vietnam’s export to American market sees sharp rebound
Chavez market blossom hill
Hotel Equatorial markets Full Moon Reunion mooncake selection
The mooncake selection “Full Moon Reunion” is available for sale at Etc.Counter on the Equatorial’s ground floor. — VNS Photo. The Mid-Autumn Festival has always been very important in the hearts of Vietnamese people. Families often reunite and celebrate the full moon day of autumn by having dinner, mooncakes and tea. That's why the Mid-Autumn Festival is also known as the reunion festival. A family full of members on this day is believed to be extremely lucky. Equatorial hereby introduces a selection of mooncakes with the theme “Full Moon Reunion” as its blessing to Vietnamese families "On the fullest moon day of the year, let's be with family and friends to celebrate together, show our love and retain lots of good memories.” This year, Equatorial debuts new luxurious box designs versions in eye-catching red and yellow colours, featuring authentic mooncakes with traditional flavor selections. Equatorial mooncakes are made with a traditional recipe, mixed with many new … [Read more...] about Hotel Equatorial markets Full Moon Reunion mooncake selection
Hanoi and Hoa Binh join hands to promote agro-produce sale
Many programs, fairs, and forums hosted by the city have helped enhance the connection between farmers and hospitality businesses. A conference on ensuring food safety and improving the quality of agro-forestry-fishery products in the 2021-2025 period was held within the framework of cooperation between Hanoi and the northern province of Hoa Binh to promote the consumption of safe agricultural products. Hoa Binh Province's specialties are on display at a trade fair in Hanoi. Photo: TTXVN Nguyen Ngoc Son, the deputy director of Hanoi's Department of Agriculture and Rural Development, told The Hanoi Times that the northern province needs to better implement quality management, food security, and technological cooperation plans and programs, as well as develop the supply chain of safe agricultural products and food for the capital city. He stressed that the province should strengthen large-scale production and deploy high-tech and sustainable production … [Read more...] about Hanoi and Hoa Binh join hands to promote agro-produce sale
Vietnam’s exports to EU increase robustly
Currently, Vietnam's export products are available in most markets in the EU and have recorded good growth, focusing strongly on products such as textiles, footwear, coffee, seafood, vegetables and fruits, black pepper, and rice. Among these, coffee posted the strongest growth, with an increase of 75.2 percent, followed by seafood and black pepper, with 42.1 percent and 43.9 percent, respectively, over the same period last year. According to experts, the EU-Vietnam Free Trade Agreement (EVFTA), which took effect from August 2020, has created leverage to promote two-way trade between Vietnam and the EU, significantly helping Vietnamese goods improve competitiveness and expand market share in the EU market. On August 11, the Vietnam Chamber of Commerce and Industry - Ho Chi Minh City Branch (VCCI-HCM) coordinated with Polish departments in HCMC to organize the Vietnam - Poland Trade Exchange. A representative of VCCI-HCM said that in 2021, the two-way trade turnover between Vietnam … [Read more...] about Vietnam’s exports to EU increase robustly
Hanoi promotes industrial infrastructure development for sustainable growth
The capital city is committed to accompanying the business community in promoting industrial products using advanced and environmentally friendly technologies with high-added value. Hanoi is pushing for the development of industrial infrastructure and key industrial products, seen as the driving force for the capital city’s sustainable economic growth. Thang Long Industrial Park in Dong Anh District, Hanoi. File photo During the first six months of 2022, the municipal Department of Industry and Trade started the construction of six industrial parks and is working on accelerating 38 other projects in the city. For the 2021-2025 period, Hanoi aims for supporting industries to make up 30% of the total value of industrial production, an increase of 5% from the current level; raise the value of key industrial products to 40-45% of total industrial production, and expects 10% of businesses in Hanoi to stay among Vietnam’s top 500 companies. To realize this goal, … [Read more...] about Hanoi promotes industrial infrastructure development for sustainable growth
Vietnamese images shine in two international songs
The music video, named Waiting for you-5000 years, aims to introduce beautiful images of Vietnamese people to international friends, including the RoK. The video was recorded from May 17 to July 12 in 19 provinces and cities of Vietnam such as Hanoi, Trang An (Ninh Binh), Tam Chuc (Ha Nam), Ba Be (Bac Kan), Ha Long (Quang Ninh), Ho Chi Minh City, Mui Ne (Binh Thuan), Sa Pa (Lao Cai), Da Nang, Hoi An (Quang Nam). In response to the 30th anniversary of Vietnam - RoK diplomatic ties, Joseph Kwon introduced two songs Butterfly flakes and Waiting for you-5000 years . Of which, Butterfly flakes will be released in Ho Chi Minh City in the near future. Joseph Kwon is a multi-talented artist. He works as a musician, composer, singer, and producer in the RoK and the K-pop market. He is also known as one of the music therapists of the Well Hospital Voice Center and SBS Choir Radio Conductor. Joseph Kwon said that his love for Vietnam is very natural. When he was still a child, he fell … [Read more...] about Vietnamese images shine in two international songs
Hoa Binh province’s longan exported to E.U.
Nguyen Hong Yen, head of the plant protection division under the provincial Department of Agriculture and Rural Development, said local farmers have followed technical requirements set for fresh vegetables and fruits by the E.U. since 2019. The tropical fruit has been grown in Xuan Thuy commune (formerly Son Thuy) since 1989 and its area now reaches nearly 200 hectares. According to the department, Son Thuy longan was the first product of Hoa Binh to be granted with the production unit code (PUC) in 2019, which has enabled the fruit to enter international markets, including the E.U., through official channels. Following the first one tonne of longan, the department and FUSA Organic Agriculture JSC plan to conduct more shipments, reaching the target of 50 tonnes this year. Source: VNA … [Read more...] about Hoa Binh province’s longan exported to E.U.
Vietnam mulls ways to boost inbound travel
Foreign tourists visit the Independence Palace in HCM City on August 8. (Photo: VNA) HCM City (VNS/VNA) - Strict visa policies and a shortage of human resources and infrastructure in the tourism sector have stymied recovery of the travel industry, and the target of five million international arrivals this year could be out of reach, industry players have warned. Domestic travel has seen a strong rebound whereas international tourism, with a target of five million arrivals this year, remains in a slump, said Vu The Binh, Chairman of the Vietnam Tourism Association. Domestic visitor numbers topped 71.1 million in just the first seven months of this year against a full-year target of 60 million, he said. In the same period there were only 733,000 international visitors, or 8% of pre-pandemic numbers, he told a two-day programme titled ‘Lien Ket Suc Manh Du Lich Vietnam Nam 2022’ (Power of Vietnam Tourism Linkages) that ended in Ho Chi Minh City on August 9. Though … [Read more...] about Vietnam mulls ways to boost inbound travel
Petrol prices further down
Fuel prices were reduced in the latest review on August 11 by the Ministry of Industry and Trade and the Ministry of Finance, the fifth consecutive time and the fourth significant drop. Petrolimex gas station prepares for the listing of new petrol prices. (Photo: VNA) Starting from 3:00pm, the retail price of E5RON92 bio-fuel slid by 904 VND to a maximum of 23,725 VND per litre, while that of RON95-III was cut by 939 VND to 24,669 VND per litre. Diesel fetched 22,908 VND per litre, a decline of 1,000 VND; and kerosene, 23,320 VND per litre, down 1,213 VND. The price of Mazut 180CST 3.5S remains unchanged at no more than 16,548 VND per kg. The two ministries also determined to extract 350 – 750 VND per litre from fuel prices for the petrol price stabilisation fund. They review fuel prices every 15 days to adjust the prices in accordance with fluctuations on the world market. … [Read more...] about Petrol prices further down
Kredivo and VietCredit provide “Buy Now Pay Later” service on Sendo
Kredivo, one of the most valuable fintech unicorn in Southeast Asia, has been established in Vietnam since August 2021 through the partnership with VietCredit JSC. Sendo is one of the leading e-commerce platforms of Vietnam, serving millions of customers and sellers in Vietnam every month. This partnership takes Kredivo to the next level in its business journey in Vietnam. With the simplicity of just 2-clicks, Sendo’s customers will be able to seamlessly checkout via Kredivo while allowing these customers to repay in 30 days at 0% or over 3, 6 and 12 months. During the registration process, customers can sign up through the mobile application, and get approval by VietCredit for a credit limit of up to 25 million VND in nearly real-time. Krishnadas, SVP Business Development of Kredivo, said, “Kredivo aims at solving customers' needs to access fast and affordable credit, while also supporting merchants in driving higher Gross Merchandise Value. We are delighted to partner … [Read more...] about Kredivo and VietCredit provide “Buy Now Pay Later” service on Sendo