The first direct link between the two countries and cities aims to cater to increasing travel demands, said William Boulter, chief commercial officer of Indigo, the largest airline in India which accounts for nearly 50 percent of domestic market share. Vietnam is one of the world’s emerging tourist destinations. As such, the carrier is considering taking more Indian tourists to the Southeast Asian country in the near future, Boulter said at a ceremony organized by Vietnam’s Ambassador to India Pham Sanh Chau in New Delhi on Wednesday. Kolkata is the capital of West Bengal, India's fourth-most populous state. The number of Indian tourists to Vietnam remained low compared to other Asian countries such as China and South Korea, with only 130,000 arrivals in 2018, surging 30 percent year-on-year. China and South Korea are Vietnam's top feeder markets with 4.9 million and 3.4 million visitors last year respectively. Vietnam first allowed foreign tourists to apply … [Read more...] about Indian carrier plans direct flight from Kolkata to Hanoi
Export rice from india to usa
Is Minh Phu evading anti dumping duties on shrimp from India?
Facing accusations of evading anti-dumping duties in the US, Minh Phu Seafood JSC officially stated that it has imported about 10 per cent of the group’s raw materials from India, which is not enough to say that it is going around US tariffs. Minh Phu is facing charges of tariff evasion in the US Republican representative from Illinois, Darin LaHood sent a letter to the Customs and Border Protection (CBP) commissioner Kevin McAleenan requesting an investigation into allegations that Vietnam’s Minh Phu Seafood is possibly evading anti-dumping duties on shrimp from India. “An e-allegation was filed with the US CBP on May 12, 2019, under case reference No.e559A512201919. Based on the information contained in this case, I request that the CBP investigate whether a US importer and its related companies in Vietnam are evading anti-dumping duties on shrimp from India. The information also suggests that these companies may be in violation of the US Seafood Import … [Read more...] about Is Minh Phu evading anti dumping duties on shrimp from India?
VN rice industry needs to establish value chains
Rice stocked at a food processing company in Tan Hong District, Dong Thap Province. Rice prices inched up in recent days thanks to rescue efforts by the Government. — VNA/VNS Photo Nguyen Van Tri After the Government took steps to prevent rice prices from falling in February, prices have started to inch up in the Cuu Long (Mekong) Delta – the granary of Viet Nam – though not by much. Still, the Government’s purchase of rice to stock reserves was a temporary solution. The rice industry requires more radical and sustainable solutions like establishing value chains. Following a requirement of the State Bank of Viet Nam in early March, several commercial banks provided loans with three to six month terms at preferential rates of 6 per cent to enterprises so they could buy rice from farmers. This helped push up prices in region by around VND200-300 per kilo. Nguyen Ngoc Nam, president of the Viet Nam Food Association, the difficulty now was seeking markets for rice … [Read more...] about VN rice industry needs to establish value chains
Việt Nam helds international conference on export rice
The World Rice Conference is an important opportunity for Vietnamese businesses to meet and seek partners in trading rice and to advertise Vietnamese rice products. — Photo baodautu.vnViet Nam News HÀ NỘI — The Ministry of Industry and Trade will host an international conference on Vietnamese rice in Hà Nội on October 10. The conference will be held on the sidelines of the Rice Trader (TRT) World Rice Conference in 2018, the world’s premier rice trade conference, which will be held from October 10-12, 2018 in Hà Nội. The conference is an important opportunity for Vietnamese businesses to meet and seek partners in trading rice and to advertise Vietnamese rice products, according to the ministry. In addition, the conference will bring solutions to Vietnamese rice exporters to improve the competitiveness of their products against those of Thailand, India or Cambodia, aiming at maintaining the market shares of Vietnamese rice in … [Read more...] about Việt Nam helds international conference on export rice
India to hold fiber exhibition
Viet Nam News HCM CITY – Source India 2018, India’s largest manmade fiber exhibition, is expected to provide opportunities for Vietnamese textile firms to network and strengthen business relationships, Shri P. Harish, Ambassador of India to Việt Nam, said at a business meeting yesterday in HCM City. The event, to be held in Surat, India from September 21-23, is expected to attract the participation of around 200 international suppliers of man-made fiber and 200 global buyers in the textile and garment industry, according to India’s Synthetic & Rayon Textiles Export Promotion Council. Exports of cotton, fabric, yarn and other textile materials from India to Việt Nam in 2017 was around US$550 million, Harish said. He said that Indian textile companies are capable of satisfying Việt Nam’s demand for textiles and urged India’s export promotion council to increase material exports to Việt Nam. “This would also meet a … [Read more...] about India to hold fiber exhibition