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Exporting new cars to china

/ February 27, 2021

Vietnamese salangane nests headed for China

A swift’s-nest farming place in Kiên Giang Province. — VNS Photo Văn Châu HCM CITY — Việt Nam's bird-nest exports are expected to be worth hundreds of millions of dollars when the world's largest market, China, opens up this year. Chinese demand for bird’s nest is growing, but Vietnamese firms need to take new measures to officially export to that country rather than involve in informal border trade, the Ministry of Agricultural and Rural Development (MARD) said. Đỗ Tú Quân, head of the Việt Nam Swiftlet Farming Association, said Vietnamese exporters hope the two countries would quickly reach agreement and the first order to China could be delivered this quarter. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến said the industry has been developing rapidly in the country, mostly in the south, but the unofficial border trade has been resulting in low value and profits. There are 20,000 nests farmed in 42 of the country’s 63 provinces and cities with approximately 120 tonnes worth US$450 million harvested annually, according to Tiến. But exports to China account for only 8 per cent. China banned import of bird’s nests of unclear origin from Việt Nam in 2011 following a fake products scandal. It lifted the ban in 2015 and replaced it with tough rules aimed at improving safety and traceability. Malaysia, Indonesia and Thailand have all completed legal procedures to export bird’s nest to China, but Việt Nam cannot export officially due to several reasons, including the lack of quality standards for the product and export standards. In recent years MARD has sought to promote exports to foreign markets, including China. Due to the impact of the COVID-19 pandemic, negotiations to export the product to China have mainly been conducted through online meetings but are almost complete, deputy director of MARD's department of livestock breeding, Nguyễn Văn Trọng, said. Many swift breeding places are unhygienic, …

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/ February 26, 2021

Mutual merit in Australian investment

Dr. Craig Emerson, director of the Australian APEC Study Centre Vietnam’s success in containing COVID-19 with minimal economic fallout compared to other nations has improved its already-strong reputation for competent governance. The government has been liberalising Vietnam’s economy for decades and is now reaping the benefits of rapid growth. Vietnam has stood to gain from the recent US-China trade conflict with many companies relocating at least some of their production facilities there. Vietnam is also rapidly adopting digital technologies to deploy automation, smart manufacturing, and big data analytics. Competent economic management, consistent reforms, swift digital uptake, and effective COVID-19 containment make Vietnam a very attractive destination for trade and investment in 2021 and beyond. Economically, Vietnam is becoming a manufacturing powerhouse, particularly for electronics and apparel. It is also becoming a focal point for regional value chains with preferential access through free trade agreements (FTAs). It has taken up trade deal commitments and accepted assistance to develop the institutional and regulatory environment, infrastructure, and facilitation to attract investment. The country is also actively working on non-tariff barriers to trade including intellectual property protection, food safety regulations, restrictions on the internet and digital economy, and other governance issues to accelerate the absorption of investment. Vietnam needs to be considered in terms of its unique qualities and context. It is following its own development path in a new time, with different conditions, drivers, and realities. Comparisons can be made to Japan with its appreciation of tradition; to Singapore with its open trade policies and architecture; China’s southern Guangdong province in population scale and economic activity; and Indonesia in terms of benefits from a demographic dividend. Vietnam has a web of FTAs that make it a strategic …

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/ February 18, 2021

Developing value chains for agricultural products

Many effective models According to the Department of Agriculture and Rural Development of Bac Lieu Province, through the process of agricultural restructuring, many models of the linking value chains in the production, processing and consumption of agricultural products have been formed, bringing high economic efficiency. Currently, the province’s many companies and units of shrimp farming in the form of a closed value chain were recognised as agricultural enterprises applying high technology or certified by international standards of aquaculture such as GlobalGAP, BAP, ASC, and Organic. In addition, the province has steadily developed the rice industry following a large production model, joining the value chain, with rice output increased from 1.066 million tonnes in 2015 to 1.15 million tonnes by 2020. In Hai Duong, the agricultural sector has also been promoting the formation of value chains for agricultural products. Accordingly, the province has been focusing on building agricultural production zones for export processing, high-tech agricultural zones, and expanding production scale according to the GAP assessment process. Up to now, the whole province has 335 hectares of organic rice, 114 rice-growing models of "one zone, one variety, one time", with the minimum scale of 30 hectares per zone. Specialised vegetable growing areas with high efficiency continue to be maintained and expanded. Thanks to production in value chains in 2020, many agricultural products of the province will be exported through official channels to high quality markets, such as: lychee, longan exported to Japan and the US; carrots to the Republic of Korea (ROK), Japan, and Middle Eastern countries; cabbage to the ROK and Japan; pickled cucumbers to Russia and the ROK; and onion and garlic to Malaysia. Meanwhile, according to the Hung Yen Provincial Department of Agriculture and Rural Development, the province has successfully implemented the project "Building and developing models …

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