Horasis global china business meeting

The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively. Cashew nut exports to the US market declined by 10.1 percent in volume and 30.5 percent in value over the same period last year. Cashew nut exports to the EU market surged by 14 percent in volume but dropped by 21.2 percent in value. Cashew nut exports to China jumped by 136.4 percent in volume and 140.2 percent in value. Meanwhile, Vietnamese cashew processing enterprises imported 480,000 tons of raw cashew in April, spending up to $772 million, a sharp increase of 375 percent in volume and 470.5 percent in value compared to that in April last year. In the first four months of this year, Vietnam imported a total of 1.19 million tons of raw cashew, with a value of up to $1.88 billion, up 300 percent in volume and 323.5 percent in value over the same period last year. … [Read more...] about Vietnamese cashew industry sees trade deficit for the first time

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

That statement was made by Dr. Tran Cong Truc, former head of the Government Border Committee. An international comprehensive legal document On April 30, 1982, the third U.N. Conference on the Law of the Sea passed a new convention named The United Nations Convention on the Law of the Sea (UNCLOS) 1982. On June 23, 1994, Vietnam was one of the first countries in the world to ratify the convention and became a member of UNCLOS. According to Dr. Tran Cong Truc, UNCLOS 1982 was built on the basis of “whole package,” including all aspects related to the law of the sea. This is a comprehensive international legal document that consists of all the most important legal contents and practices in reality concerning seas and oceans. The most important part of the convention is that it devises a united measure of defining waters and continental shelf under the sovereignty and sovereign and jurisdiction rights of coastal countries. The convention also defines clearly the rights and … [Read more...] about Part 1: A fair look into UNCLOS 1982 needed

Emirates is now increasing its frequency daily from Ha Noi and six times weekly from HCM City to Dubai and beyond. — Photo courtesy of Emirates Travellers from Viet Nam headed to Europe and the US this summer can enjoy more connectivity, flexibility and choices as Emirates is adding more frequency from both Ha Noi (HAN) and HCM City (SGN) starting from June 24, 2022. Since Viet Nam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from HCM City and Ha Noi, offering travellers from Viet Nam more convenience as well as a safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from June 24, Emirates will boost its frequency from Ha Noi to daily flights. From June 24 to 30, Emirates flight EK394 will depart Dubai at 3:30am, arriving in Ha Noi at 1:15pm, while on its return leg, Emirates flight EK395 will depart Ha Noi at 12:25am, arriving in Dubai at 4 … [Read more...] about Emirates adds more flights from Viet Nam

She said that Vietnam and Hungary have shared a 72-year partnership and traditional cooperation in all fields including education-training, law and justice, culture, sports, and people-to-people exchanges. The diplomat noted that Hungary considers Vietnam an important partner in Southeast Asia, and the two countries lifted their ties to a comprehensive partnership in September 2018. The parliaments of the two countries have also kept a good relationship with regular meetings and exchanges at all levels, while showing close and effective cooperation and mutual support at multilateral parliamentarian forums, she said. According to Ambassador Thao, the Vietnamese top legislator's visit will be a chance for senior leaders of Vietnam and Hungary to reaffirm their political commitments in continuing to promote the bilateral partnership, contributing to the economic recovery and sustainable development after COVID-19 in each country, while strengthening collaboration in global issues … [Read more...] about N.A. Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador