Import export company

Hanoi (VNS/VNA) - Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect. Of which, coal was the imported commodity with the highest value of 1.45 billion USD in the first 11 months of last year, rocketing by 96.8 percent over the previous year, accounting for 35 percent of total import turnover of goods from this market. Ore and minerals ranked second, valued at 517 million USD, accounting for 12.5 percent of the total import turnover from Australia. Metal products ranked third in turnover, followed by wheat and iron and steel scrap. Two-way trade between Vietnam and Australia has changed significantly a year after the CPTPP came into effect, said the Import-Export Department under the Ministry of Industry and Trade. Accordingly, the trade balance has shifted from a trade surplus to a trade deficit. Vietnam had a trade surplus with Australia … [Read more...] about Vietnam increases coal, ore and mineral imports

VN firm ships 500 tonnes of molasses to Australia Thanh Thanh Cong Trading Joint Stock Company, a member of the Thanh Thanh Cong Group, has exported 500 tonnes of molasses to Australia to help alleviate a shortfall across Queensland state caused by an ongoing drought. … [Read more...] about Vietnam increases coal, ore and mineral imports from Australia

The FSIS released its final rule establishing an inspection program for fish under the order Siluriformes, including catfish. The final rule, which applies to both domestically-raised and imported Siluriformes fish, was developed in order to implement provisions required by the 2014 Farm Bill. The rule became effective in March 2016, beginning an 18-month transitional implementation period for both domestic and international producers. To continue exporting catfish, mostly Tra fish, to the US, Vietnam had to build and organize its inspection system equivalent to the US one in terms of three criteria, namely the legal system on food quality and safety control; the law enforcement capacity of authorized agencies; and conditions for ensuring food safety and hygiene during the whole process from fry production, farming, transportation, processing to export to the US. … [Read more...] about US greenlights raw catfish imports from Vietnam

Tran Minh Tien, 32, who runs a company in Long An Province that produces straws made from the Lepironia articulate grass, said these cannot be a permanent fix given the limited supply of the grass in Vietnam. As demand increases, Tien said he has to be careful about how fast he can expand his operations. … [Read more...] about Childhood memories trigger a straw revolution

Japanese Foreign Minister Toshimitsu Motegi said after a meeting with his US and South Korean counterparts, Mike Pompeo and Kang Kyung Wha, that they agreed economic sanctions on the North should not be lifted yet in the absence of any progress in denuclearisation. … [Read more...] about Japan, US, S. Korea push for N. Korea denuclearisation