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/ February 27, 2021

Fresh dawn kindles for US-Vietnam relationship

Projects such as Bunge’s agribusiness are expected to increase in number through stronger US ties. Photo: Le Toan In his first few days in office five years ago, President Donald Trump withdrew from the Trans-Pacific Partnership, which was a pillar of the Barack Obama administration’s pivot towards Asia. The remaining 11 member states have since reframed the agreement as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and President Joe Biden’s commitment to rebuilding relations with allies has sparked speculation about the US returning to the fold. Fitch Solutions under global ratings firm Fitch Group told VIR in a statement that Vietnamese trade would receive a surefire boost should new Biden decide to rejoin the CPTPP. “Biden stated in 2019 that the US should renegotiate parts of the CPTPP and re-assemble a coalition to counterbalance China’s perceived expansionist policies. The Trump administration withdrew from the original deal in 2017 under the pretext that it would harm US workers. A scenario where the US rejoins the CPTPP would deliver substantial tailwinds to Vietnamese exports to the US from lower tariffs in major export categories,” Fitch said. In fact, the CPTPP may offer great windfalls to the US. Statistics from law firm Duane Morris Vietnam LLC showed that the population of the CPTPP countries exceeded 513 million people as of October 2020. The CPTPP countries account for nearly 45 per cent of US total exports and 37.6 per cent of US general imports in 2014. By cutting over 18,000 taxes in regards to CPTPP, there would be a great benefit for American importers and exporters by enabling them to enter new markets. As the United States International Trade Commission estimates, the US exports of goods and services to the world would expand by $27.2 billion by 2032 thanks to the CPTPP, while US imports would expand by $48.9 billion. Oliver Massmann, general director of Duane Morris Vietnam LLC, pointed out …

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/ August 2, 2021

VIETNAM BUSINESS NEWS FEBRUARY 8

Flower growers look to online sales amid COVID-19 resurgence Workers at a flower farm in Da Lat City. Traditionally, city dwellers shop for flowers and botanicals at flower markets to fill their home with the most cheerful blooms to celebrate the new year. But many flower growers said that flower markets were not busy this year, leaving them with an oversupply. Nguyen Duy, a flower farm owner in Da Lat City, said that COVID-19 outbreaks in many localities would likely affect people's purchasing power for flowers ahead of Tet festival. Thuy Vu, director of the The Gioi Hoa Tuoi JSC, a wholesale supplier of flowers, said it would not focus on retail sales for the Tet festival this year due to market uncertainty. Nguyen Thi Ngoc Lan, a flower vendor at Ho Thi Ky flower market in HCM City, said flowers stockpiled for the Tet market this year were not as numerous as last year due to concerns over weak purchasing power. Purchasing orders with flower farms are expected to change in the next few days depending on the control of COVID-19, Lan said. Flower farms in Da Lat City have seen a 55 per cent drop in orders from wholesale markets in other cities and provinces, according to a survey of the Da Lat City People’s Committee. The committee, however, has reported a boom in online sales of agricultural produce, flowers and botanicals ahead of Tet. It advised farms to use bank transfer payments for retail orders and to sign contracts with merchants for wholesale orders to ensure the success of online deals. Livestreams Shoppers can find various types of flowers from flower farms and merchants on online shopping platforms. Nguyen Thi Bich Thuy from Biofresh Company in Da Lat City has hosted livestreams via Facebook to guide viewers through different types of flowers and plants available on the farm. Amid the pandemic, live commerce has helped promote and sell products, and engaged potential shoppers, Thuy said. Tran Van Tam, a flower grower in Da Lat …

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/ February 8, 2021

Ukiyoto Publishing (Singapore) Starts Year 2021 with Mega Thrillers & Bestsellers

SINGAPORE - Media OutReach - 8 February 2021 - Ukiyoto Singapore Pte Ltd. starts out the year 2021 with exciting releases ranging across mystery thrillers, memoirs, biographies and culinary reviews. With its focus on literary activities in Asia, this season of Litteratura, The Literary Magazine slated for release end Feb'21 covers few of the best authors and writers from Philippines, Malaysia, Singapore and India.In Q3 FY20-21, Ukiyoto had tied up with a chain of mega bookstores such as Kinokuniya, MPH, Times, LitBook Cafe via distributor Gerakbudaya in Malaysia to source books for placement at their stores. Several outdoor activities such as book launch, book reading, award ceremonies and others are planned in the second half of 2021 based on government decisions with regards the pandemic.To mark the Chinese New Year 2021, an online live Panel Discussion is scheduled on 14th Feb, 12:30pm PHT on the topic, "Scope of Literature in Asia post Pandemic". The panel comprises writers from Philippines -- Lia de Jesus, Nicole Narvato, Karmela Mirriam Ebreo and Anne Marla moderated by best selling author, Shrutidhora P Mohor from India.Christine Musa, author from Philippines says, "My book entitled, 'I Escaped the Narcissist: Memoirs of an Empath Supernova' was the very first ever published book that I have, all thanks to Ukiyoto Publishing for making my dream of becoming a published author finally come true!Christine's future plans as a published author is to produce more content which are focused around having a peaceful life away from any form of abuse and a truthful life away from any pretentions driven by the desire to have a picture-perfect ideal life.Karmela Mirriam Ebreo, a Filipina by blood and birth is a lawyer by profession and a blogger by passion. An active member of Soroptimist International, a global volunteer organization working to economically empower women and girls, she started Mirriam Dictionary back in 2009 when she was about to graduate …

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