Goods for export at the Tan Cang-Cat Lai Port in HCM City. Vietnam's exports to India topped 7.96 billion USD in 2022, up 26.8% year-on-year. (Photo: VNA) Hanoi (VNS/VNA) - Two-way trade between Vietnam and India saw a yearly increase of 13.6% to 15.05 billion USD in 2022, statistics from the General Department of Customs showed. During the year, Vietnam’s exports to India topped 7.96 billion USD, up 26.8% year-on-year. Among its export items, mobile phones and accessories posted the highest turnover with 1.52 billion USD, up 18.4%, making up nearly 20% of the total export value. Computers, electronics and parts came next with 1.03 billion USD, up 25%, or 13%, while machinery and equipment ranked third with 804 million USD or over 10%. Other staples with the highest value increase were coffee with 165%; iron and steel (97%) and footwear (96%). Some items, however, posted large decreases in export value, such as animal feed and raw materials with 23.04 million USD, down … [Read more...] about Vietnam’s trade with India hits record in 2022
Licenses required for events in india
Businesses exporting medicinal herbs to China required to register
Trucks carrying products for export to China pass through Kim Thanh International Land Border Gate No. 2 in the northern province of Lao Cai. (Photo: VNA) Hanoi (VNA) – Vietnamese businesses which want to export medicinal herbs to China must submit information about growing areas and packaging establishments to the provincial Departments of Agriculture and Rural Development. The departments were required to report to the Plant Protection Department under the Ministry of Agriculture and Rural Development by April 15, 2023. The Vietnamese authority will the work with the General Administration of Customs of China (GACC) to grant export licences to eligible exporters. According to the Plant Protection Department, GACC has informed it about China’s plan to review the supervision system for exported medicinal herb s and the registration of enterprises which produce, process and preserve medicinal herbs for export to China. To meet the requirements of the Chinese side … [Read more...] about Businesses exporting medicinal herbs to China required to register
Maritime economy to be boosted in North-central and Central coastal region
Dong said that the conference aims to launch the Government’s action program to implement the Politburo’s Resolution 26-NQ/TW on the orientations for socio-economic development and security - defense protection of the region to 2030 with a vision to 2045, and attract investment to the region. According to the official, the conference is also designed to call for the engagement of investors, domestic and foreign business associations and partners in major investment projects and programs in the region. Deputy Minister Dong underlined that the event has a significant importance to the development of the region which has a special strategic role in economy, politics, culture, society, environment, defense, security and foreign relations of the country, especially the national strategy on the sustainable maritime economic development. An investment promotion conference will be held in parallel with the event, aiming to mobilize resources for infrastructure development in the region … [Read more...] about Maritime economy to be boosted in North-central and Central coastal region
Durian export to China: long-term vision needed
A protocol between Vietnam and China stipulates the management of fruit growing areas, packaging, inspection and quarantine for Vietnamese durian exported to China. Illustrative image (Photo: VNA) Hanoi (VNA) – The first batch of durian exported through the official channel to China was sent from the Central Highlands province of Dak Lak on September 17, more than two months after the Ministry of Agriculture and Rural Development and China’s General Administration of Customs of China signed a protocol on phytosanitary requirements for Vietnamese durian exported to China. The protocol signing came after four years of negotiation, allowing the official export of Vietnamese durian to China and creating a significant opportunity for Vietnamese farmers to raise the value of the fruit. This, however, is just an initial step. According to Nguyen Thi Thu Huong, Deputy Director of the Plant Protection Department under the Ministry of Agriculture and Rural Development (MARD), … [Read more...] about Durian export to China: long-term vision needed
Prime Minister to hold dialogue with young people in March
Ministries, agencies and units concerned were assigned to perform tasks in the event organizing plan issued by the Minister of Home Affairs. The Ministry of Home Affairs (MoHA) was asked to work with the Government Office and the Central Committee of the Ho Chi Minh Communist Youth Union (HCYU) to publicize the plan and conclusions of the event on the portals of the government, MoHA and HCYU Central Committee. According to Decree No.13/2021/ND-CP, the PM and chairpersons of the people's committees at all levels are responsible for holding dialogues with young people at least once a year. Dialogue discussions include mechanisms, policies and laws for young people, activities of agencies and organizations involved in legitimate rights and interests of the youth, the role and responsibility of young people in study and labor as well as their participation in socio-economic development and national defense, and other suggestions. Source: VNA … [Read more...] about Prime Minister to hold dialogue with young people in March
Long Tong festival held in Bac Kan province
The annual festival is held as a religious ritual dedicated to the god of agriculture to win his blessing for verdant crops and prosperity for villagers throughout the year. It consists of an offering ritual, a ploughing ceremony and folk games. According to Chairman of the Ba Be district People’s Committee Luu Quoc Trung, over the past years, tourism in the locality has been developed, attracting hundreds of thousands of visitors and becoming a key economic sector of the district. Therefore, the district attaches much importance to preserving and promoting cultural identities of local ethnic groups. At the end of the festival, people had a chance to experience a cultural space, featuring local people and land. They also enjoyed local food and joined an art exchange, together with playing folk games. In addition, visitors could enjoy the beauty of Ba Be - the largest freshwater lake in Vietnam, buy OCOP (One Commune, One Product) and local agricultural products. “This is the … [Read more...] about Long Tong festival held in Bac Kan province
2023 – Time for edtech to thrive in Vietnam
2In 2023, revenues of Vietnam’s e-learning market are expected to reach around $3 billion with a compound annual growth rate of about 20.2 per cent during 2019-2023, according to a report by Ken Research. Photo: doanhnhansaigon.vn Hanoi – Experts are positive about the development of Vietnam’s education technology (edtech) market in 2023 if local edtech companies can overcome post-pandemic challenges. Pham Giang Linh, managing director of Galaxy Education told the Tuoi tre (Youth) newspaper that Vietnam’s edtech market was formed in 2006 and 2007 – the first development stage of the digital economy in the country, but it only attracted wide attention in the period from 2020-2021, when demand for e-learning increased sharply due to the COVID-19 pandemic. In 2022, Vietnam saw the establishment of more than 100 edtech startups which strongly attracted capital from foreign investors, he said, citing examples like Topica, ELSA, ColderSchool, Edmicro, Vuihoc, and Educa, which … [Read more...] about 2023 – Time for edtech to thrive in Vietnam
Garment, footwear exports aim to reach 80 bln USD by 2025
Illustrative photo (Source: VNA) Hanoi (VNS/VNA) – Vietnam’s textile, garment and footwear sectors aim to achieve a total export value of 77-80 billion USD in 2025 and 106-108 billion USD in 2030, according to the strategy for the development of Vietnam’s textile and footwear industry. Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy. The sectors will continue to promote investment in the production of materials and auxiliary materials, as well as supporting industries. They will encourage the production of fabrics from domestically produced yarn to reduce imports, and form a complete supply and value chain in the region. For the leather and footwear industry, Nguyen Duc Thuan, Chairman of Lefaso, said domestic enterprises need to actively adapt to the requirements of the market and brands on sustainable development standards for products. They … [Read more...] about Garment, footwear exports aim to reach 80 bln USD by 2025
Vietnamese team comes first at Southeast Asian Fencing Championship
The Vietnamese national fencing team are aiming to gain at least three gold medals at SEA Games 32. (Photo: thethaovietnamplus.vn) Hanoi (VNA) – Vietnam secured the first position at the 2023 Southeast Asian Fencing Championship which has taken place recently in Malaysia, marking a good start for the Vietnamese sport towards the 32nd Southeast Asian Games ( SEA Games 32 ) slated for May in Cambodia. The Vietnamese fencers brought home eight gold, six silver and five bronze medals. The tournament saw strong performance by such fencers as Phung Thi Khanh Linh, Vu Thanh An, Nguyen Minh Quang and Nguyen Minh Quyet. The Southeast Asian Fencing Championship was considered a pre-SEA Games 32 event, with Vietnam sending 47 athletes to compete in all categories for both individuals and teams. The Vietnamese national fencing team are aiming to gain at least three gold medals at SEA Games 32./. VNA … [Read more...] about Vietnamese team comes first at Southeast Asian Fencing Championship
Financing’s role in reaching net-zero emissions
Illustrative image (Photo: AFP) Hanoi (VNS/VNA) - Climate change is one of the world’s biggest threats, and reducing emissions is the priority for all countries in the world and the lodestar for investment trends. Warmer temperatures are altering weather phenomena and disrupting the balance of nature, directly affecting human activities. The devastation caused by extreme weather disasters like typhoons, floods, and heat waves is worsening in many nations. And the economic damage caused by climate change is also increasing in line with global temperatures. Major storms destroy crops, costing billions of dollars, while rebuilding after each storm and flood requires a huge amount of money. The more extreme the climate, the more it damages economies. It is a positive sign that many countries have joined the fight for net zero emissions by 2050. Many people worry that it is unrealistic given the standard pace we have already set. However, an expert in the industry believes … [Read more...] about Financing’s role in reaching net-zero emissions