Pakistan indonesia free trade agreement

Participants at the meeting (Photo: The Ministry of Industry and Trade) Hanoi (VNA) – Solutions to promote trade cooperation between Vietnam and Australia and the implementation of the Australia-Vietnam Enhanced Economic Engagement Strategy (EEES) were tabled at an online meeting on March 30 in Hanoi. During the 4th session of a trade working group within the framework of the Ministerial-level Vietnam- Australia Economic Partnership Meeting, the two sides focused on reviewing the implementation of cooperation contents agreed at the 3rd session and discussed issues related to regional and multilateral cooperation , as well as supply chain cooperation. Both sides expressed their delight at the impressive growth of bilateral trade recently. Australia became the 7th largest trade partner of Vietnam in 2022 with two-way trade hitting 15.7 billion USD. The positive results were attributed to efforts of both sides in promoting economic and trade cooperation, fully … [Read more...] about Vietnam, Australia seek to expand trade cooperation

Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year. (Photo: VNA) Hanoi (VNA) – Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China , according to the Ministry of Industry and Trade (MoIT). Vietnam now sees a sharp increase in rice orders from the Philippines and China. Acccording to Pham Thai Binh, General Director of Trung An Hi-tech Agriculture Joint Stock Company in the Mekong Delta city of Can Tho, the company has signed an order to export 2,000 tonnes of rice to China and is under negotiation for another batch of 20,000 tonnes. Illustrative photo (Photo: VNA) Statistics from the General Administration of Vietnam Customs show that in the first two months of this year, China imported 152,640 tonnes of rice from Vietnam worth 90 million USD, a year-on-year increase of 86% in volume and 120% in value. Vietnamese rice exported to China … [Read more...] about Vietnam expected to export 7 million tonnes of rice this year: Ministry

In an interview granted to the Vietnam News Agency, Anh said that the 50-year journey that the two countries have taken is marked with an important milestone when they lifted their ties to a strategic partnership on August 7, 2015, making Vietnam the only strategic partner of Malaysia among the ASEAN countries. The upgrade showed the in-depth development of the bilateral relations with strong political trust, while reflecting a new chapter in their comprehensive cooperation over all fields such as politics, diplomacy, economy, trade, culture, defense - security, science - technology and sustainable development, she said. The two sides are currently working together to implement the action plan to realize their strategic partnership in the 2021-2025 period, paving the way for the further growth of the bilateral relations in the future. Anh noted that over many years, Malaysia has been one of the leading trade and investment partner of Vietnam among the ASEAN member states. … [Read more...] about Vietnam-Malaysia ties expand across all pillars over 50 years: Diplomat

While Vietnam’s export of several key agro-forestry-aquatic products endured a sharp drop of 14.40 percent on-year in the first quarter of 2023 due to the impact of rising inflation globally, seafood exports were hardest hit with the on-year fall of 29 percent. Illustrative photo A report from the Ministry of Agriculture and Rural Development (MARD) showed that the country made just USD11.20 billion in export turnover of agro-forestry-aquatic products, including USD1.79 billion from seafood exports in the first three months of this year. Vietnam produced nearly 1.90 million tonnes of seafood products during the period, an increase of 1.40 percent compared to the same period last year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the decline in Vietnam's seafood exports was due to changes in regulations on export quotas, and policies in some key markets. Sales to the United States, which was the largest … [Read more...] about Seafood exports hardest hit amid reduced global demand