Nhập mIllustrative photo (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure. Under the strategy, Vietnam will consolidate traditional and key export markets and develop new and potential ones, and those with which it has signed free trade agreements (FTAs). The country also targets increasing the market share of Vietnamese rice in markets, especially in developed countries. Vietnam will also associate the export markets with domestic production according to value chains, ensure the quality and safety of exported rice, increasing the presence of Vietnamese rice and products processed from rice in direct distribution channels in markets. The country also eyes the export of high-quality rice and rice-based products, increase … [Read more...] about Strategy on rice export market development until 2030 approved
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Natural outdoor adventure abounds at Tien Cave
The journey to Tien Cave in Coc Ly Commune, Bac Ha District, follows a miniature path resembling the flow of the Chay River. The river originates at tributaries in the western Ha Giang Province and then meanders through Lao Cai and Yen Bai before merging with the Lo River in Phu Tho. According to the Lao Cai Tourism Information and Promotion Center, Tien Cave is a natural cave that has not been developed for tourism yet. While it has been a passing sight on Bao Nhai - Coc Ly Market tours, its popularity among domestic tourists has grown steadily since early 2023. Tien Cave offers a captivating scene reminiscent of Ha Giang's renowned Tu San Pass, which stands as one of Southeast Asia's most magnificent canyons. At Tien, visitors can camp in the cave and engage in various water activities on the river. The landscape at Tien Cave in Lao Cai Province. Photos by Dung Nguyen Local tour guide Dung Nguyen explains that reaching Tien Cave requires a journey to Bao Nhai … [Read more...] about Natural outdoor adventure abounds at Tien Cave
Indonesia to allow exports of five raw minerals
Jakarta (VNA) - Indonesia will continue exporting some raw minerals in 2024 in the context that domestic companies are rushing to finish smelters to process the metal ore, said Minister of Energy and Mineral Resources Arifin Tasrif. The resource-rich country had planned to ban exports of all metal ore starting in June 2023 to encourage investment in the domestic processing industry . But copper, iron ore, lead, zinc and anode mud from copper concentrates will be allowed to leave the country until May next year so smelters, many of which were delayed by the COVID-19 pandemic, would be ready to handle the materials. The minister said banning exports prematurely would cost the country revenue and jobs. Companies can keep exporting if they pay export duties and if their smelters were at least half-completed as of January. But they will be fined for every month of delay, Arifin noted. The Indonesian government has said it would exempt copper miners Freeport Indonesia and … [Read more...] about Indonesia to allow exports of five raw minerals
ASEAN speeds up FTA negotiations with Canada
Head of the Centre for Bilateral Regional Policy of the Indonesian Finance Ministry’s Fiscal Policy Agency Nella Sri Hendriyetty speaks at the Plenary and Caucus Meeting of the ACAFTA Sub Working Group on Financial Services from May 22–24, 2023. (Photo: antaranews.com) Jakarta (VNA) - The Association of Southeast Asian Nations (ASEAN) has continued to strengthen economic cooperation through the ASEAN-Canada Free Trade Agreement (ACAFTA) negotiations to respond to the impacts of the ongoing global economic slowdown . According to Nella Sri Hendriyetty, head of the Centre for Bilateral Regional Policy of the Indonesian Finance Ministry’s Fiscal Policy Agency (BKF), the negotiations are important for Indonesia to expand market access for both goods and services. In her opening remarks at the Plenary and Caucus Meeting of the ACAFTA Sub Working Group on Financial Services held in Banten province from May 22–24, Nella affirmed that the effort could also increase … [Read more...] about ASEAN speeds up FTA negotiations with Canada
More efforts needed to send lychees to the US
A lychee growing and caring area has been established under US export standards and the quality is outstanding. After many market survey shipments, export businesses have planned to send large quantities of lychees from this year’s crop to the US, which means there is nearly a month left to make arrangements. However, many difficulties remain. Because of difficulties in transportation, the price of Vietnamese lychees in the US is many times higher than those from China and Mexico. This year, the area of lychees grown under standards from the US totals more than 200 hectares, equivalent to output of 1,500 tonnes. Due to a lack of preservation technology for sea shipping , the price of Vietnamese lychees in the US is very much dependent on air freight./. VNA … [Read more...] about More efforts needed to send lychees to the US
Vietnam values comprehensive partnership with U.S.: Prime Minister
PM Pham Minh Chinh spoke highly of the maintenance of high-level contacts, especially the recent successful phone talks between Party General Secretary Nguyen Phu Trong and U.S. President Joe Biden. He suggested that in the near future, both sides continue enhancing cooperation in the fields of economy, trade, investment, science and technology, education and training, innovation, digital transformation, and climate change response. The host asked the U.S. senators to support the U.S. opening its market to and limiting anti-dumping investigations and trade remedy measures against Vietnamese goods, especially agro-forestry-fisheries, which directly affect the people’s livelihoods. He also urged the U.S. Congress to continue heeding and allocating resources for cooperation with Vietnam in overcoming the war consequences, as well as offer support to the Vietnamese community in the U.S. Expressing their impression on Vietnam's country, people, and development, the U.S. senators … [Read more...] about Vietnam values comprehensive partnership with U.S.: Prime Minister