Rice export vietnam

An international workshop on Vietnam's economic prospects until 2025: opportunities and challenges brought by new-generation FTAs (Photo: dangcongsan.vn) Under its 5-year socio-economic development plan until 2020, Vietnam has maintained an annual GDP growth rate of more than 6.8%. Last year’s growth was more than 7% and this year is expected to exceed 7%. Vietnam  has achieved the GDP growth target set for the entire period. Inflation has been under control and the public debt ratio has been decreasing. But growth has been heavily dependent on capital. The support industry has grown slowly. The contribution of services with high added value has remained low. Logistics costs are high. Exports depend on foreign-invested enterprises. Most Vietnamese businesses haven’t participated in global value chains and their ability to innovate hasn’t improved much. At a recent international workshop on Vietnam's economic prospects until 2025, many experts pointed … [Read more...] about New-generation FTAs create opportunities, challenges for Vietnam’s economy

The five-year, $21.7 million USAID Trade Facilitation Program aims to support the Government of Vietnam to adopt and implement a risk management approach to customs and specialized inspection agencies, which will strengthen the implementation of the World Trade Organization's Trade Facilitation Agreement of which both Vietnam and the United States are members. Vietnam’s Deputy Prime Minister Vuong Dinh Hue and U.S. Ambassador to Vietnam Daniel J. Kritenbrink at the launching ceremony The USAID Trade Facilitation Program will work with the General Department of Vietnam Customs (GDVC), under the Ministry of Finance to strengthen the role and capacity of Vietnam's National Trade Facilitation Committee (NTFC) and their associated working groups to improve the efficiency of specialized inspections and customs-to-business partnerships. The USAID Trade Facilitation Program will be implemented until 2023 and will support the standardization of policies and procedures for … [Read more...] about The United States supports Vietnam in improving customs procedures

National Assembly Chairwoman Nguyen Thi Kim Ngan is welcomed at Kazan airport, Kazan city, the Republic of Tatarstan. (Photo: VNA) Kazan (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan arrived in Kazan city, the Republic of Tatarstan, on December 8 afternoon, beginning her official visit to Russia at the invitation of Chairwoman of the Federation Council V. Matviyenko and Chairman of the State Duma of Russia V. Volodin. The NA Chairwoman was welcomed at Kazan airport by Chairman of the State Council of Tatarstan Farid Khayrullovich Mukhametshin, Deputy Chairperson of the State Council of Tatarstan Tatyana Larionova, among others. Vietnamese Ambassador to Russia Ngo Duc Manh and representatives of the Vietnamese community in Tatarstan were also present at the airport to welcome Chairwoman Ngan. Vietnam and Russia set up diplomatic ties in 1950. The two countries established the strategic partnership in 2001 and upgraded it to the level of comprehensive strategic … [Read more...] about NA Chairwoman arrives in Kazan, begining Russia visit

Containers loaded with scrap from around the world are increasingly converging on Vietnam after China began banning the importation of such items An increasingly larger quantity of imported scrap has overloaded several seaports in Ho Chi Minh City, which has become an ‘alternative destination’ for the waste dumping after China ceased buying it earlier this year. Within the first two weeks of May alone, 7,000 twenty-foot equivalent units (TEUs) of overseas scrap paper and plastic were unloaded at the Cat Lai Terminal, 2,000 more TEUs against the beginning of the month. (1 TEU = a 39-cubic-meter container) Located in District 2, Cat Lai is one of the key and modern international shipping terminals in southern Vietnam. The growing presence of plastic and paper scrap imports has been choking the port and become highly detrimental to the business of the facility, as well as shipping firms and companies in need of importation or exportation, said Nguyen Nang Toan, director of the … [Read more...] about ​Scrap imports choke Ho Chi Minh City ports

The government leader made the remarks while chairing a national conference in Quang Tri province on May 17 to review the performance of the steering committee for solutions to stabilise lives, production and business of affected people after the incident. Officials have gained more experiences following the incident, PM Phuc said while lauding Ha Tinh province’s determination to bring the case on wrongdoings in compensating and supporting the affected fishermen to the court. The leader attributed such outcomes to contributions of scientists, members of the steering committee, leaders and the political system at commune-, district- and provincial levels, army and police forces, and public support. He highlighted the publicity, transparency, democracy, accuracy and close supervision in the work. However, PM Phuc said, there remain shortcomings in the compensation work, sparking public complaints. Citing the fact that 0.9% of the compensation fund has yet been disbursed, the … [Read more...] about PM: Efforts to assist people affected by Formosa incident pay off