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According to Mr. Nguyen Quoc Toan, Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development (MARD), every year, the EU imports agricultural products with a total value of about US$160 billion. Vietnam has many dominant commodities, but some products have not made the most of the advantages from the EVFTA to export to the EU. For instance, Vietnam is the world’s largest cashew nut exporter, but it has not yet benefited from exporting processed cashew to the EU market. Despite the advantage of a quota of 20,000 tons, the cane sugar industry has not had any optimistic signals yet. Honey exports to the US are the highest, followed by China and Japan, but honey exports to the EU remain modest. With the addition of the EU market, it will diversify markets and prevent breakages of the supply chain. Moreover, exporters will not be on the back foot, looking for new markets. Under the EVFTA, deeply-processed products from … [Read more...] about Enterprises yet to make use of EVFTA when exporting agricultural products to EU

According to Bảo Việt Securities Co, the market is expected to experience corrections in some sessions and maybe recover later this week. The VN-Index has the possibility to test the old resistance zone around 1,200 points in the short-term, the securities firm added.   … [Read more...] about Market finishes lower as investors abandon bank stocks

The value of the local ecommerce market, despite falling short of the previous forecast by US$14-15 billion, accounted for an estimated 5.5% of the country’s total retail sales of goods and services last year, according to the Ecommerce and Digital Economy Agency. … [Read more...] about Local ecommerce sector marks impressive growth

Not merely a gathering of artworks by three painters who present three generations, the exhibition is like a sketch of the development of the sector that helps viewers know more about the contributions made by Vietnamese graphic artists in the past and present time. Over 50 exhibits, mainly visual graphics, have highlighted their uniqueness and creative ideas both in content and form. They expressed their views, distinctive expressions and characteristic styles. … [Read more...] about VIETNAM NEWS JANUARY 26