Smc trading investment joint stock company

The Vietnam – Mexico joint committee on economy-trade-investment cooperation holds its second meeting in Mexico City on July 9-10 (Photo: VNA) Mexico City (VNA) – The second meeting of the Vietnam – Mexico joint committee on economy-trade-investment cooperation took place in Mexico City on July 9 and 10. Speaking at the function, Deputy Minister of Industry and Trade Do Thang Hai lauded progress made in bilateral trade, stressing that Mexico is Vietnam’s 2nd biggest trade partner in Latin America while Vietnam is Mexico’s 8th largest partner in Asia-Pacific. Echoing Hai’s view, Undersecretary for Foreign Trade in Mexico's Secretariat of Economy Luz Maria de la Mora said increasing bilateral trade turnover reflects strengthening ties. Highlighting the important role of the joint committee mechanism in boosting bilateral relations, both sides agreed to focus on pushing up bilateral trade via trade promotion activities and diversification of … [Read more...] about Vietnam, Mexico step up economy-trade-investment ties

The Vietnamese Embassy in Algeria works with Constantine Chamber of Commerce and Industry (CCCI).(Photo: VNA) Algiers (VNA) – Vietnamese Ambassador to Algeria Pham Quoc Tru has paid a two-day working visit to Constantine province to boost trade and investment with the third largest city of Algeria, which holds strengths in tourism, husbandry, plantation and pharmaceutical industry.   During his stay on October 16-17, he had a working session with governor of Constantine Abdessamie Saidoun, during which they discussed measures to promote bilateral cooperation in various sectors on the basis on thriving relations between the two countries. They expressed their interest in cooperating in agriculture, tourism and labour export. On the occasion, the Vietnamese Embassy joined hands with the Constantine Chamber of Commerce and Industry (CCCI) to organise a forum on introducing import-export cooperation and investment potential. CCCI president Souici Larbi called Vietnamese … [Read more...] about Vietnam promotes trade, investment cooperation with Algeria’s Constantine

At the forum (Photo: VNA) HCM City (VNA) – Hundreds of enterprises of Vietnam and the United Arab Emirates (UAE) gathered at a trade and investment forum in Ho Chi Minh City on October 17. Jointly organised by the Trade Promotion Agency of the Ministry of Industry and Trade and the Vietnam Chamber of Commerce and Industry (VCCI), the event aimed to promote sustainable trade and investment cooperation and create opportunities for building business partnership between the two countries. Director of the Trade Promotion Agency Vu Ba Phu said two-way trade between Vietnam and UAE hit 4.26 billion USD in the first nine months of 2019, with Vietnam’s exports to UAE reaching nearly 4 billion USD, up 2.23 percent compared to the same period last year. Vietnam has become the largest trading partner of the UAE in Southeast Asia and the UAE is also the largest partner of Vietnam in the Middle East. Vietnam is calling on UAE businesses to invest in areas of logistics … [Read more...] about Vietnam, UAE seek to expand trade, investment links

Thailand needs to restructure the export, import and investment sectors to cope with mounting external risks.(Photo: thethaiger.com) Bangkok (VNA) – Thailand needs to restructure the export, import and investment sectors to cope with mounting external risks, particularly from the ongoing trade war, the Brexit impasse and the international geopolitical situation, said Boonyarit Kalayanamit, permanent commerce secretary. Boonyarit chaired a meeting on October 7, during which participants said Thailand should work to benefit from a stronger baht, for example importing more raw materials which are cheaper. The meeting also concluded that regulations to promote the import of raw materials need to be amended, while measures or incentives to lure more foreign direct investments, particularly in high technology and innovations, should be introduced. The proposal will be submitted to the Joint Public and Private Sector Consultative Committee on Commerce's meeting, chaired by Commerce … [Read more...] about Thailand needs to restructure to promote trade, investment: official

(Photo: Antara)   Jakarta (VNA) – Indonesia’s Ministry of Trade will revise 18 ministerial regulations considered to be hampering exports and investments, said the country’s officials recently. Foreign trade director general under the Trade Ministry Indrasari Wisnu said of the 18 regulations, 11 relate to imports while seven regulate exports. Some of them could be revoked if needed, he added. Among them, a regulation regulating imports of machinery and devices is set to be revised before the end of Indonesian President Joko Widodo’s first term on October 20, he added. Indonesian Trade Minister Enggartiasto Lukita also hinted at a revision of a 2018 ministerial regulation on used capital goods imports. The revision of the 18 regulations, he said, was crucial for Indonesia to benefit from investment influxes as a result of industry relocations from foreign countries. According to a recent World Bank (WB) report, Indonesia is struggling to attract … [Read more...] about Indonesia to revise 18 regulations to promote trade, investment