Uk new zealand free trade agreement

Vietnamese Prime Minister Pham Minh Chinh called on Brazilian enterprises to beef up trade and investment activities in Vietnam to fully tap the great cooperation potential between the two countries, with the aim of boosting two-way trade to US$10 billion by 2025. PM Chinh was speaking at a powwow with representatives of Brazilian businesses in Sao Paulo on Sunday morning (local time) after he and his entourage arrived a day earlier for a four-day official visit at the invitation of President Lula da Silva. “The political relationship between our two countries is very good, but trade and investment relations are still not comparable, as there is still a lot of room for cooperation that has yet to be tapped,” the PM said at the event. Last year, the trade turnover between the two countries reached $6.78 billion, with Vietnam mainly importing from Brazil. Such bilateral trade remained modest as Brazil is the largest South American country with a population of 214 million people, … [Read more...] about Vietnam eyes $10bn trade with Brazil by 2025: PM Pham Minh Chinh

Employees of a timber company examine a tree in an FSC-certified forest in Tuyên Quang Province. Sustainable management of forests is one of the requirements at the heart of EVFTA. — VNA/VNS Photo Quang Cường The EU-Việt Nam Free Trade Agreement (EVFTA) includes a chapter dedicated to sustainable development that covers not only environmental but also labour-related issues, said an official of the Ministry of Industry and Trade. Ngô Chung Khanh who is Deputy Director General of the ministry's Multilateral Trade Policy Department said the issues of climate change, biodiversity, and the sustainable management of forest and living marine resources in bilateral trade had been brought to the fore since the formation of the agreement. Vietnamese producers, under EVFTA, must now actively engage in the fight against illegal, unreported, and unregulated (IUU) fishing and fishing-related activities, and implement measures to exclude IUU-related products from the trade flows. They are … [Read more...] about Green transition holds the key to the EU market

Prime Minister Pham Minh Chinh (R) and President of the Communist Party of Brazil Luciana Santos. (Photo: VNA) Brasilia (VNA) – Prime Minister Pham Minh Chinh hosted a reception for President of the Communist Party of Brazil Luciana Santos and its leadership in Brasilia on September 24 as part of his official visit to the South American country. Hailing the Communist Party of Brazil’s achievements and positive role in the country’s politics, PM Chinh affirmed that the Vietnamese Party, Government and people always bear in mind and respect the Brazilian people, the Communist Party of Brazil, left-wing forces, and peace lovers' sentiments and valuable support for and assistance to the Vietnamese people during their past struggle for national liberation as well as the curent cause of national construction and protection. Amidst complicated and unpredictable developments in the world, Vietnam advocates promoting global solidarity as well as heightening multilateralism, … [Read more...] about PM receives leaders of Communist Party of Brazil, friendship association

Vietnam and Brazil would help each other get into large, dynamic regional markets. Vietnam and Brazil are important to each other in facilitating economic cooperation in the regional markets in which they are represented. Vietnam's Prime Minister Pham Minh Chinh and Brazilian businesses in São Paulo on Sept 24 local time . Photos: Nhat Bac/VGP Vietnamese Ambassador to Brazil Pham Thi Kim Hoa commented on Prime Minister Pham Minh Chinh’s ongoing official visit to Brazil at the invitation of President Luiz Inácio Lula da Silva. She said Brazil is Vietnam’s gateway to Latin American markets , whereas Brazil’s businesses use Vietnam as their entry point into the ASEAN market and other Asian nations. Brazil, with a market of more than 200 million people, has potential for Vietnam and is the leading partner in Latin America. Brazil is Vietnam’s biggest trade partner in Latin America, with a two-way trade of US$6.78 billion in 2022. Vietnam’s export staples … [Read more...] about Vietnam-Brazil relations: Gateways to regional markets

At the meeting between National Assembly Chairman Vuong Dinh Hue and Bulgarian President Rumen Radev in Sofia on September 25 (Photo: VNA) Sofia (VNA) – Vietnam is a trustworthy partner and loyal friend of Bulgaria, affirmed President Rumen Radev while hosting visiting National Assembly (NA) Chairman Vuong Dinh Hue in Sofia on September 25. In response, the top Vietnamese legislator stated Vietnam treasures its traditional friendship with countries in Central and Eastern Europe, with Bulgaria being a priority partner. The two sides agreed that the nations’ close and loyal friendship is a valuable asset that should be preserved and promoted by their leaders and people, including more than 30,000 Vietnamese who have been trained, educated, and worked in Bulgaria and around 1,000 Vietnamese expatriates living in the European country. The Bulgarian President wished to continue strengthening the exchange of information and experience between the two countries in general … [Read more...] about Bulgaria considers Vietnam trustworthy partner, loyal friend: President

Cashew nuts packed at a factory in Bình Phước Province. — VNA/VNS Photo Cashew exports are likely to strongly rebound by the end of the year after significant growth in both volume and value in the past eight months of this year, industry insiders have said. Data from the Việt Nam Cashew Association shows that in August, the country exported nearly 64,000 tonnes of cashew nut, earning a turnover of US$343.4 million, an increase of over 38 per cent in volume and nearly 32 per cent in value. The latest addition had brought its cashew nut exports over the past eight months of this year up to 400,000 tonnes in total with a value of over $2.25 billion, up 16 per cent in quantity and 13 per cent in quality. Raw cashew imports also increased significantly over the past eight months, 21 per cent higher than the yearly target, according to the association. In August alone, the country spent $370.4 million in importing over 367,200 tonnes of raw cashew, marking yearly hikes of 87 per … [Read more...] about Cashew exports predicted to strongly rebound by the year-end

The article wrote that Vietnam and Brazil have maintained long-lasting and stable cooperative relations since the two countries established diplomatic ties on May 8, 1989. Since then, there have been many high-level delegation exchanges between the two nations, notably, the official visit to Brazil in May 2007 by then General Secretary of the Communist Party of Vietnam Nong Duc Manh and the visit to Vietnam in July 2008 by Brazilian President Luiz Inácio Lula da Silva. Leaders of the two nations also met on various occasions, and pledged to further strengthen the bilateral ties. Most recently, Prime Minister Pham Minh Chinh met with President Lula da Silva on the sidelines of the expanded G7 Summit in Japan in May 2023. The relationship between the parliaments and the Parliamentary Friendship Groups of the two countries has also been developing, contributing to the expansion of the Vietnam - Brazil collaboration, through the signing and implementation of 16 cooperation agreements … [Read more...] about Promising future of Vietnam – Brazil cooperative relations

Many enterprises in Vietnam’s key export sectors are back on track as their orders have increased after a sharp decline several months ago, while certain tech firms have reported positive growth in international markets. Nguyen Van Trung, a representative of a company specializing in exporting agricultural products in the south, said mango, longan, dragon fruit, and durian exports to Australia and the U.S. have surged thanks to better preservation technology. The U.S. has resumed the import of Vietnam’s fresh coconuts, Trung added. Chanh Thu Company in southern Ben Tre Province also ships pomelos stateside and recorded growth. Vietnam will export this kind of fruit to China through official channels in the near future, according to Ngo Tuong Vy, CEO of Chanh Thu. Meanwhile, Nguyen Dinh Tung, general director of Vina T&T Group, pinned high hopes on durian exports for the rest of the year. “At present, only some 300 million Chinese consumers can access durians. With more … [Read more...] about Vietnamese enterprises regain growth momentum