Nearly 500 tons of "Com Vietnam Rice" exported to the EU. (Photo: VNA) Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect, the group has exported around 30,000 tons of rice to the EU. It was the first time the rice was exported under its own brand name, instead of those by importers in the previous shipments, according to Loc Troi. Loc Troi Group CEO Nguyen Duy Thuan said the consignments, which mostly consist of fragrant rice, have left Vietnam and will arrived in Germany, the Netherlands and France in July. The grain will be available at France-based Carrefour, the Europe’s largest retailer and wholesaler, he said. The shipment, though not large, marks the start of the group’s journey to conquer the global market, he added. Loc Troi Agricultural Products JSC (LTA), the agricultural arm of Loc Troi Group, owns 26 factories capable of milling over 22,000 tons of rice per day. The group has been collaborating with a network of numerous cooperatives and more … [Read more...] about 500 tons of Vietnamese-labelled rice exported to EU
Usaid cooperative agreement
The article on Hungary Today (Photo: VNA) Hanoi (VNA) – Local media of Hungary have highlighted the visit by National Assembly Chairman Vuong Dinh Hue , which was made from June 26-28 at the invitation of Speaker of the Hungarian NA László Kövér. The Hungary Today newspaper on June 28 ran a story entitled “House Speaker Kövér: Vietnam Is a Key Partner”, quoting the Hungarian top legislator as saying after his talks with NA Chairman Hue that Vietnam is Hungary ’s key partner in Southeast Asia. While agricultural exports to Vietnam surpass imports, Hungary has “much to do” in developing bilateral economic ties, Kövér said in a joint statement after the talks. Noting that Hue led a delegation of various experts, Kövér said the visit was “promising” regarding inter-governmental, scientific, and educational cooperation, the article reported. The article on the Vietnamese NA leader's visit on Budapester Zeitung (Photo: VNA) After the talks, the speakers signed … [Read more...] about Hungarian media spotlight Vietnamese top legislator’s visit
The dialogue was part of the ongoing official visit to the U.K. of Great Britain and North Ireland of Chairman of the National Assembly of Vietnam Vuong Dinh Hue. At the event, the two senior officials expressed their delight at the positive and dynamic development of the Vietnam-U.K. strategic partnership, especially the effective maintenance of the bilateral defense cooperation. They wished to turn defense ties into a pillar of the two countries’ overall relations. Speaking highly of the outcomes of the implementation of the bilateral defense cooperation on the basis of the memorandum of understanding on defense cooperation signed in 2017, the two sides hoped to continuously boost existing cooperation contents, including delegation exchange, training, U.N. peacekeeping operations. They confirmed that defense policy dialogue is an important cooperation mechanism for the two ministries of defense to review achievements gained and put forth future cooperation orientations. Also … [Read more...] about Vietnam-U.K.’s fourth defense policy dialogue held
Hue held talks with top legislators, met with government leaders and ministers of Hungary and the U.K. and witnessed the signing of a number of memoranda of understanding on cooperation between ministries and localities. He took the occasion to thank Hungarian and British leaders and people for donating COVID-19 vaccines and test kits to help Vietnam combat the pandemic. The N.A. Chairman also met with heads of friendship parliamentary groups, friendship associations, corporations and universities in the two countries; attended high-level forums on trade, economy, investment and education; and visited Vietnamese communities there. The visits aimed to deepen bilateral cooperation with the two European countries and showed the Party's and State's care for Vietnamese expatriates. The signing of an agreement between the Vietnamese and Hungarian National Assemblies marked a new milestone in the two sides’ relations, lifting the bilateral parliamentary ties to a new height. Hue’s … [Read more...] about Top legislator arrives in Hanoi, concluding visits to Hungary, U.K.
Dao Minh Chanh, Deputy Director of the municipal Department of Planning and Investment, said E.U. countries are investing in 2,724 projects in HCM City, mostly in the fields of manufacturing and processing, retail and wholesale, motor and automobile repair and maintenance, and information and communications. Worth a total of 7.69 billion USD, they account for 10.27% of FDI in the city, he said. HCM City has constantly improved its business climate and adopted various incentives to encourage more FDI, he said, adding that most notably among the incentives include reductions in corporate income tax, import-export duties and land lease. Vo Van Hoan, Vice Chairman of the municipal People’s Committee, highlighted the importance of the E.U.-Vietnam Free Trade Agreement (EVFTA) which has entered into force, saying it has brought great and balanced benefits to both sides and there is a huge opportunity for Vietnam and the E.U. to step up bilateral economic cooperation. With the E.U.’s … [Read more...] about HCM City calls for E.U. investment in nearly 200 projects
Nearly 500 tonnes of " Com Vietnam Rice " exported to the EU. (Photo: VNA) HCM City (VNA) – Loc Troi Group JSC exported nearly 500 tonnes of rice labelled with its own brand name “Com Vietnam Rice” to the EU markets in June. Since the EU -Vietnam Free Trade Agreement ( EVFTA ) took effect, the group has exported around 30,000 tonnes of rice to the EU. It was the first time the rice was exported under its own brand name, instead of those by importers in the previous shipments, according to Loc Troi. Loc Troi Group CEO Nguyen Duy Thuan said the consignments, which mostly consist of fragrant rice, have left Vietnam and will arrived in Germany, the Netherlands and France in July. The grain will be available at France-based Carrefour, the Europe’s largest retailer and wholesaler, he said. The shipment, though not large, marks the start of the group’s journey to conquer the global market, he added. Loc Troi Agricultural Products JSC (LTA), the agricultural … [Read more...] about 500 tonnes of Vietnamese-labelled rice exported to EU
In a statement sent to Prime Minister Pham Minh Chinh on Thursday, HCMC Chairman Phan Van Mai said the city has received a proposal from Terminal Investment Limited (TIL), the second-largest container carrier in the world, to build the port in Can Gio. TIL, owned by Switzerland-based Mediterranean Shipping Company, has signed a framework agreement with HCMC on cooperation in the field of seaport infrastructure development and logistics services in the city. As proposed by TIL, the port in Can Gio will have a dock of more than seven kilometers long to receive 24,000-twenty-foot equivalent unit (TEU) containers, the world’s largest, with a throughput capacity of 10-15 million TEUs per year. The transshipment port is expected to be built through seven stages and the investor, TIL, wishes to start work on the first phase in 2024 for operation four years later. The entire port will be finished in 2040, it plans. Once completed, Can Gio Port will replace Cat Lai Port in HCMC’s Thu … [Read more...] about HCMC seeks to build Vietnam’s largest port in Can Gio