Vietnam jscb for industry and trade

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

Visitors to a booth of a Vietnamese company at the Uttar Pradesh International Trade Show (Photo: VNA) New Delhi (VNA) – Nearly 50 enterprises from Vietnam attended a trade promotion and business matching programme on September 22-23 as part of the Uttar Pradesh International Trade Show (UPITS), held for the first time by the administration of the Indian state of Uttar Pradesh . The Vietnamese delegation accounted for over 10% of the international guests invited by the Uttar Pradesh administration to the UPITS, organised in coordination with the Federation of India n Export Organisations (FIEO). With support from the Trade Office of Vietnam in India, the delegation attended business matching events and export promotion forums held by FIEO. Addressing a forum, FIEO Director General Ajay Sahai said by building an export ecosystem, Uttar Pradesh will become an export hub of India and make tremendous contributions to the country’s gross domestic product. Meanwhile, … [Read more...] about Nearly 50 Vietnamese companies join trade promotion event in India

The latter half of the year is set for a substantial rebound, riding on the back of Q2's initial recovery signs. The bank's outlook for 2023 remains steady, with a GDP growth estimate of 5.4 per cent. Standard Chartered anticipates September’s figures to marginally outpace those of August, predominantly buoyed by retail sales. The forecast details an impressive 8.2 per cent annual growth in September's retail sales, though exports might dip by 6.2 per cent. Imports are slated to shrink by 7 per cent, while industrial production growth could see a surge to 3.2 per cent. Furthermore, the trade surplus might slim down to a mere $1.3 billion. The inflation index is set to tick up to 3.2 per cent on-year from August's 3 per cent, steered primarily by the education, housing, and food sectors. Conversely, transport-led inflation appears to be subsiding. In the tourism front, Vietnam welcomed approximately 7.8 million international travellers in 2023's initial eight months, closely … [Read more...] about Vietnam’s Q3 GDP poised for growth, Standard Chartered reports

The article posted on website reporteasia.com wrote that Vietnam and Brazil have maintained long-lasting and stable cooperative relations since the two countries established diplomatic ties on May 8, 1989.(Photo: VNA) Havana (VNA) - Over the past 34 years, relations between Vietnam and Brazil have continuously been developing, with enhanced political trust and mutual understanding, according to an article posted on the website reporteasia.com. 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 … [Read more...] about Promising future of Vietnam-Brazil cooperative relations

Old artifacts are not only valuable, but also a keepsake for many families. Many people would be extremely sad if an artifact was damaged for some reason. In such cases, they may eventually find their way to an expert like Nguyen Khac Duy. Ten years ago, the man, now 34, who lives in Sa Dec City in the Mekong Delta province of Dong Thap, returned to his hometown after completing his military service and assisted his family business in trading artifacts. Noticing that the supply of artifacts was dwindling over time, Duy thought of finding solutions to repair damaged items, which would allow his family to sustain their business for a long time to come. Giving old things a second life In the early days of trying to repair damaged artifacts, Duy's lack of confidence meant he only fixed his own artifacts for fear of further harming customers’ precious items. However, after some time, as the artifacts he repaired became more common, more and more collectors came to ask him to … [Read more...] about In Vietnam, man gives artifacts a second life

Vice Chairman of the provincial People’s Committee Le Huu Hoang and Rebecca Ball, Senior Trade and Investment Commissioner of Australia. — VNA/VNS The Australian Trade and Investment Commission (Austrade) recently organised a roadshow in the central province of Khánh Hòa to unlock cooperation opportunities between Việt Nam and Australia in the fields of education and trade. The roadshow was part of the activities commemorating the 50th anniversary of Việt Nam-Australia diplomatic relations. The event attracted over 100 representatives from Australian universities, education establishments, food enterprises, as well as local branches, sectors, restaurants, hotels, retailers, importers, universities, and colleges. The aim of the roadshow was to boost Việt Nam-Australia trade by exploring new cooperation opportunities in education and agrifood. Rebecca Ball, Senior Trade and Investment Commissioner of Australia, said that the event is expected to serve as a booster for the … [Read more...] about Roadshow promotes Việt Nam – Australia trade, education cooperation

PM Pham Minh Chinh, who is in an official visit to the South American country, stressed that after nearly 35 years of the establishment of diplomatic ties, the bilateral relations have developed positively in all fields. Vietnam and Brazil are currently each other's largest trading partner in Southeast Asia and South America, with their trade turnover reaching a record level of about 6.78 billion USD in 2022, up 6.6% year-on-year, and by threefold in the past decade. However, investment cooperation remains very modest, as Brazil currently has six valid projects totaling 3.83 million USD in Vietnam, and the Southeast Asian nation has only one worth 300,000 USD in the South American nation. The PM said Brazil can become a bridge to help Vietnam access the markets of Latin American countries, as well as the Southern Common Market (MERCOSUR), and at the same time, Vietnam can help Brazil access the large ASEAN market with more than 650 million people and a larger market of 800 … [Read more...] about Vietnamese, Brazilian firms asked to work together to raise trade to 10 billion USD

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

The event, held as part of the activities to celebrate the 50th anniversary of the Vietnam - Australia diplomatic relations, drew more than 100 representatives from Australian universities, education establishments, food enterprises, as well as those from local branches, sectors, restaurants, hotels, retailers, importers, universities and colleges. Rebecca Ball, Senior Trade and Investment Commissioner of Australia, said that the event is expected to serve as a booster for the Vietnam - Australia trade through new cooperation opportunities in education and agrifood. Similar roadshows were held in March in Hanoi, Hue and Da Nang, attracting more than 400 businesses, associations and education establishments, producing encouraging outcomes, so Austrade has high expectations that the September program will have noticeable impacts on bilateral trade, Ball said. Meanwhile, Vice Chairman of the provincial People’s Committee Le Huu Hoang expressed his hope that the roadshow will enhance … [Read more...] about Roadshow promotes Vietnam – Australia trade, education cooperation

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