Vietnam trade office

Shrimp processing for export (Photo: VNA) Sydney (VNA) - Since the outbreak of the COVID-19 pandemic, the delay in customs clearance of Vietnamese goods exported to Australia, especially at the quarantine stage, has become serious, mainly in the two states of New South Wales and Victoria. One of the main reasons is that Australia is currently facing labour shortages in many fields, while trade is growing and the spread of COVID-19 is still complicated. According to the Vietnam Trade Office in Australia , right from the beginning of April, in its market bulletin, the office announced the situation and made recommendations on several measures to minimise impacts of the delay as proposed by Australia. For fresh agricultural products, the office has suggested importers to transport them by air, and at the same time persuade importers in West and South Australia, which are not overloaded like the two above-mentioned states, to boost imports. Particularly for fresh … [Read more...] about Vietnam’s exports to Australia face slow quarantine

General Department of Vietnam Customs’ data showed that the bilateral trade reached US$1.03 billion in the first four months of 2022 (up 15 percent from the same period of 2021), including US$689.13 million worth of Vietnamese exports (up 19.2 percent) and US$342.16 million worth of Vietnamese imports (up 7.3 percent). Tra fish exports are projected to surge by a whopping 97 percent year-on-year in the first five months of 2022, reaching US$1.1 billion Nguyen Thi Hoang Thuy, Head of the Vietnam Trade Office in Sweden, concurrently in Denmark, Norway, Iceland, and Latvia, said Nordic enterprises generally bought Japonica rice from Spain, Italy, Japan and the US, and were excited to discover they could import a similar product with similar quality from Vietnam at a one-third to one half less. Foreign trade accounts for 50-60 percent of the Nordic bloc’s gross domestic product (GDP). Despite their small population, Nordic countries made an impressive import value … [Read more...] about Vietnamese exports to Nordic markets thrive

The ceremony marking the 40th anniversary of the Intellectual Property Office of Vietnam on July 29 (Photo: qdnd.vn) Hanoi (VNA) – The Intellectual Property Office of Vietnam (IPO) under the Ministry of Science and Technology celebrated its 40th anniversary with a ceremony in Hanoi on July 29. IPO Director Dinh Huu Phi said the establishment of industrial property rights is one of the focal tasks of the office since its inception and becoming increasingly important because the surging number of applications for industrial property requires better handling of applications while trade disputes and complaints are also on the rise. By the end of June, the IPO had received nearly 1 million applications for industrial property and granted nearly 600,000 certificates of industrial property protection of all types. The official also highlighted his office’s efforts to promote task performance by improving governance, reforming administrative procedures, applying … [Read more...] about Intellectual Property Office marks 40th anniversary

The People’s Court in the Mekong Delta province of Dong Thap on Wednesday sentenced seven people to death for illegally transporting over 45 kilograms of narcotics in 2020. The death penalty was handed down to Le Duy Linh, Tran Van Thuc, Nguyen Minh Thiet, Huynh Van Ly, Le Van Thanh, Nguyen Van Thai, and Nguyen Trung Hieu. All were convicted of the illegal transportation of narcotics, though Linh was also found guilty of trading, possession of narcotics, and organization of illegal drug use. An eighth and ninth individual also present at the trial received a life sentence and 20-year sentence, respectively, for drug-related offenses. The indictment showed that police in Dong Thap caught Thai transporting 45.3 kilograms of narcotics, including over seven kilograms of heroin, ten kilograms of methamphetamine, 11.3 kilograms of MDMA, commonly known as ecstasy, and nearly 17 kilograms of ketamine, at around 10:00 pm on August 15, 2020 to carry out a transaction in Ho Chi Minh … [Read more...] about Vietnam court sentences 7 to death for narcotic transportation

Imports rose by 13.6 percent to $215.59 billion, according to data from the General Statistic Office. In the same period last year Vietnam had run up a trade deficit of $3.31 billion. Mobile phones and components remained the top export item, with their value going up 13.1 percent to $33.7 billion. Electronics, laptops and components were second at $31.7 billion, followed by equipment and spare parts at $24.9 billion. Garment and footwear exports jumped by nearly 20 percent each to $22.1 billion and $14.1 billion. The U.S. continued to be Vietnam’s biggest export market with its purchases going up by 24.3 percent to $67.1 billion. China followed with imports of $30.4 billion. It was Vietnam’s top trading partner with two-way turnover of $103.1 billion. Exports to other other markets rose by 13-27 percent. The trade surplus is low and not very likely to be sustained, the GSO warned. … [Read more...] about Vietnam enjoys trade surplus following double-digit export growth

Canada, New Zealand, and the UK are three out of 11 Dialogue Partners of ASEAN. Vietnam’s Foreign Minister Bui Thanh Son held a series of meetings with his counterparts of ASEAN Partners on the sidelines of the 55th ASEAN Foreign Ministers’ Meeting (AMM-55) and Related Meetings held in Phnom Penh, Cambodia on August 3. The meetings aimed at intensifying cooperation and mutual support at international forums through the talks with Canada’s Minister of Small Business, Export Promotion and International Trade Mary Ng, New Zealand’s Foreign Minister Nanaia Mahuta, and UK Minister for Asia and the Middle East at the Foreign, Commonwealth & Development Office Amanda Milling. Vietnam's Foreign Minister Bui Thanh Son and Canada’s Minister of Small Business, Export Promotion and International Trade Mary Ng in Cambodia on August 3. Photos: Baoquocte Canada In talks with Mary Ng, Son suggested Canada should enhance cooperation in regional mechanisms, … [Read more...] about Vietnam expands relations with ASEAN Partners

The website of the German Embassy in Hanoi posted information on July 27, noting that the German representative office “cannot issue a visa for an ordinary Vietnamese passport, the new navy blue form, with a serial number starting with the letter P.” “If you have such a passport you cannot apply for a visa. This is based on the decision of the German domestic authorities,” the note continued. “For those who have already applied for a visa, the Embassy will send a separate notice.” The information immediately caused concern for many Vietnamese people who were planning to travel to Germany or soon plan to visit relatives. Germany stops issuing visas for Vietnam’s new passport, source: baochinhphu.vn Germany is one of the few countries in the Schengen area that restricts the issuance of tourist visas to Vietnamese nationals. Most Vietnamese people have typically cited visiting relatives or taking part in business trips to ensure a high possibility of obtaining a visa. … [Read more...] about Germany stops issuing visas for Vietnam’s new passport

The People’s Court of An Giang Province in southern Vietnam on Thursday sentenced four people to death and one to life in prision for trafficking 34kg of drugs from Cambodia. The death penalty was handed down to Nguyen Thi Bich Diem, Mai Vinh Hau, Huynh Van Tung, and Le Dang Huy. All four were convicted of the illegal transportation, trading, and possession of narcotics. The fifth defendant, Nguyen Do Thanh, received a life sentence in prison for the same offense. The indictment showed that on June 14, 2020, at around 2:30 pm, police in An Giang Province stopped six individuals traveling on two motorbikes who they believed might have entered Vietnam illegally. Three members of the group obeyed officers’ commands, but the others did not and instead led officers on a chase. Officers later found multiple plastic bags containing drugs on their motorbikes, including 10 kilograms of methamphetamine, 20.7 kilograms of ketamine, and 4.08 kilograms of MDMA, commonly known as … [Read more...] about Vietnam court sentences 4 to death for transporting 34kg of narcotics from Cambodia

Vu Trong Tai, general manager of RX Tradex Vietnam, the organizer of METALEX Vietnam 2022 stated, “Despite being impacted by the pandemic, Vietnam's economy has proven its resilience thanks to the adaptable reaction of enterprises and the prompt actions of the government. The changing geopolitical trends and the timely execution of economic cooperation will further strengthen Vietnam’s position. This is a good opportunity for Vietnamese entrepreneurs." Vu Trong Tai, general manager of RX Tradex Vietnam Matsumoto, chief representative of Japan External Trade Organization's (JETRO) Ho Chi Minh office, echoed the sentiment that Vietnam’s standing is improving. "Trade and investment between Vietnam and Japan have made substantial achievements in recent years. According to statistics, 55.3 per cent of enterprises plan to expand their operations in Vietnam during the next one to two years, the highest number in Southeast Asia. In comparison to the rest of Asia, only India, … [Read more...] about METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

The Supporting Industry exhibition 2022 will be also organized at the same time and location as METALEX Vietnam 2022. The exhibitions are organized by RX Tradex Vietnam, in partnership with the Japan External Trade Organization (JETRO) in HCMC, the HCMC for Supporting Industries Development (CSID), and the Investment and Trade Promotion Center HCMC (ITPC). The shows aim to deliver remarkable activities to the Vietnamese metalworking community, such as technology showcases, conferences, welding competitions, technology runways, and business matchmaking. More than 250 brands from 20 countries will attend the exhibitions, including Accretech, Epson, Mitutoyo, Takamaz, Yamaha, Hiwin, LKM, New Century, Delta, Showadenki, and companies from international pavilions of India, Germany, Japan, Singapore, Thailand, etc. METALEX Vietnam 2022 will have attractive programs such as M-TALKS, and factory visit. Attendees can understand deeply the market trends, interact with partners, and … [Read more...] about METALEX Vietnam exhibition 2022 to open in October