In the reviewed period, the country exported goods worth $193.8 billion, surging 21.1 per cent year-on-year. Of the sum, $140.7 billion came from the foreign-invested sector, up 22.8 per cent, while export turnover of the domestic sector witnessed a yearly rise of 16.8 per cent to reach only $53.1 billion.Phones and various devices continued to take the lead among the key export commodities with a value of $41.3 billion in the first 11 months, 30.6 per cent higher than last year’s corresponding period. It was followed by computers and electronics and components with $23.6 billion, up 38.1 per cent, and footwear with $13 billion, up 11.6 per cent.Other staples with positive export turnover included machinery, equipment and parts with $11.5 billion, up 27 per cent; seafood with $7.6 billion, up 18.7 per cent; wood and wooden goods with $6.9 billion, up 10.5 per cent; and fruits and vegetables with $3.2 billion, up 43.1 per cent.According to the department, the US retained its … [Read more...] about Vietnam exports surge 21% this year
Vietnam
Portal on EU market launched for Vietnam exporters
Dinh Sy Minh Lang of the ministry’s European and American Market Department said the portal provides up-to-date information related to EU regulations, tariff incentives, international standards, market trends, products they can sell to the EU, buyers’ perceptions, and sector news.Lăng said “Vietnam’s export window to Europe” database would initially focus on six sectors in which Vietnam enjoys certain advantages: textiles and garments, wood and furniture, fruits and vegetables, aquaculture, leather and footwear, and coffee and tea.At a seminar held to introduce the database on November 29, he said through the database, domestic firms could find out everything they need to do if they want to enter the global distribution network.The portal was developed as part of a programme called “Developing Direct Participation of Vietnamese Enterprises in Foreign Distribution System up to 2020” that was approved by the Government in 2015.The programme … [Read more...] about Portal on EU market launched for Vietnam exporters
Coffee supply steady in Vietnam, Indonesia premium rises
The continuing harvest kept coffee bean supply steady in Vietnam, the world's second biggest producer, while trading in Indonesia remained subdued on low stockpiles, traders said on Thursday.Vietnamese farmers have been ramping up their harvest of coffee beans in the Central Highlands, the country's coffee belt. Traders said the weather had been supportive.Farmers in Daklak, Vietnam's main coffee growing province, were offering coffee beans at a price range of 37,100-37,700 dong ($1.63-$1.66) per kg, widening from a range of 37,300-37,500 dong a week earlier, traders said.Vietnam's 5 percent black and broken grade 2 robusta was traded at a discount of $50-$65 per tonne to the ICE March futures contract , expanding from a $40 discount a week earlier, traders said.Falling London prices kept farmers from releasing too many beans into the market but supply was still enough for buyers, said Phan Hung Anh, a deputy director of Anh Minh Co based in Daklak, adding demand had been quite … [Read more...] about Coffee supply steady in Vietnam, Indonesia premium rises
Vietnam, Polish airlines ink cooperation agreement
Vietnam Airlines and LOT Polish Airlines have signed a cooperation agreement to bring more benefits and travel options to their passengers. The two airlines reach the cooperation agreement on November 30. (Credit: Vietnam Airlines) The signing ceremony took place as Polish President Andrzej Duda visited Vietnam this week.Under the agreement, passengers can buy tickets from Vietnam Airlines or LOT to make the journey between Hanoi/Ho Chi Minh City and Warsaw, Poland via the transshipment points of Paris, Frankfurt, Moscow and London. Vietnam’s national flag carrier will carry passengers between Vietnam and these transit points, while LOT will transport passengers between these transit points and Warsaw.From Warsaw, passengers can continue their journey on LOT flights to many other Polish and European destinations.The cooperation agreement also gives passengers preferential rates when buying tickets from Vietnam Airlines or LOT, compared to the purchase of tickets for each … [Read more...] about Vietnam, Polish airlines ink cooperation agreement
“Vietnam – France: 100 Years of Heritage” seminar to be held in Hanoi
With the mission of preserving the mutual heritage of the two countries – which include the archives from the time of French colonialism in Vietnam – the Inter-ministerial Service of the Archives of France (SIAF) and the State Records Management and Archives Department of Vietnam have effectively collaborated to promote this valuable archives. The seminar aims to share with the audience the journey of preserving this heritage and the cooperative perspectives from both Vietnam and France.The Institut Français is a French public industrial and commercial organization (EPIC). Started in 1907 by the Ministry of Foreign Affairs for promoting French, francophone as well as local cultures around the world, in 2011 it replaced the CulturesFrance project as the umbrella for all French cultural outreach projects, with an expanded scope of work and increased resources.Chaired by Bruno Foucher, who is assisted by Anne Tallineau, Deputy General manager, and Clément … [Read more...] about “Vietnam – France: 100 Years of Heritage” seminar to be held in Hanoi