Vietnamese Ambassador to India Pham Sanh Chau (L) visits Vietnam's booths (Source: VNA) New Delhi (VNA) – Vietnamese businesses are displaying their products and services at the 38th India International Trade Fair (IITF 2018) in New Delhi, India which opened on November 14. Via their participation, they expected that the fair will match them with potential partners as it brought together over 1,000 Indian and foreign businesses. Ambassador of Vietnam to India Pham Sanh Chau attended the opening ceremony of Vietnamese booths at the fair. IITF is the largest annual fair in India, trading multi-products, like consumer goods, processed food, apparels, footwear, décor products, fine arts articles, cosmetics, electronic-telecom devices, finance-banking services, and tours. At the 2017 event, Vietnam was chosen as a “counterpart country”. It is running through to November 27. Vietnam’s export turnover to India in the first nine months of 2018 hit 5.1 … [Read more...] about Vietnamese businesses showcase products at Indian fair
Vietnamese businesses
20 Vietnamese businesses to attend Gulfood 2019 in Dubai
The annual event hosts 120 pavilions from more than 5,000 businesses worldwide. The 5-day event expects to attract 90,000 visitors on business from more than 170 nations and offers the perfect platform for Vietnamese businesses in the food and beverage industry to integrate with their global counterparts. For this year’s event in Dubai, the Trade Promotion Centre for Agriculture under MARD has been assigned to organize the pavilions belonging to Vietnamese businesses taking part in the Gulfood 2019 trade show. At present a total of 20 prestigious export businesses have registered for the event, including Vietnam Dairy Products Joint Stock Company (Vinamilk), Hanoi Trade Joint Stock Corporation (Hapro), Vietnam Hanfimex Coporation, Tan Vuong Food Company Limited and Hoang Son 1 Joint Stock Company. Vietnamese stalls in the venue are expected to promote Vietnamese products to an international audience. … [Read more...] about 20 Vietnamese businesses to attend Gulfood 2019 in Dubai
Vietnamese businesses still fumbling on the way to AEC market
VietNamNet Bridge - Though the door to the ASEAN market has opened wide with the formation of the ASEAN Economic Community (AEC), Vietnamese goods still cannot approach it. Vietnamese businesses are still fumbling on the way to AEC market With 630 million consumers and US$2.55 trillion in 2016, expected to become the fourth largest economy in the world by 2030, AEC is believed to bring great opportunities to regional enterprises, according to Nguyen Thi Tue Anh, deputy head of the Central Institute of Economic Management (CIEM). According to the HCMC Industry and Trade Department director Pham Thanh Kien, to date, Vietnam has slashed import tariffs for 10,000 tax lines to 0-5 percent within the framework of ATIGA (ASEAN Trade in Goods Agreement), or 98 percent of total tax lines. The ATIGA membership allows Vietnamese enterprises to have bigger opportunities to export their advantageous products such as agricultural, forestry and seafood products. In the first nine months of … [Read more...] about Vietnamese businesses still fumbling on the way to AEC market
Vietnamese businesses upbeat about trade
Vietnamese enterprises are among the world’s most optimistic about international trade prospects and most confident when it comes to succeeding in the current environment. (Photo: tinnhanhchungkhoan.vn) HCM City (VNS/VNA) - Vietnamese enterprises are among the world’s most optimistic about international trade prospects and most confident when it comes to succeeding in the current environment, according to an HSBC report. Ninety-one percent of Vietnamese respondents, compared with 75 percent globally, believe the outlook for trade is favourable despite geopolitical factors which are curbing enthusiasm elsewhere. They cited “a favourable economic environment, decreasing costs of shipping, logistics and storage, and an increasing demand for their products as the top three drivers of trade growth”. In addition, 91 percent believe they will succeed in the current environment, compared to 81per cent of businesses globally. Consumer … [Read more...] about Vietnamese businesses upbeat about trade
Vietnamese businesses attend 6th India International Silk Fair
Ambassador Pham Sanh Chau and delegates at the fair (Photo: VNA) This is a specialized fair for silk apparel and home furnishings organized by the Indian Silk Export Promotion Council, under the auspices of the Ministry of Textiles and the Ministry of Industry and Trade of India. The fair attracted the participation of 120 leading silk producers of India and 250 businesses from places around the world, such as Brazil, France, Germany, Italy, Spain, Denmark, Portugal, Sweden, the US, Africa, South Asia, Southeast Asia, Japan, the Republic of Korea and Vietnam. Besides displaying and introducing products including silk fibers, all kinds of fibers, silk fabrics, accessories, towels, silk carpets, silk interior decorations, clothes, etc., meetings between businesses to exchange trade, between sellers and buyers, fashion shows and seminars are also organized during the fair. As many as 21 Vietnamese businesses from the Vietnam National Textile and Garment Group, Investment - Trade Promotion … [Read more...] about Vietnamese businesses attend 6th India International Silk Fair