VIETNAM BUSINESS NEWS Rice exports enjoy opportunities for breakthrough in 2021 High hopes are pinned on Vietnam’s rice exports in 2021 when major export markets such as the Philippines and Africa continue to sign contracts to buy rice from Vietnam, while many others have great demand for fragrant rice and sticky rice – which are advantageous staples of Vietnamese enterprises. The bilateral and multilateral free trade agreements between Vietnam and other countries such as the EU-Vietnam and the UK-Vietnam FTAs with preferential tariffs would create favourable conditions for Vietnamese rice to compete with that from rival countries, the Vietnam Food Association said. According to the Vietnamese Trade Counsellor in the UK Nguyen Canh Cuong, rice shipments to the country this year will sharply rise against 2020. He added more UK firms will purchase Vietnamese rice under the UK-Vietnam FTA, creating a chance for Vietnamese rice to expand its market share in the UK this year. In 2019, rice exports from Vietnam to the UK had a leap forward with a turnover growth of 376 percent. That meant the UK has great potential as a rice export market for Vietnam. In order to tap into the advantages under FTAs, rice export giants such as Intimex JSC, Loc Troi Group, VRICE Co, Trung An High Technology Agriculture JSC are planning to seek new customers in markets where Vietnam had signed FTAs, especially in the UK. The Ministry of Industry and Trade said it would provide rice export firms with information about the market demand situation in a timely manner while implementing trade promotion activities to help Vietnamese rice exporters better access customers. Detailed information about the regulations and barriers under these FTAs’ commitments will be also offered by the ministry so that businesses can improve their understanding and draw up suitable business plans. As part of its efforts to facilitate Vietnam's rice exports, the VAF has built up online sales …
Womens rights are human rights speech
VIETNAM BUSINESS NEWS FEB. 28
Export value skyrockets over Lunar New Year Vietnam's export turnover during this Lunar New Year saw breakthrough growth, occupying nearly half of the total export-import turnover. The latest data published by the General Department of Vietnam Customs showed that export volume over the seven days (February 10-16) of the Lunar New Year holiday reached $730 million, rising 79 per cent on-year and accounting for about 44 per cent of the $1.67 billion export-import turnover. The main export articles include mobile devices and components valued at $332 million; computer and electronic products worth $251 million. The two categories accounted for 80 per cent of the total export value. This Lunar New Year saw exports going to 80 markets, seven more than last year. China continues to be the leading export market with a value of $189 million (26 per cent). Following are the US ($152 million), South Korea ($67 million), and Hong Kong ($57 million). According to statistics from the General Department of Vietnam Customs, there were 960 import-export businesses, up 59 per cent on-year. Nevertheless, importers still outnumbered exporters with an import turnover of $940 million, up 37 per cent on-year. Thus, from early this year to February 16, the total export-import turnover reached $74.51 billion, up 31 per cent on-year. Of this, exports hit $38.57 billion, up 36 per cent on-year while imports reached $35.94 billion, up 26 per cent, resulting in a trade surplus of $2.63 billion. Drug market forecast to grow by 15 per cent in 2021 The pharmaceutical industry grew by just 2.8 per cent last year, much lower than its average 11.8 per cent growth in the last five years. It is expected to recover and grow by 15 per cent this year, mainly due to a rapidly ageing population and increasing incomes, analysts at SSI Securities Corporation said. Last year there was a short supply of active pharmaceutical ingredients from China and India due to social distancing and …
A glance at Iran’s glorious achievements in the post Islamic Revolution era
To mark the 42nd anniversary of the Victory of the Islamic Revolution of Iran (February 11) Việt Nam News introduces a story by Ali Akbar Nazari, Ambassador of Iran February 1-11 are unforgettable days in the history of our great nation, Iran. They are the days of the victory of the Islamic Revolution with the participation of all strata of society under the leadership of Imam Khomeini. Forty-two years ago, on February 11, 1979, the Iranian people established their religious democracy and chose a new political system based on independence relying on the two principles of republic and Islam. A system which defined international relations on the basis of compliance with international laws, non-interference in the internal affairs of other countries and mutual respect based on the three-pillar foreign policy of dignity, wisdom and expediency following the logic of dialogue and emphasising respect for human dignity and co-operation to achieve universal prosperity, peace, stability and security. Azadi Tower, the most iconic landmark and symbol of Tehran - the capital of Iran. Photo courtesy of the embassy Over the past 42 years, Iran has sprung up in all dimensions one after another. Globally speaking, being among a few countries in the field of science production, nuclear and satellite technology, ranking fourth in nanotechnology, fifth in drone manufacturing, fifth in cyber power, ninth in access to space, third in converting gas to gasoline, fourth in bioethanol production, first in attracting medical tourists in the region and having the largest shipbuilding pools in the Middle East all reflect Iran’s success in the past four decades. Of course, Iran’s huge progress was not to the liking of enemies and they tried in every possible way to create obstacles from imposing maximum pressure on Iran in military, economic and political ways to the assassination of significant military and scientific figures such as General Soleimani, the …
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