Vietnam is emerging as a key destination in the future business strategy of enterprises from the Republic of Korea (RoK), a survey has shown.
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In the first 7 months of the year, Vietnam held the position of Singapore’s 11th largest trading partner, with two-way trade turnover of about 16.8 billion SGD.
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“Green economy” is simply defined as an economy with low emissions and efficient and economical use of natural resources.
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The coffee industry must take action immediately to prevent forest loss and avoid another “yellow card” warning from the EU as with the fisheries sector over illegal, unreported and unregulated (IUU) fishing, said Director of the National Agricultural Extension Centre (NAEC) Le Quoc Thanh.
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The Department of Animal and Plant Health Inspection Service (APHIS), the US Department of Agriculture has just issued a written notice on allowing Vietnam to export coconuts to this market. Accordingly, the US requires that fresh young coconuts from Vietnam exported to the US market must be peeled off the entire green shell and at least 75% of the coir.
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Vietnam and the US held a meeting of the Timber Working Group, set up to carry out the two Governments’ Agreement on Illegal Logging and Timber Trade, in Washington DC on August 22 - 23.
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The EU-Vietnam Free Trade Agreement (EVFTA), which has been effective for three years, has generated positive results, reflected by a record in the trade between Vietnam and the EU, including Germany, according to Dr. Daniel Müller, Regional Manager for ASEAN at the German Asia-Pacific Business Association.
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Vietnam's foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
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Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.
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About 91% of German companies are planning to expand their investment in Vietnam, according to a survey conducted by the Delegation of German Industry and Commerce (AHK) in Vietnam.
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