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maandag 2 juli 2018

Vietnam: Import-export value exceeds US$200 billion

Import-export value exceeds US$200 billion

The total value of the country's imports and exports from the beginning of the year to June 15 is estimated at US$204.72 billion, up 13.2% on the same period last year, according to the latest statistics from the General Department of Vietnam Customs.

The post Import-export value exceeds US$200 billion appeared first on Dutch Business Association Vietnam.

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Forestry exports estimated at US$4.15 billion

The forestry sector earned US$4.15 billion from exports in the first six months of the year, accounting for 46% of the yearly plan and up nearly 8.4% year on year. The US, China, Japan and the Republic of Korea were the four largest importers of wood and wooden products from Vietnam.

The post Forestry exports estimated at US$4.15 billion appeared first on Dutch Business Association Vietnam.

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Legal review for Vietnam-EU FTA concludes

Vietnam and the European Union (EU) have finished the legal review process for their free trade agreement (FTA) and reached agreement on the entire of the bilateral investment protection deal, announced Vietnamese Minister of Industry and Trade Tran Tuan Anh and EU Commissioner for Trade Cecilia Malmstrom.

The post Legal review for Vietnam-EU FTA concludes appeared first on Dutch Business Association Vietnam.

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FDI registered for Vietnam exceeds US$20 billion in H1

Vietnam attracted more than US$20 billion in foreign direct investment (FDI) in the first half of 2018.

The post FDI registered for Vietnam exceeds US$20 billion in H1 appeared first on Dutch Business Association Vietnam.

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Vietnam – investment destination for many French businesses

French businesses have invested in 514 projects with a total registered capital of more than US$2.78 billion in Vietnam since the Southeast Asian nation pursued the Doi Moi (renewal) process, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The post Vietnam – investment destination for many French businesses appeared first on Dutch Business Association Vietnam.

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WHO backs Vietnam's new tax proposal on sugary drinks

World Health Organization (WHO) experts have expressed strong support for a new tax on sugary drinks proposed by the Ministry of Finance. The proposal, which will go into effect in 2019 if passed, will impose a 10% special consumption tax on different type of beverages, including sweetened drinks.

The post WHO backs Vietnam's new tax proposal on sugary drinks appeared first on Dutch Business Association Vietnam.

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Saigon launches major initiative to reduce plastic use in local markets

Saigon authorities have issued plans to multiple municipal departments in hopes of seeing a reduction in the use of plastic bags and products. An initiative has been launched this week aiming to raise public awareness surrounding plastic waste, alongside a phasing out of nylon bags in marketplaces across the city.

The post Saigon launches major initiative to reduce plastic use in local markets appeared first on Dutch Business Association Vietnam.

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Indonesian ride-hailing giant Go-Jek will launch in Vietnam in July as Go-Viet

According to a company statement issued on June 25, the Indonesian ride-hailing giant Go-Jek will launch its service in Vietnam this July under the name Go-Viet. The app will operate in a beta phase with "a select number of drivers and consumers" before its full launch in the upcoming months.

The post Indonesian ride-hailing giant Go-Jek will launch in Vietnam in July as Go-Viet appeared first on Dutch Business Association Vietnam.

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Vietnam's hi-tech path towards top quality agriculture

Despite being a world leading exporter of farm produce, Vietnam has exported 90% of its agricultural products in the form of cheap and low quality raw materials. At present, Vietnamese agricultural products have been exported to around 180 countries, including more fastidious markets such as the US and Australia. Fruit and vegetable exports increased from US$105 million in 2003 to US$3.5 billion last year.

The post Vietnam's hi-tech path towards top quality agriculture appeared first on Dutch Business Association Vietnam.

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Sharp rise in rice exports

Vietnam's rice exports are estimated to have reached 3.56 million tons valued at US$1.81 billion during the first half of this year, up 25% in volume and 42% in value against the same period last year, according to the latest statistics from the Ministry of Agriculture and Rural Development.

The post Sharp rise in rice exports appeared first on Dutch Business Association Vietnam.

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IMF willing to support Vietnam to achieve higher average income

The International Monetary Fund (IMF) hopes it would support Vietnam to become a country with higher average income and even high income in the next decade, said Changyong Rhee, Director of the IMF's Asia and Pacific Department.

The post IMF willing to support Vietnam to achieve higher average income appeared first on Dutch Business Association Vietnam.

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Cement exports record strong growth in H1

Vietnam's cement consumption continued to register strong growth in the first half of this year, especially cement exports, according to the Ministry of Construction.

The post Cement exports record strong growth in H1 appeared first on Dutch Business Association Vietnam.

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Vietnam's agro-forestry and fisheries exports reach over US$19 billion in six months

Vietnam's agro-forestry and fisheries exports were estimated at US$3.45 billion in June, bringing the total figure for the first half of 2018 to US$19.4 billion, up 12% compared to the same period of 2017, according to the Ministry of Agriculture and Rural Development.

The post Vietnam's agro-forestry and fisheries exports reach over US$19 billion in six months appeared first on Dutch Business Association Vietnam.

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