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Vietnam, UK boost trade, energy cooperation
Thursday, 2021-02-04 15:45:42
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NDO/VNA – Deputy Minister of Industry and Trade Dang Hoang An recently had a working session with UK Ambassador to Vietnam Gareth Ward to discuss bilateral cooperation in trade and energy.
Both sides said with delight that the UK-Vietnam Free Trade Agreement (UKVFTA), which took effect on January 1, will create a new driving force to lift bilateral trade and investment ties.
Last year, two-way trade hit US$5.6 billion despite the COVID-19 impact, US$4.95 billion of which was Vietnam’s export. The UK remained the third biggest export market of Vietnam in Europe.
The rice storage of Song Hau Food Company in Can Tho city. (Photo: VNA)
Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted
to export rice as of January 18, following a list released by the
Ministry of Industry and Trade’s
Per
the list, the Mekong Delta City of
Can Tho saw the highest number of
licensed rice exporters at 43. Ho Chi Minh City ranked second with 38
eligible
rice exporters, followed by the southern provinces of Long An, An
Giang and Dong Thap at 25, 20 and 18, respectively.
Other localities
with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with
Illustrative photo. (Source: VNA)
Hanoi (VNA) - The Government has been urged to develop a legal
framework for the Small- and Medium-sized Enterprises (SMEs) Development Fund in
terms of direct lending, in addition to trust and in
direct lending services
provided through commercial banks, to provide broader access to soft loans by
According to the Ministry of Planning and Investment, since the fund was
put into operation more than three years ago, it has helped SMEs enhance their operational
effectiveness, increase profits, and create more jobs. Many firms have paid off
loans early.
The fund was established by the Government in 2013 with a charter