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VIETNAM BUSINESS NEWS JULY 12

VIETNAM BUSINESS NEWS JULY 12
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12/07/2021

09:36
GMT+7
Remittances to HCM City rise by 22.34% in first half of 2021
Remittances to HCM City topped US$3.2 billion in the first half of the year, a 22.34 per cent increase year-on-year.
Nguyễn Hoàng Minh, deputy director of the State Bank of Việt Nam’s HCM City office, said the growth was impressive considering the difficulties posed by the COVID-19 pandemic.
The remittances went mainly into manufacturing and other businesses, and ensure there was no foreign currency supply volatility, he said. ....

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VIETNAM BUSINESS NEWS MAY 5

VIETNAM BUSINESS NEWS MAY 5
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05/05/2021

12:11
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Rubber industry needs to develop production chain
Rubber latex of Quang Tri Rubber Co Ltd. Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets.

Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.
To Xuan Phuc, an expert of Forest Trends said Viet Nam s export of processed rubber has been increasing to many countries. However, Viet Nam s export rubber products must meet many requirements on the export market, including legal issues. ....

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Businesses from Vietnam, Algeria, Senegal seek partnership opportunities | Business

Saturday, September 22, 2018 14:52
Vietnamese Trade Councilor in Algeria Hoang Duc Nhuan (middle) introduces the potential of import-export activities between Vietnam and Algeria and Senegal at the event (Photo: VNA)
Algiers (VNA) – More than 200 businesses from Algeria, Senegal and Vietnam operating
in various sectors joined an online trade exchange among the three countries on
April 5 and 6.
Addressing
the event, Vu Ba Phu, Director of the Vietnam Trade Promotion Agency (Vietrade)
under the Ministry of Industry and Trade, said that in the context that
countries have still closed their borders to prevent the spread of the COVID-19
pandemic, the event is an important activity to foster connections among ....

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VIETNAM BUSINESS NEWS APRIL 6

VIETNAM BUSINESS NEWS APRIL 6
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06/04/2021

12:03
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Vietnamese fruit and vegetable sector targets export revenue of $10 billion

The agricultural sector has determined to improve quality to meet import market standards and achieve the export target of US$10 billion by 2030.
Dang Phuc Nguyen, general secretary of the Viet Nam Vegetables Association, said that new-generation free trade agreements (FTAs) such as the EU-Viet Nam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); or Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year. ....

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Thailand's leading industrial group considers Vietnam top priority market | Business

SCG CEO
Hanoi (VNA) -
Siam Cement Group (SCG), one of Thailand s leading
industrial companies, has earmarked Vietnam as its top priority market in the coming years.
“I think, at this point, Vietnam. Maybe secondly would be
Indonesia,” SCG CEO Roongrote Rangsiyopash said in an interview with the Asia Nikkei Review
when asked about the group s priority markets.
Once a petrochemicals plant comes online in
southern Vietnam, the company anticipates revenue from Southeast Asia excluding
Thailand would rise to 35 percent of the total from the current 26 percent,
he said.
“We have several projects ongoing, some big ones like a
chemicals complex in north Vietnam. That one, fortunately, has had no impact ....

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