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Vietnam, Netherlands bolster plant quarantine cooperation

Vietnam and the Netherlands signed a memorandum of understanding (MoU) on plant quarantine at the Vietnam-Netherlands cooperation forum on fruit and vegetables, held in Hanoi on June 16. Signatories to the MoU were Vietnam’s Minister of Agriculture and Rural Development Cao Duc Phat and Dutch Minister for Agriculture, Sharon Dijksma. …

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Vietnam helps Laos develop financial sector

Vietnam will do its best to help Laos develop its financial, monetary and customs sectors, Deputy Prime Minister Vu Van Ninh has said. At his Hanoi reception for visiting Lao Finance Minister Liane Thykeo on May 15, Deputy PM Ninh confirmed the dispatch of financial and economic experts to Laos …

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KfW may up Vietnam development fund

KfW, the German Development Bank, has targeted a loan commitment of EUR500 million (US$692 million) per year for development projects in Vietnam, up from EUR200-300 million per year over the last two years. “It has not been done yet, but our target depends on the criteria to be met by …

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Trade surplus hits over US$1.08 billion in Q1

According to Vietnam Customs statistics, Vietnam’s trade turnover in the first quarter of 2014 was estimated at US$65.99 billion, up 13.8% compared to last year’s figures. The trade value in the second half of March reached US$13.15 billion, or 12.8% higher than the first half. Foreign direct investment (FDI) businesses earned …

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Norway seeks maritime opportunities in Vietnam

Norway wants to comprehensively cooperate with Vietnam in the maritime industry which is developing rapidly in Southeast Asia, said a Norwegian trade representative. Harald Neavdal, Head of the Maritime and Oil & Gas at Innovation Norway, expressed his desire at a seminar in HCM City on March 18. Terje Lillenes, …

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Vietnam-UK trade up nearly 20%

Vietnam Customs statistics show two-way trade between Vietnam and UK reached a very promising US$4.27 billion in 2013, a year-on-year increase of 19.48%. The value even exceeded the US$4 billion target outlined in their 2010 Strategic Partnership Agreement. Of the total, Vietnamese exports hit US$3.69 billion, up 21.94%, and its …

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Vietnam’s largest European trade partner

Germany is Vietnam’s largest European trade partner, making up 20% of the country’s total trade turnover. Vietnam Customs statistics show Vietnamese exports to Germany last year reached US$4.72 billion, a year-on-year rise of 15.4%. Its major export items include mobile phone handsets and components, footwear, garments, coffee, timber products, seafood, …

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Vietnam see higher trade surplus

While the domestic sector faces a trade deficit of US$13.1 billion, the foreign direct investment (FDI) sector enjoys a trade surplus of nearly US$14 billion as it was mainly focused on manufacturing and assembling products with low added values. Exporting Phone Handsets and Components According to the General Statistics Office …

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Ninth Parkson trade centre opens in Vietnam

Parkson officially opened the Parkson Cantavil Premier Trade Centre, part of the Cantavil Premier complex, in HCM City’s District 2 on December 20. The centre, Parkson’s ninth in Vietnam, has investment capital totalling US$8 million.Parkson Vietnam Director General Tham Tuck Choy said the Parkson Cantavil is tailored to the shopping …

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Vietnam, Guangdong province boost trade ties

More than 40 businesses from China’s Guangdong province explored cooperation opportunities at a seminar in HCM City on December 9. These businesses operate in the fields of agro-aqua-forestry, food, pharmaceuticals, and real estate. In his report, Deputy Minister of Industry and Trade Nguyen Cam Tu noted Guangdong is one of …

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