Opportunities to export plastics materials to Turkey

In recent years, Vietnam’s export turnover of plastic materials to Turkey has experienced high growth. The country earned US$7.1 million from exporting plastics in 2011 and US$20.7 million in 2013, 191.5% higher than 2011. Yet, in the first four months of this year the nation earned just US$7.4 million, down …

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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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Building investors stall payment of sinking funds

Executive committees and residents of serviced apartment buildings are desperate to collect sinking (or maintenance) funds from investors, who are stalling on the issue. The 2005 Housing Law states that a customer must pay an amount equal to 2 per cent of the purchased apartment towards maintenance funds. The fund …

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Timber exports to hit US$10 bln by 2020

Wood and timber product exports are expected to hit US$10 billion by 2020, according to an action plan for developing the wood market, approved by the Ministry of Agriculture and Rural Development (MARD). Nguyen Ton Quyen, General Secretary of the Vietnam Timber and Forest Products Association (Vietfores), believes Vietfores will …

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Dung Quat EZ calls for investment worth US$2 billion

The Dung Quat Economic Zone (EZ) in the central province of Quang Ngai will intensify investment promotion in 2014-15, aiming to attract an additional 10-15 projects, with total registered capital of US$2 billion. Pham Nhu So, vice chairman of the Quang Ngai provincial People’s Committee, who is also head of …

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VietJet Air gives travelers new HCM city-Singapore route

Vietnamese budget carrier VietJet Air announced on May 23 that it is expanding service to provide travelers new convenient same-day round-trip flights connecting Ho Chi Minh City and Singapore. From May 23 onward the airline will be offering an additional 2,520 passenger seats per week on seven daily flights departing …

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Vietnamese products seek market niche in Europe

A week of Vietnamese products will be held at Metro supermarket chain in Berlin, Germany in late June and at Casino Group’s Big C supermarket chain in France in September. Dang Hoang Hai, head of the European Market Department says the week is part of a Government initiative, aiming to …

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US imposes anti-dumping tax on Vietnam’s steel pipe

The United States has levied duties on stainless steel pressure pipes imported from Malaysia, Thailand and Vietnam after finding the products had been sold at unfairly low prices. Reuters reported that the US Department of Commerce decided to introduce duties as high as 167.1% for some products from Malaysia. The …

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