Trade – Investment

The Vietnamese Products Week 2023 was opened on June 23 in Japan’s Saitama Prefecture and all supermarkets and retail stores of the Aeon network in the country.

Vietnamese Ambassador to Iran Luong Quoc Huy recently attended the Iran International Food and Agriculture Exhibition 2023 (Agofood) taking place from June 16-19 and visited the exhibition booth of the National Iranian Date Association.

Automechanika Ho Chi Minh City – a leading regional trade fair for automotive services - kicked off on June 23 in Ho Chi Minh City with the participation of over 460 exhibitors from 20 countries and territories.

The first batch of fresh lychee in the 2023 crop of Bac Giang province was brought by air to Houston, Texas (the US).

Seafood export turnover in May reached over USD809 million, the highest since the beginning of the year, showing that the market is presenting signs of getting better.

More than 30 years after Vietnam and the Republic of Korea (RoK) established diplomatic relations, the two countries have become each other's leading and important partners in many fields. In December 2022, the two countries officially upgraded their relationship to a "comprehensive strategic partnership", in which the economy is the most important field.

A series of Vietnamese agricultural products have created a foothold in Gulf markets, especially seedless lemons.

In the first 18 days of June, Vietnam exported 11,305 tons of pepper, worth USD41.1 million, of which, China continued to be Vietnam's main market, reported the Vietnam Pepper Association.

In the first 5 months of this year, Vietnam exported more than 6,400 tons of star anise, equivalent to over USD39 million, up 129% in volume and 202% in value from the same period last year.

The signing of the Protocol to export durian to China has contributed to bringing the export result of this item in the first five months of 2023 to exceed the previous year by nearly a hundred million USD.

According to the Hai Phong Economic Zone Authority, from June 15 to 18, the delegation of Hai Phong city led by Secretary of the City Party Committee Le Tien Chau continued to organize investment promotion in Japan.

Over one tonne of seedless lychees grown by Ho Guom - Song Am High-tech Agriculture Co., Ltd in Thanh Hoa province have beenexported to Japan and the United Kingdom .

The first batch of Vietnamese seedless lychees arrived in the UK on June 16, becoming the fourth specialty fruit of Vietnam exported via the official channel to the demanding market this year.

A delegation of Hai Phong city led by Secretary of the municipal Party Committee Le Tien Chau paid a working trip to the Japanese prefecture of Chiba on June 16.

A seminar was held in Can Tho on June 17 to call for Japanese investment in spheres where the Mekong Delta city has demands.

The Cuu Long (Mekong) Delta province of Ben Tre is expanding the development of value chains for key agricultural products.

Over 2,000 booths from more than 500 exhibitors, including many famous brands from across the world joined in the International Exhibition for Construction, Building Materials, Housing and Interior Decor (Vietbuild) opened in Ho Chi Minh City on June 14.

Prosecutor General of the Supreme People's Procuracy of Vietnam Le Minh Tri has described businesses as particularly important entities, contributing to the economic stability and development, generating jobs for people and paying taxes to the national budget.

The 17,943-tonne container ship Ever Chaste from the Hai Phong port docked at the Republic of Korea’s Ulsan port on June 15, marking the opening of a new regular container shipping route between the two ports.

Leaders of the Quang Ninh Provincial People's Committee recently had a working meeting with Tamagawa Seiki Co., Ltd (Japan) led by Mr. Yasuo Hagimoto, the company's President, on a new investment project in Song Khoai Industrial Park.

Vietnamese Company Ca Men and LNS International Corporation (LNS) recently signed an agreement on exclusive distribution for Ca Men-branded powdered snakehead fish porridge and other packaged products in the US market.

Japan's Meiko Group has recently worked with the leaders of Hoa Binh province on the proposal of an investment project in a factory producing all kinds of electronic circuits in Da River Left Bank Industrial Park in Hoa Binh city.

According to the Management Board of Hai Phong Economic Zone, from June 11 to 14, the delegation of Hai Phong city promoted investment in the Republic of Korea (RoK) and signed an investment cooperation agreement worth USD1.5 billion.

In the first 4 months of 2023, tuna exports to Mexico reached nearly USD7.4 million, up 44% from the same period in 2022, making Mexico Vietnam’s 8th largest tuna importer, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Two-way trade turnover between Vietnam and Kazakhstan has increased by about 3 times compared to the level before the Vietnam-EAEU Free Trade Agreement was signed.

The export of lychees from Vietnam to high-value markets has very positive signals, the Plant Protection Department under the Ministry of Agriculture and Rural Development has reported.

Vietnamese instant noodle products imported into the European Union (EU) market will not be required of certificates of food safety inspection issued by Vietnam’s authorised agencies from June 27.

Plum grown in the northwestern province of Son La will be served on in-flight meals on Vietnam Airlines flights.

Around 200 exhibitors from Vietnam and around the world will participate in Vietnam International Industry Show 2023 which is scheduled to take place at Hanoi International Centre for Exhibition (ICE Hanoi) from June 28 to 30.

A shipment of 30 tonnes of fresh lychees from Bac Giang northern province’s Luc Ngan district has been firstly exported to China via the Kep international intermodal rail terminal.