Trade – Investment

The Ministry of Science and Technology’s National Office of Intellectual Property has granted the Geographical Indication certificate “Phu Yen” for lobster products.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and the Republic of Korea (RoK)’s Minister of Trade, Industry and Energy Moon Sung-wook co-chaired the 11th meeting of the Vietnam-RoK Joint Committee on trade, industry and energy cooperation and the 5th meeting of the bilateral Joint Committee on implementation of the free trade agreement between the two countries on December 22.

The northern province of Quang Ninh is expected to open to international visitors in the first week of 2022.

(CPV) - Four young talents of SHRIMPP team coming from the Da Nang City became the champion of the GBA Business Challenge - Season 2. The SHRIMPP team won the grand prize VND 240 million to realize their business project of transforming the waste from shrimp processing into high nutritious microbial organic fertilizers.

The two sides agreed to boost cooperation in the agro-forestry-fishery sector; strengthen control of timber import and export activities; and prevent and control diseases on plants and animals.

The Binh Duong provincial People’s Committee has opened an e-commerce platform with the domain name: https://binhduongtrade.vn.

(CPV) – On December 21, the governments of Australia and Vietnam released a strategy to unlock significant opportunities for businesses across the two countries.

The Viet Nam Pangasius Expo, held by the Vietnamese Embassy in Australia, has offered Australian visitors 100 virtual stalls of Vietnamese processed tra and basa (Pangasius) fish products.

Export and import turnover between Vietnam and Cambodia will likely reach 9.3 billion USD in 2021, a 75% increase against 2020, according to the Vietnam Trade Office in Cambodia.

Vietnam is forecast to export about 260,000 tons of pepper in 2021, valued at about 950 million USD, according to the Vietnam Pepper Association (VPA).

Vietnam is focusing on improving inter-regional transport connectivity in order to develop the seaport system.

Vietnam’s SOVICO and India’s HCL Technologies Limited have signed an agreement on sharing and developing business opportunities with a focus on information technology.

Vietnamese iron and steel exports during the opening 11 months of the year enjoyed impressive growth with an export value exceeding US$10 billion, according to figures given by the Vietnam Steel Association (VSA).

Vietnam was the fifth largest supplier of aquatic products for Japan in the first 10 months of this year, data from the Japan Customs show.

A seminar on Vietnam – India trade in farm produce and food processing was held in Hanoi on December 17.

National Assembly Chairman Vuong Dinh Hue highlighted the great potential of bilateral economic, trade and investment ties while addressing the Vietnam – India Business Forum in New Delhi on December 17.

Foreign-invested enterprises have shown optimism about the recovery of Vietnam’s economic and investment climate during a conference on supporting foreign investors to adapt to new normal business situation that took place in Ho Chi Minh City on December 17.

So far, Hanoi has 100% of communes completing new-style rural area construction, according to Mr. Nguyen Van Chi, Permanent deputy chief of the Hanoi Office of New Rural Development Program Coordination.

(CPV) – This is part of the activities of the national program on trade promotion in 2021; practical activities to assist Vietnamese and US businesses to connect and discuss cooperation possibilities and prepare for when the epidemic is under control.

Vietnam’s pepper market share in China’s total imports in the first 10 months of 2021 increased compared to the same period in 2020.

Vietnam’s economy should get back to GDP growth of 6.8 percent next year, which will be driven by a return of strong foreign direct investment (FDI) into the market, mainly focusing on the manufacturing sector, CEO of HSBC Vietnam Tim Evans has said.

(CPV) – More than 1,000 OCOP (One Commune One Product) and regional specialties from 25 provinces and cities have been connected to the system of supermarkets, safe food business establishments, and electronic trading floors in Hanoi and the whole country.

The Vietnam Export Promotion Forum 2021 was held on December 15 in both in-person and virtual forms to seek ways to boost exports for economic recovery.

Cars with less than 16 seats are permitted to be imported into Vietnam through 6 border gate seaports: Quang Ninh (Cai Lan); Hai Phong; Thanh Hoa (Nghi Son); Da Nang; Ho Chi Minh City; and Ba Ria-Vung Tau.

On December 15, THACO Group held a ceremony to export the first batch of 870 semi-trailers to the US market.

Hanoi’s key industrial products in 2021 were honored by the city People’s Committee at a ceremony on December 14. They are high-quality products, applying high technology, bringing in large revenue and being competitive in the market.

An online seminar to promote Vietnam-Germany trade through the EU-Vietnam Free Trade Agreement (EVFTA) has been held in Hanoi .

(CPV) - From 12 to 14 December 2021, a delegation from the Australian Embassy in Vietnam visited northwest Vietnam to meet with local farmers and businesses who are benefiting from Australian-funded projects.

(CPV) – Mr. Pham Xuan Thang, PCC member, Secretary of the Hai Duong Party Committee and Chairman of the Provincial People’s Council, has signed and awarded 4 memorandums of understanding (MoU) on investment cooperation with Korean organizations and businesses.

The exhibition week attracted nearly 85 typical food and food production enterprises of Ho Chi Minh City with 716 items and 4,700 products on display.