Category Archives: Uncategorized

Vietnam rice exports may top record by 20pct this year

Rice exports from Vietnam, the world’s second-biggest shipper, may exceed the previous record by 20 percent this year, even as the total value of exports is forecast to drop.

Shipments are expected to be 6 million to 6.2 million metric tonnes, minister of Industry and Trade Vu Huy Hoang told the National Assembly in Hanoi today. [...]

Sourcing In Vietnam in Expansion Mode - Recruiting more staff

Sourcing in Vietnam is looking to hire a high calibre Senior Procurement (Factory Sourcing) Manager to be responsible for factory and component sourcing In Vietnam.
The candidate needs the following skills:
· Work well on their own or as part of a team
· Vendor management and price negotiation
· Develop policies, guidelines and procedures for improving [...]

Vietnam Association Raises 2009-10 Coffee Output Forecast

A Vietnam Coffee and Cocoa Association official said Monday the country’s coffee output for the 2009-10 crop year to Sept. 30 won’t fall as much as it previously expected, bringing its forecast in line with those of most market participants.
The latest estimate is for a 10%-15% drop in output from last year, mainly because of [...]

Investment, trade with Finland to be increased

Prime Minister Nguyen Tan Dung and Finnish Prime Minister Matti Vanhanen yesterday agreed to enhance trade and investment activities to increase two-way trade turnover to US$1 billion in the next few years.
The agreement was reached at a meeting hosted by PM Dung in Ha Noi on the occasion of PM Vanhanen’s [...]

Vietnam becomes Thailand’s 4th largest trade partner

Vietnam becomes Thailand’s fourth biggest trade partner within the ASEAN bloc after Singapore, Malaysia and Indonesia in the first nine months of this year.

Trade between Vietnam and Thailand stood at $4.2 billion during the period, including Vietnam’s exports worth over $1 billion, according to the Thai Commerce Ministry.

Vietnam’s key exports to Thailand were electronics, crude [...]

Vietnam’s Apparel Export to the US and Eu drop

Vietnam Textile and Garment Association (Vitas) has reported that the country’s apparel export in first ten months to two major markets US and Europe Union fell 4.5 percent and 3.5 percent correspondingly compared with the same period of 2008.
The falls are acceptable when the total demand of both markets slumped 11-13 percent year-on-year, according to [...]

Foxconn steps back from projects

The world’s largest electronic outsourcing manufacturer is delaying its massive investment plans for Vietnam due to global economic recession.
Vu Due Quyet, director of Bac Ninh Industrial Zones Authority, said Taiwan’s Foxconn had done nothing to pursue its hi-tech industrial park and township project in Bac Ninh province, 30 kilometres north of Hanoi. Two years ago, [...]

Asian Coffee Prices Steady; Harvest in Vietnam Delayed

Coffee prices in Asia were steady in the week to Friday, with little new crop traded in Vietnam, as an earlier typhoon delayed the ongoing harvest.
“The harvest has been delayed by Typhoon Mirinae. It may take another 10 days for the beans to arrive,” said a trader at an agricultural commodities trading house in Vietnam.
Cash [...]

Vietnamese businesses flock to Malaysian trade fair

Almost 30 businesses from Vietnam attended Intrade Malaysia 2009 in Kuala Lumpur, which wrapped up on Nov.12, to seek more contracts from its top ten importer.
At the three-day event, Vietnamese businesses sought contracts in a large number of industries, ranging from general trade to construction and building materials, foods and foodstuffs, drinks, tourism, information technology, [...]

PM okays Vietnam-Kazakhstan investment agreement

Prime Minister Nguyen Tan Dung has approved a mutual investment encouragement and protection agreement between the Governments of Vietnam and Kazakhstan.
The agreement is one of the seven cooperation documents signed during PM Dung’s official visit to Kazakhstan in mid-September 2009.
According to the PM decision, the Ministry of Planning and Investment will be responsible for guiding [...]