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 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 [...]
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 [...]
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, [...]
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Posted 14 November 2009
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Also tagged: building materials, construction, drinks, foods, foodstuffs, industrial equipment, machinery, Malaysia, Singapore, Southeast Asia, Thailand, vietnam
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 [...]
Vietnam’s Dien Quang Lamp Joint Stock Company and Pdvsa Industrial S.A Company of Venezuela have inked an agreement on the production of energy compact bulbs.
Under the framework of the agreement, the two companies will establish a joint venture named Vietven Iluminaciones, S.A plant to build Venezuela’s first plant making energy saving with an investment of [...]
The Doosan Heavy Industries Vietnam Company on Nov. 13 shipped its first batch of desalination equipment worth 40 million USD to the United Arab Emirates (UAE).
The equipment, the first of its kind to be manufactured by a company in Vietnam , weighs 4,000 tonnes and measures 10.6m in height, 29.2m in width and is 100.4m [...]
Vietnam will likely reach another government-to-government rice export contract as the Indian government has announced to buy two million tons of rice from Vietnam and Thailand.
Though foreign newspapers reported that India needed two million tons of rice, the Indian Agency of Foreign Affairs has asked the Vietnam Food Association (VFA) to export up to three [...]
The apparel and textile industry in Vietnam has overtaken crude oil as that country’s No. 1 export.
During the first 10 months of this year, Vietnam shipped $7.5 billion in apparel and textiles to primarily the United States and Europe, according to the Vietnamese General Statistics Office.
The Vietnamese government is now predicting that the apparel export [...]
Vietnam has been ranked the fifth largest rubber exporter in the world however; limitation in producing rubber products resulted in the reduction in adding value to these products.
Tran Thi Thuy Hoa, general secretary of Vietnam Rubber Association (VRA) stated that in 2005, the government issued Decision No 243?QD-TTg regulating about developing rubber trees, with the [...]