Nearly 700 Vietnamese firms eligible for aquatic export to Taiwan
The Taiwan Food and Drug Administration (TFDA) has announced a list of 697 Vietnamese fishery companies meeting the conditions for export to Taiwan (China).
Hanoi (VNA) – The Taiwan Food and DrugAdministration (TFDA) has announced a list of 697 Vietnamese fishery companiesmeeting the conditions for export to Taiwan (China).
This means that 59 more firms have been approved to enterthe list since October 2019.
According to the Vietnam Association of Seafood Exporters andProducers (VASEP), Taiwan is not among the top ten importers of Vietnamese aquaticproducts, but records a stable annual turnover of more 100 million USD.
The value of aquatic products shipped to the economyaccounts for about 1.3 to 1.8 percent of Vietnam’s total fishery exportrevenue.
Vietnam’s aquatic export value reached 405 million USD inFebruary, pushing the figure in the first two months of 2021 to over 1 billionUSD, up 2.2 percent over the same period last year, reported VASEP./.
Exporters should step up trade promotion to boost exports to Taiwan, which imports large volumes of farm produce and processed foods, according to Vietnamese trade officials.
Vietnam and Taiwan (China) boast substantial potential for trade and investment cooperation, especially in building supply chains in production and processing, experts said.
The number of Vietnamese visitors to Taiwan (China) has been growing fast recently, which is partly attributed to Taiwan’s preferential visa policy for tourists from the Southeast Asian nation.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative photo (Source: nongnghiep.vn) 
