PM orders assistance to peppercorn exporters in trouble
Prime Minister Pham Minh Chinh has ordered assistance to firms at risk of losing their farm produce shipments to the United Arab Emirates (UAE) market.
A number of online new outlets, including vtv.vn, tuoitre.vn, and tienphong.vn, have been running articles on the risk that some business members of the Vietnam Pepper Association (VPA) are facing of losing their shipments to UAE due to a commercial fraud.(Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh has ordered assistance to firms at risk of losing their farm produce shipments to the United Arab Emirates (UAE) market.
In a freshly signed dispatch, the PM has assigned the Ministry of Foreign Affairs to coordinate with the ministries of Trade and Industry (MoIT), Justice, Agriculture and Rural Development (MARD), Transport, and the State Bank of Vietnam; and to direct the Vietnamese Embassy in the United Arab Emirates to work closely with the host country’s competent agencies on a case involving four lost containers of agricultural products.
A number of online new outlets, including vtv.vn, tuoitre.vn, and tienphong.vn, have been running articles on the risk that some business members of the Vietnam Pepper Association (VPA) are facing of losing their shipments of peppercorn, cinnamon, star anise, and cashews to UAE due to a commercial fraud.
The dispatch stressed those concerned must come up with measures ensuring the legitimate rights and interests of Vietnamese enterprises in accordance with international law and local regulations. A report on the outcomes of the work must be submitted to the PM before August 5. In the meantime, a proposal must be made to the UAE side to apply urgent measures to protect a star anise container of a Vietnamese enterprise at the nation’s Jebel Ali Port.
The document wrote it is also necessary for the MoIT to join the association and representative agencies of Vietnam overseas in advising firms to regularly provide information to relevant authorities for verification and thorough assessment of foreign partners before entering into trade agreements.
The MARD, meanwhile, is tasked with promoting the establishment of cooperative associations between Vietnamese agricultural export enterprises and UAE import-distribution businesses, creating a mechanism for cooperation and information exchange to prevent fraudulent activities and resolve trade disputes./.
Vietnam always considers the United Arab Emirates (UAE) as one of its most important partners in the Middle East, Minister of Industry and Trade Nguyen Hong Dien told Ambassador of the UAE to Vietnam Bader Almatrooshi at a reception for the diplomat on May 19 in Hanoi.
The formation of long-term cooperation frameworks such as Comprehensive economic partnership agreement (CEPA) between Vietnam and United Arab Emirates (UAE) will provide the necessary foundations for the two sides to promote future cooperation, a Vietnamese official has said.
Minister of Foreign Affairs Bui Thanh Son and his visiting counterpart from the United Arab Emirates (UAE) Sheikh Abdullah bin Zayed Al Nahyan highlighted ample room for the nations to further beef up their cooperation during their talks in Hanoi on June 14.
The UAE Ambassador to Vietnam, Bader Almatrooshi, grants an interview to the Vietnam News Agency on the development of bilateral ties over the past 30 years and prospects of the relations in the new period on the occasion of the 30th anniversary of the establishment of diplomatic ties (August 1, 1993-2023).
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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.