Vietnamese fruits introduced at festival in China’s Tianjin city
Nine Vietnamese fruits, namely durian, mangosteen, mango, dragon fruit, longan, pineapple, water melon, banana, and jackfruit, are being displayed at a festival which takes place in Tianjin city of China.
Beijing (VNA) – Nine Vietnamese fruits, namely durian, mangosteen, mango, dragon fruit, longan, pineapple, water melon, banana, and jackfruit, are being displayed at a festival which takes place in Tianjin city of China.
Addressing the event, Ambassador Pham Sao Mai stressed that this is one of the specific activities to effectively realise the common perception of high-ranking leaders of the two Parties and the two countries on strengthening bilateral economic and trade cooperation, contributing to promoting the Vietnam - China comprehensive strategic cooperative partnership.
Statistics of the General Department of Vietnam Customs showed that as of November 2022, trade between Vietnam and China hit 162.2 billion USD, up 8% year-on-year. Vietnam continues to top the list of the largest trading partners of China in ASEAN, and ranks sixth in the world.
෴ According to China’s General Administration of Customs, the country spent 1.39 billion USD on importing fruits from Vietnam in the first 11 months of 2022, up 44.4% year-on-year.
These results have significantly contributed to boosting the bilateral trade ties, the ambassador said.
Tianjin is a gateway of Northeast China, which has great demand for agro-aquaculture products and tropical fruits – a strength of Vietnam.
The embassy will continue to serve as a bridge, thus supporting and promoting exchange and cooperation between Vietnamese localities and Tianjin in the coming time, Mai added.
For his part, Deputy Mayor of Tianjin Yang Bing said Vietnamese fruits are very popular with Chinese people. | 💝 He stressed that the municipal administration will create favourable conditions for foreign businesses, including those from Vietnam, to expand their market in China, thus further boosting the bilateral trade ties.
At the event, the two sides’ businesses signed cooperation agreements on fruit import-export./.
Many Vietnamese fruits are getting final negotiation steps done to enter new markets, with passion fruit approved by China and green-skin pomelo on the way to the US.
To help take Vietnamese lychee exports to the next level, a seminar entitled “Vietnamese lychees go global” was held in Hanoi to support and promote the global brand name of the popular Vietnamese fruit.
A number of fruits grown in Vietnam have successfully entered high value and challenging markets and the country is constantly seeking ways to beef up its economic power via fruit exports.
Vietnamese fruit and vegetable exporters need to further enhance deep processing and diversify their export markets to avoid risks when major export markets face difficulties, the Asia-Africa Market Department said.
In 2023, the agricultural sector will promote negotiation to open more foreign markets for local farming commodities, said Hoang Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development (MARD).
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.