Vietnam's exports of non-alcoholic drinks grow impressively in Australia
Vietnam's exports of non-alcoholic drinks to Australia rose 59 percent in the first half of 2021, with the products (excluding canned coffee) reeling in over 9.5 million USD in revenue.
Sydney (VNA) – Vietnam's exports of non-alcoholicdrinks to Australia rose 59 percent in the first half of 2021, withthe products (excluding canned coffee) reeling in over 9.5 million USD inrevenue.
The outcome was attributed to efforts made by theVietnamese Trade Office in Australia and Vietnamese enterprises.
Particularly, Fujiwa alkaline ion drink producedby Fujiwa Vietnam have secured a foothold in the Australian market, with the first four importedcontainers of 160,000 bottles sold out in a short time.
As the Vietnamese Trade Office has identified consuming health-relatedgoods as an emerging trend in Australia, it is working with Australianimporters and big distribution chains like Coles and Costco to introduce the iondrink product in hope of pushing its import volume to over 100 containers ayear.
The bottled coconut water segment in Australia, dominated bylow-priced Thai products, has recently seen Vietnamese products available in manylarge retail chains. 100 percent-purecoconut water brand Cocoxim produced by Ben Tre Import and Export Joint StockCorporation (Betrimex) has recorded good sales and strong impression so far.
As a result, the office is coordinating with Philinh Ptycompany as an exclusive distributor in New South Wales, to promote the 100 percent-pure coconut water to enhance the value of the brand.
Canned coffee products from Vietnamese brands King Coffee andMeet More are also warmly welcomed by Australian consumers.
Meanwhile, the export value of Vietnamese mixed fruit and vegetabledrinks grew by more than 50 percent to reach 564,000 USD.
In particular,non-fermented fruit juice products saw a growth of 57 percent to rake in 7.9million USD. Pineapple water exports grew by 203 percent for a turnover of100,000 USD./.
The second virtual Vietnam Sourcing Expo on “Build and Home Décor” will be held by the Vietnamese trade office in Australia following the success of the first one in 2020.
Following the success of its trade promotion programme for Vietnam’s frozen durians in 2019 and 2020, the Vietnamese trade office in Australia is working to promote other processed agricultural products of Vietnam in the market.
One kilo of Vietnamese fresh lychees was sold for 3,000 AUD (2,254 USD) at a special auction in Pert city of West Australia recently, which opened the Vietnamese Lychee Week held by the Vietnamese Trade Office in Australia.
More Vietnamese goods are available on foreign supermarket shelves but enterprises still need to overcome a number of challenges if they want to enhance their brand image.
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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.
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Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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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 image (Source: VNA) 
