Kinh te viet nam

Viet Nam fisheries to focus more on quality, over quantity (27-09-2006) Kinh Te Viet Nam & The Gioi (Viet Nam and World's Economics) talks with Nguyen Chu Hoi, director of the Fisheries Planning and Economic Institute, about a plan to develop the fisheries sector. What is your opinion about the plan of developing the fisheries sector by 2010 forward to 2020? Among its targets the fisheries will prioritise quality over quantity. In the plan, fisheries is considered as an industry with big quantity, high quality and high competitiveness. Developing fisheries aims to meet domestic as well as export demand, while firmly upholding export turnover. The speed of development must be fast and firm, maintaining all advantages from potentials and human resources. It is important to pay attention to science technology applications, especially biological technology. Continuing to change the business structure, balancing exploiting and breeding, linking producing and processing, consumption and … [Read more...] about Viet Nam fisheries to focus more on quality, over quantity

HCM CITY (VNS)— Bilateral trade turnover between Viet Nam and Russia is set to increase to US$7 billion by 2015, thanks to the steady growth started since 2007. A Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) report yesterday cited experts saying that trade between the two countries has grown at an average of 28 per cent each year in the 2007-12 period. In just 2012, bilateral trade turnover was $3.7 billion. The experts further predicted that the turnover would rise to $12 billion when the free trade agreement between Viet Nam and Russia, Belarus and Kazakhstan is signed. The third round of negotiations for the agreement will be held next month. When the agreement is signed, they said, the Russian market would be open up further to Vietnamese products and those that were exported to Russia will be taken to Belarus and Kazakhstan as well. A representative of a Russia's trade office was quoted by the newspaper as saying Russian companies were very interested in the … [Read more...] about Viet Nam, Russian trade grows to $3.7bn

HCM CITY (Biz Hub) — With estimated exports of US$5.5 billion this year Viet Nam is set to become Southeast Asia's biggest wood and wood products exporter, according to the Ministry of Agriculture and Rural Development. In the first eight months, exports jumped 11.6 per cent to over $3.3 billion after strong growth in shipments to most markets including South Korea, Japan, China, and the US. Nguyen Ton Quyen, general secretary of the Viet Nam Timber and Forest Product Association (Vifores), told Thoi Bao Kinh Te Viet Nam (Vietnam Economic Times) that orders have increased by 20-30 per cent this year. At some companies they have surged by up to 50 per cent, he added. He attributed the increase mainly to the global economic recovery. The newspaper says most economies like Japan, the US and EU have recovered, pushing demand for wood products up. Many importers have also moved their orders from China to Viet Nam because of lower wages and the need to find an alternative to … [Read more...] about Viet Nam wood exports surpass regional rivals

HCM CITY (VNS) — Rising export turnover in recent years and the trade surplus achieved last year shows that there is potential opportunity for the growth of the logistics industry, experts have said. Deputy Minister of Industry and Trade Tran Tuan Anh told yesterday's Viet Nam Logistics Forum 2013 in HCM City that last year the country's import-export value was US$228 billion, up 12.4 per cent over 2011. Of the amount, exports exceeded $114 billion, outpassing imports $750 million. "This year exports are expected to rise 14.3 per cent to $141 billion and imports 15.6 per cent to $131.4 billion, and the strong trade activity development has highlighted the important role of logistics," said the deputy minister. Viet Nam has entered eight bilateral and multilateral economic agreements while another six are under negotiations, and these agreements aim at free trade, thus providing opportunity for the industry. According to Dr Bui Thien Thu, deputy head of the Viet Nam … [Read more...] about Viet Nam’s logistics industry finds potential growth opportunities

HA NOI (Biz Hub) - The Viet Nam Wood and Forestry Association expects the nation to earn US$6.2 billion from the export of wood and wooden products this year, higher than $5.5 billion last year. The association's general secretary Nguyen Toan Quyen said the association has notified the Ministry of Industry and Trade about the export value target as the major export markets for Vietnamese wood and wooden products have potential to grow this year, including the US, Japan and China, reports Thoi bao Kinh te Viet Nam (VnEconomy) newspaper. Meanwhile, with the EU market overcoming its economic crisis, there would be more opportunities there for the local wood and wooden product exports, Quyen said. The Trans Pacific Partnership (TPP) Agreement, which is expected to be signed this year, will bring more tariff advantages for wood and wooden product exports and the local forestry industry, because Viet Nam and its major export markets for these products, including the US, Japan and … [Read more...] about Viet Nam’s wood product exports set to increase