Export cashew nut prices have reached their highest levels since the beginning of 2010, but Vietnamese firms do not have products to export because they lack capital to buy materials for processing. Hoang Manh Binh, Director of Viet Son Company in Binh Phuoc province, the “metropolis” of cashew plants, has to receive people from cashew export

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Cashew nut processors lack capital

The seventh conference on Vietnam-Laos border trade development and cooperation was held in Thanh Hoa on September 9, with Deputy Minister of Industry and Trade Nguyen Cam Tu and his Lao counterpart Khemmani Pholsena co-chairing. Attending the conference were representatives from various ministries and sectors and government and business leaders from 10 Vietnam and Laos’ border

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Conference promotes Vietnam-Laos border trade

One reason for the high trade deficit is that Vietnam has maintained a high demand for imported machines and equipment, even though the Government has been offering preferences on domestic products. Several years ago, Lilama made equipment for sugar refineries and cement plants, sparking the hope that Vietnamese firms could design, produce, assemble and run machines

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Pesky trade deficit lingers, imported equipment blamed

Though more than 10 export items have seen revenue exceed the one billion dollar threshold in the first eight months of 2010, market experts point out that many problems still linger.

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Export revenue high, but problems remain

Seafood exports totalled US$2.9 billion in the first eight months of this year, an increase of 13 per cent compared to the same period a year earlier, according to the Ministry of Agriculture and Rural Development. Shimp and tra catfish saw the greatest growth in both volume and value, the ministry said, with shrimp exports rising

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Seafood exports rise 13% in eight months

Inspite of the fact that many of the export products of Vietnam still heavily rely on imported raw materials, exports of a dozen of export items still exceeded $1 billion threshold. According to valuation of Ministry of Industry and Trade, this is the first time Vietnam has had 13 export items exceeding $1 billion in turnover,

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Vietnam’s exports face obstacles

Vietnamese dragon fruit will be exported to the Republic of Korea (RoK) at the end of this year, said Nguyen Xuan Hong, head of the Plant Protection Department under the Ministry of Agriculture and Rural Development. A delegation of RoK experts recently took a fact-finding tour to Vietnam to inspect the area where dragon fruit is

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Bright future for dragon fruit exports to RoK

Free trade agreements (FTAs) in general have led to higher economic growth, but regional FTAs have had mixed results, experts have said.

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Free trade deals receive mixed reviews

Vietnam expects to boost its trade with Turkey and reach an annual trade volume of $1 billion in 2011, Vietnam’s Ambassador to Turkey said. Vietnam expects to boost its trade with Turkey and reach an annual trade volume of $1 billion in 2011, Vietnam’s Ambassador to Turkey said.

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Vietnam expects to reach $1-bln trade volume with Turkey

A workshop was launched in Hanoi on August 23 to help Vietnamese timber suppliers update with revisions of the Lacey Act of the U.S., which is currently Vietnam’s largest furniture importer.

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Vietnam timber exporters learn about U.S. legal issues