Preliminary processing of yarn at Phong Phu Corporation. (Photo SGGP)

Garment, textile industry starts to warm up

Many garment processing enterprises for export in Ho Chi Minh City said that in the fourth quarter of this year, some orders, especially from the US market, have started to increase again. This is good news for the industry in the context that the Covid-19 pandemic still develops complicatedly in many traditional markets of Vietnam.
Minister of Industry and Trade Tran Tuan Anh and UK Secretary of State for International Trade Liz Truss sign the agreed minutes on the conclusion of negotiations over the UK-Vietnam Free Trade Agreement on December 11. (Photo: VNA)

UKVFTA ushers in new opportunities for Vietnam-UK trade

The conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA) demonstrates the importance of Vietnam as a market and its heightened position in the eyes of the UK, Vietnamese Ambassador to the UK Tran Ngoc An told the Vietnam News Agency after the finalisation of the bilateral trade deal in Hanoi on December 11.
Vietnam, South Korea agree on cumulation of origin of textile materials

Vietnam, South Korea agree on cumulation of origin of textile materials

The Ministry of Industry and Trade on December 13 said that it and the South Korean Ministry of Trade, Industry, and Energy have just signed many important documents, including an exchange letter between the Government of Vietnam and the South Korean Government on the implementation of the cumulation of origin of textile materials between the two countries in the EU- Vietnam Free Trade Agreement (EVFTA).
Farmers in Hau Giang Province grow rice by rice planting machine. (Photo: SGGP)

Opportunities for Vietnamese rice to strengthen position in global market

At the end of the year, the weather in the South has started getting cold. This is also the time when the water in the fields downstream began to recede. Many farmers along the National Highway 61C, which connects Hau Giang and Can Tho provinces, are rushing to plow the soil to sow the winter-spring rice crop.
Khanh Hoa Province develops marine aquaculture. (Photo: SGGP)

Many efforts made to remove yellow card on IUU fishing

According to the Vietnam Directorate of Fisheries, with 82 percent of fishing vessels equipped with vessel monitoring systems, traceability and the application of culturing area codes have significantly improved. However, if there is still one fishing vessel that has not registered or illegally exploits, the European Commission (EC) will continue to keep a yellow card or even give a red card to Vietnam. 
Workers process pangasius fish for export at a company in the Mekong Delta. (Photo: SGGP)

Provinces in the Mekong Delta speed up export of seafood

Despite the impacts of the Covid-19 pandemic, enterprises in the Mekong Delta recently have promoted the processing of high-value seafood products to increase their exports to many markets around the world. Seafood exports are showing signs of recovery and opportunities for enterprises to accelerate to finish their plans in the last months of the year.

 

Many enterprises export fragrant rice to the EU after the EVFTA became effective. (Photo: SGGP)

Rice exports to EU market remain modest

According to the Department of Crop Production, the EU's total demand for imported rice is 2.3 million tons  per year, with a value of 1.4 billion euros in 2019. In comparison with other countries in the ASEAN, Vietnam's rice exports to the EU are only one-sixth of Thailand’s, one-tenth of Myanmar’s, and a quarter of Cambodia’s.
Margrethe Maersk is one of the world's largest container ships with a deadweight of above 214,121 tons. (Photo: SGGP)

Cai Mep International Terminal receives ultra-large container ship

A ceremony to welcome the arrival of Margrethe Maersk, one of the largest container ships in the world, was held at Cai Mep International Terminal (CMIT) - a joint venture between Vietnam Maritime Corporation, Saigon Port, and APM Terminals - in Phu My Town in Ba Ria - Vung Tau Province in the morning of October 26.