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Vietnam welcomes FDI in production of medical equipment: trade officer

Vietnam welcomes FDI in production of medical equipment: trade officer 09:30 | 22/04/2021 Counselor Nguyen Manh Hung from the Vietnamese Embassy in Germany (Photo: VNA) Berlin – Vietnam has rolled out the red carpet for foreign investors, including those from ASEAN member states, to land investment in the field of advanced medical equipment, said Counselor Nguyen Manh Hung at the Vietnamese Embassy in Germany. At a virtual conference held by Ernst & Young (EY) Global Limited on April 20, Hung said that ASEAN has produced a wide range of medical equipment, and 5-7 percent of the global equipment exports are sourced from ASEAN countries. Vietnam has huge demand for medical equipment due to its rapid aging population, he stressed, believing that a network between ASEAN member states should be established to enhance information exchange as well as cooperation in the field so as to ensure timely supply of medical equipment and pharmaceutical prod

VIETNAM BUSINESS NEWS APRIL 22

VIETNAM BUSINESS NEWS APRIL 22 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  22/04/2021    12:47 GMT+7 Vietnamese firms have chance to reach out to Halal market Global demand for Halal product is increasing. (Photo: halalvietnam.vn) Vietnamese food processors have opportunities to tap into the billion-USD Halal market when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore. The Food and Agriculture Organisation of the United Nations (FAO) in Vietnam estimated that the Halal market is growing rapidly, with Muslim consumers worldwide spending 1.4 trillion USD on Halal food, and the figure expected to be ten times higher in 2050.

Vietnam s capital of shrimp farming | Business | Vietnam+ (VietnamPlus)

Vietnam’s capital of shrimp farming Vietnam has 30 provinces raising tiger prawn and whiteleg shrimp, of which the Mekong delta province of Ca Mau is leading in both the farming area and output. Ca Mau has chosen shrimp farming as a key industry prioritized for development. VNA Wednesday, March 10, 2021 07:46 Bac Lieu province has a total shrimp farming area of 131,000 ha, including 2,000 ha of hi-tech farming. (Photo: VNP/VNA) Breeder shrimp to be released into hi-tech farming ponds in Ca Mau province. (Photo: VNP/VNA) The Europe-Vietnam Free Trade Agreement has brought about advantages for the shrimp industry, including removal of tariff barriers and opportunities to diversify input material supply sources. In the photo: Hi-tech shrimp farming in Ca Mau province. (Photo: VNP/VNA)

Origin fraud threatens local exporters | Business | Vietnam+ (VietnamPlus)

Origin fraud threatens local exporters After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations. VNA Related News Saturday, December 26, 2020 10:21 Hanoi (VNA) - After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations. The Department of Post-Customs Clearance Inspection from the General Department of Customs revealed that it had recently discovered a company in Ho Chi Minh City using its certificate of origin (C/O) to pass off Chinese silk products as Vietnamese and export them to India.

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