The Business Times: Cambodia’s trade turnover soars in five months

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• Cambodia’s trade turnover soars in five months
• Central Highlands province to open techmart
• Localities step up rice hoarding
• The tragedy of seafood exporters in southwestern region
• Vietnam Customs expands int’l cooperation
• Port and airport management companies to be equitized
• Dragon fruit targets US$1 billion in exports for 2013
• 16,000 CBU cars imported in six months
• Coffee exports drop sharply
• Da Nang visitors to fly direct to Seoul, Siem Reap

Cambodia’s trade turnover soars in five months Posted: 30 Jun 2013 12:21 AM PDT Cambodia's import-export turnover reached 6.25 billion USD in the year's first five months, a 20 percent rise from the same period last year. According to the Cambodian Ministry of Commerce, the country's exports hit 2.59 billion USD in the reviewed period, 27 percent more than last year's figure. In particular, garments, a Cambodian key export, [...] The post Cambodia's trade turnover soars in five months appeared first on Vietnam Business News.

Central Highlands province to open techmart Posted: 30 Jun 2013 12:20 AM PDT The Central Highlands province of Dac Nong will host a fair to introduce new technology and equipment for production between November 12th and 15th in Gia Vien Town in Dac Nong. According to a press conference in Hanoi on June 28th, the fair will feature about 200 booths from local businesses to display their products, [...] The post Central Highlands province to open techmart appeared first on Vietnam Business News.

Localities step up rice hoarding Posted: 30 Jun 2013 12:13 AM PDT The Mekong Delta province of Kien Giang is stepping up the hoarding of rice to fulfil its target of creating a stockpile of 85,000 tonnes this year. Seven local businesses have been directed by the Vietnam Food Association to purchase rice following the market mechanism to ensure farmers get profit and to stabilise the local [...] The post Localities step up rice hoarding appeared first on Vietnam Business News.

The tragedy of seafood exporters in southwestern region Posted: 30 Jun 2013 12:13 AM PDT These days the number of seafood processing workers in Tra Noc Industrial Zone (Can Tho City) and Trung Hoa Industrial Zone (Ca Mau) have been reducing. Along Highway 1A, passing the largest shrimp breeding area in Vietnam — consisting of Soc Trang, Bac Lieu and Ca Mau, one will not see bustling markets serving workers [...] The post The tragedy of seafood exporters in southwestern region appeared first on Vietnam Business News.

Vietnam Customs expands int’l cooperation Posted: 29 Jun 2013 07:54 PM PDT The General Department of Vietnam Customs has signed a Memorandum of Understanding (MoU) on mutual administrative assistance and cooperation with Hong Kong Customs. Director General of the General Department of Vietnam Customs, Nguyen Ngoc Tuc, and Hong Kong's Commissioner of Customs and Excise, Clement Cheung, signed the document in Brussels, Belgiuim, on June 28 within [...] The post Vietnam Customs expands int'l cooperation appeared first on Vietnam Business News.

Port and airport management companies to be equitized Posted: 29 Jun 2013 07:51 PM PDT  To speed up the restructuring of state-owned enterprises (SOEs), the Ministry of Planning and Investment has issued the draft classification criteria to ensure the implementation of the roadmap of divesting State capital from SOEs. According to the draft criteria, instead of holding 100 percent of the capital in the areas of management and operation of [...] The post Port and airport management companies to be equitized appeared first on Vietnam Business News.

Dragon fruit targets US$1 billion in exports for 2013 Posted: 29 Jun 2013 07:47 PM PDT Vietnam expects to earn US$1 billion from exporting dragon fruit to the US market by the end of this year. According to the Southern Fruit Research Institute (SOFRI), there is an increasing demand for imported fruit in foreign markets, including the US, Japan, the Republic of Korea, and Taiwan. Dr. Nguyen Huu Dat from the Department [...] The post Dragon fruit targets US$1 billion in exports for 2013 appeared first on Vietnam Business News.

16,000 CBU cars imported in six months Posted: 29 Jun 2013 07:45 PM PDT An estimated 16,000 completely built unit (CBU) automobiles worth a total of US$308 million were imported into Vietnam in the first half of this year. The General Statistics Office (GSO) reported that car imports saw an increase of 17.8 percent in volume and  7.5 percent invalue during the reviewed period. The strong rebound shows that the import [...] The post 16,000 CBU cars imported in six months appeared first on Vietnam Business News.

Coffee exports drop sharply Posted: 29 Jun 2013 07:41 PM PDT Vietnam has exported 1.18 million tonnes of coffee since October 2012, representing a year-on year decrease of 9 percent. According to the Vietnam Coffee and Cacao Association (Vicofa), the total coffee output in 2013 will drop by 30 percent to about 1.3 million tonnes. In the first six months of this year, 795,000 tonnes were [...] The post Coffee exports drop sharply appeared first on Vietnam Business News.

Da Nang visitors to fly direct to Seoul, Siem Reap Posted: 29 Jun 2013 07:38 PM PDT Vietnam Airlines will launch direct flights from the central city of Da Nang to Seoul in the Republic of Korea and Siem Reap in Cambodia on July 1 to tap the increasing numbers travelling these routes, the national flag carrier said on June 28. Using an Airbus 321, three direct flights will connect Da Nang [...] The post Da Nang visitors to fly direct to Seoul, Siem Reap appeared first on Vietnam Business News.

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