The Business Times: Trade promotion targets key exports

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• Trade promotion targets key exports
• Vietnam-RoK trade turnover hits US$27.3 billion
• Singaporean investment in Vietnam up 157% in 2013
• Garment accessories exported for first time
• Vietnam, EU aim to complete FTA in 2014
• Vietnam budget airlines dream of international flights
• Vietnam to revise laws to cope with runaway foreign investors

Trade promotion targets key exports Posted: 18 Jan 2014 11:53 PM PST The Ministry of Industry and Trade (MoIT) will increase trade promotion overseas this year with a focus on Vietnam's key export items. MoIT deems increased trade promotion necessary to meet the 10% export growth target set for 2014 by the National Assembly. In 2013 the National Trade Promotion Programme benefited key export businesses, helping the […] The post Trade promotion targets key exports appeared first on Vietnam Business News.

Vietnam-RoK trade turnover hits US$27.3 billion Posted: 18 Jan 2014 11:52 PM PST The Republic of Korea (RoK) became Vietnam's largest trade partner in 2013 after two-way trade turnover climbed to US$27.3 billion, 29.5% higher than a year earlier. Vietnam Customs statistics indicate Vietnam increased its Korean imports 33.3% to an estimated US$20.7 billion, 15.7% of the country's total import value. The import value of computers and electronics […] The post Vietnam-RoK trade turnover hits US$27.3 billion appeared first on Vietnam Business News.

Singaporean investment in Vietnam up 157% in 2013 Posted: 18 Jan 2014 11:51 PM PST Singapore invested US$4.37 billion worth of newly registered and additional capital in Vietnam last year, up 153% against 2012. Vietnamese authorities licensed 105 Singaporean-invested projects with total registered capital of more than US$3 billion and approved 34 other existing projects with total increased capital of nearly US$1.4 billion. Worthy of note are a US$2 billion […] The post Singaporean investment in Vietnam up 157% in 2013 appeared first on Vietnam Business News.

Garment accessories exported for first time Posted: 18 Jan 2014 11:50 PM PST The garments sector began exporting accessories for the first time in 2013, a milestone in industry development after decades of purchasing input material from overseas. Vietnam's garments and accessories exports raked in US$20 billion last year, beating set targets by US$1 billion and maintaining an annual growth rate of 18%. The Vietnam Garment and Textile […] The post Garment accessories exported for first time appeared first on Vietnam Business News.

Vietnam, EU aim to complete FTA in 2014 Posted: 18 Jan 2014 11:50 PM PST Chief negotiators from Vietnam and the EU have pledged to complete discussions about a free trade agreement (FTA) by the end of this year. Former Minister of Trade and Advisor to the Government negotiation delegation Truong Dinh Tuyen said the two sides are determinated to conclude negotiations in September after ending the sixth round of […] The post Vietnam, EU aim to complete FTA in 2014 appeared first on Vietnam Business News.

Vietnam budget airlines dream of international flights Posted: 18 Jan 2014 11:49 PM PST Vietnamese budget airlines have been making every effort to mobilize more capital and expand their fleets in their plans to provide international flights. Ambitions "To prove Vietjet Air as an international airline, the only way we have to follow is to compete fairly with foreign airlines. We have to move ahead, or we will never […] The post Vietnam budget airlines dream of international flights appeared first on Vietnam Business News.

Vietnam to revise laws to cope with runaway foreign investors Posted: 18 Jan 2014 11:48 PM PST Vietnam will revamp the Investment and Enterprise laws to make them more liberal for honest investors but tougher for those either failing to fulfill their investment commitments on schedule or leaving behind their poor business operations without prior notice. Quach Ngoc Tuan, deputy head of the Legal Department of the Ministry of Planning and Investment, […] The post Vietnam to revise laws to cope with runaway foreign investors appeared first on Vietnam Business News.

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