Vietnamese farm produce promoted at VegfestUK 2022 (Photo: VNA)
London (VNA) – Around 20 Vietnamese farm produce exportersattended VegfestUK 2022 – the UK’s biggest indoor vegan festival – on November12-13 in London.
This year’s event attracted the participation of 230 units,over 100 speakers, and 10,000 visitors.
Vietnamese enterprises brought rice, coffee, tea, cashewnuts, dried noodle, and environmentally-friendly products such as wooden strawsand paper cups to the festival.
Deputy Minister of Agriculture and Rural Development Phung Duc Tiensaid that the export of agricultural products to the UK has enjoyed rapidgrowth in recent years and is expected to surpass 1 billion USD this year, up12% year-on-year. To date, over 500 Vietnamese agricultural products have beenavailable at the European country’s supermarkets.
As potential for trade cooperation in agriculture remainshuge, the two Governments need step up trade promotion in this field toincrease the export value to 30-35% next year, he added.
Earlier on November 11, at a Vietnam-UK business connectivity workshop held inLondon within the framework of Tien’s working visit to the UK, the official affirmed that the UK is one of the important and strategic partners ofthe Vietnamese agricultural sector.
The Vietnamese Government hopes to attract and cooperatewith UK businesses in agricultural production, and the processing, preservationand distribution of agricultural products and food, stated Tien./.
Gillian Keegan, British Parliamentary Under Secretary of State at the Foreign, Commonwealth & Development Office, has expressed her belief that the Vietnam-UK comprehensive relationship will continue to grow in the next 50 years.
The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade Agency under the Ministry of Industry and Trade (MoIT).
The Financial Times said it is not surprising that Vietnam is in the group of 7 countries with effective economic activities. It sees this as a typical example proving the effectiveness of Vietnam's policies.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Vietnamese farm produce promoted at VegfestUK 2022 (Photo: VNA) 
