News vn

Viet Nam News HÀ NỘI — Việt Nam is a potential market for Australian table grapes because of its growing middle class, rapid economic growth and the increasing purchasing power of Vietnamese consumers. The statement was made by Yvonne Chan, Australian Deputy Consul-General and Senior Trade Commissioner to Việt Nam, at a seminar in Hà Nội on Thursday. The event was organised to cement existing trade relations and build new partnerships among Australian table grape exporters and Vietnamese importers. Table grapes are produced in all Australian states, with the majority grown in Victoria. Of the country’s roughly 1,000 table grape growers, most are small-scale, family owned businesses. Australia plants an average volume of 170,000 tonnes of table grapes each year, 62 per cent of which is exported to 42 countries and territories, Chan said. Việt Nam is the 7th largest importer of Australian table grapes with a 4 per cent share, … [Read more...] about Australia to boost VN trade ties through table grapes

Viet Nam News HÀ NỘI — Việt Nam aspires to become a country with prosperous development, inferior to no other countries in the world, Prime Minister Nguyễn Xuân Phúc said at the Việt Nam Business Summit in Hà Nội on Thursday. The summit, themed ‘Việt Nam – We Mean Business: Connect and Innovate,’ was part of the World Economic Forum on ASEAN 2018. It attracted more than 1,200 entrepreneurs and investors from around the world, along with representatives of foreign business associations, embassies and international organisations in Việt Nam. Co-chairing the event with WEF President Borge Brende, PM Phúc said during 30 years of Đổi mới (renewal), Việt Nam has implemented a policy of opening up for investment and integration. “The liberalisation has brought great benefits for Việt Nam,” he said, adding that the country is always consistent in … [Read more...] about VN aims to become a prosperous nation: PM

A B2B meeting for Indian and Vietnamese companies in the electricity and power sector was held on September 13 in HCM City to promote trade as demand for electricity in Việt Nam continues to grow. – VNA/VNS Photo Việt DũngViet Nam News HCM CITY – A B2B Meeting held by the Consulate General of India in HCM City on Thursday provided networking and partnership opportunities for Vietnamese and Indian businesses in the electrical and power sector. The event featured 14 Indian electricity and power businesses that make products such as transmission equipment and metering solutions. Dr K Srikar Reddy, the Indian consul general in HCM City, said that from April 2017 to March 2018, bilateral trade between the two countries was at US$12.83 billion, 27 per cent higher than the same period last year. “Việt Nam’s electricity consumption is expected to grow by 4,000 MW every year, which is a great opportunity to increase trade in electrical … [Read more...] about Indian, VN companies in electricity sector meet

Viet Nam News HÀ NỘI — Higher feed-in tariffs for wind power projects in Việt Nam will help push forward the completion of many projects and ensure they begin operation. The statement was made by Tobias Cossen, project director of the ‘Support to Up-Scaling of Wind Power in Việt Nam’ project under the German international development agency (GIZ)’s Energy Support Programme. On September 10, Việt Nam’s Government approved an amendment and revision of the wind tariff defined as per Decision No 37/2011/QĐ-TTg on the support mechanism for the development of wind power projects in Việt Nam. Under the revision, the feed-in tariff (FIT) will be increased from 7.8 to 8.5 US cents per kWh for onshore and 9.8 US cents per kWh for offshore wind power projects. GIZ applauded the Government’s adjustment, considering it a significant signal for all market actors to further invest in the wind power market in Việt … [Read more...] about Wind power price rise a positive sign for VN’s renewable energy development