Vietnam 

Việt Nam urged to meet EU’s standards on agricultural products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Participants are introduced to advanced technology for agriculture at the Việt Nam-EU forum on sustainable agriculture. — VNA/VNS Photo Vũ Sinh HÀ NỘI — Việt Nam will have to address some challenges in order to fully grasp the benefits of the EU – Vietnam Free Trade Agreement (EVFTA) and its opportunities for the export of agricultural products. The statement was released by Head of Trade and Economic Affairs at the EU Delegation to Việt Nam Carsten Schittek at the Việt Nam-EU forum on sustainable agriculture held by EuroCham, the Ministry of…

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Home 

Stocks Blog: China opens door to buying more US pork, agricultural products

Good day traders — It’s the start of the third full week of September, and what a great month it has been so far for the Hang Seng Index, which is up 6.3 per cent as of Friday’s close. Lots of news since markets closed for traders to weigh. On Friday after market close, China said it will exclude imports of US soybeans, pork and other farm goods from additional tariffs. That followed US president Donald Trump saying he would be open to a mini trade deal to get things…

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Vietnam 

Forum considers ways to foster tourism start-ups, create new products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  An exhibition with the participation of leading tourism start-ups at the Tourism Start-up Forum in HCM City. Photo courtesy of the HCM City Department of Tourism HCM CITY — Appropriate investment in tourism start-ups will help create breakthrough products and improve the supply chain, experts have said. Speaking at the Tourism Start-up Forum in HCM City on Wednesday Lý Đình Quân, director of the Sông Hàn Incubator, Industrial Technology Park, said Việt Nam’s tourism start-up eco-system, which is still in the early stage of development, has seen very little co-operation between various…

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Vietnam 

Vietnamese export products face stricter non-tariff barriers in EU – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Việt Nam‘s agricultural products need to meet stricter requirements applied by the EU from September 1, 2019 for agricultural products imported from other countries, including fruits. — Photo daidoanket.vn HÀ NỘI — Việt Nam’s agricultural products need to meet the stricter requirements applied by the EU from September 1, 2019, to promote exports to this market as well as others, according to the Ministry of Agriculture and Rural Development (MARD). MARD’s Plant Protection Department said that from September 1, 2019, the EU has applied strict phytosanitary requirements for many kinds of…

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Vietnam 

Việt Nam boosts fight against illegal timber products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  At the conference, experts discuss solutions to help Việt Nam build up regulations to fight against illegal timber products. — VNA/VNS Photo HÀ NỘI — Illegally harvested timber, as well as traders of this item, will not be able to enter the supply chain Việt Nam is putting in place under the Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade (VPA/FLEGT), an official has said. Director General of Vietnam Forest Administration (VNFOREST) Nguyễn Quốc Trị was speaking at a two-day technical exchange on the Viet Nam timber legality…

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Home 

China conglomerate Fosun to launch new products, invest in unicorns after a stellar first half

Chinese private conglomerate Fosun International plans to launch new products aimed at families within two years, according to company officials, after it posted record first-half revenue and its first interim dividend arrangement.“We are seeing initial success with our strategy to focus on family consumption, from the aspects of happiness, health and wealth,” billionaire and Fosun co-founder Guo Guangchang said at a news conference on Wednesday.The company gave no details on the kinds of… Source link

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Vietnam 

MoIT investigates anti-dumping plastic products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The deadline to answer the questionnaire is before 16:30 on September 25, 2019 (Hà Nội time). — Photo tinnhanhchungkhoan.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QĐ-BCT to launch an anti-dumping investigation into Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia. The investigation was initiated based on requests of domestic producers on April 26. In their petitions, Hưng Nghiệp Formosa Ltd Company and Youl Chon Vina Plastic JSC said BOPP film products imported from the three countries were dumped in the…

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Singapore 

2 women arrested for importing $800,000 worth of fake perfumes and cosmetic products, Singapore News

SINGAPORE – Two suspects were arrested on Aug 6 for importing and possessing about 16,000 counterfeit perfumes and cosmetic products worth more than $800,000, the Singapore Police Force and Singapore Customs said in a statement on Tuesday (Aug 20). On July 25, Singapore Customs inspected a consignment of more than 200 perfumes and cosmetic products believed to be counterfeits and subsequently referred the case to the Criminal Investigation Department (CID) for investigation. Officers from the CID seized the counterfeit goods and arrested two women, aged 21 and 23, during a…

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Money 

Japanese companies join manufacturers’ mass exodus from China’s factories as US tariffs on made-in-China products bite

Top Japanese companies including Sony, Ricoh and Asics are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep US tariffs.Sony said last week that trade-war levies may cause it to raise prices or move production of PlayStation consoles, cameras and projectors outside China, steps that could affect profit for the year ending March by about 10 billion yen (US$94 million).Ricoh, which got about 28 per cent of revenue from the Americas… Source link

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Singapore 

Singapore investigates alleged export of Pokka products into North Korea, Singapore News

SINGAPORE – Beverage company Pokka Singapore has denied media reports that it tried to illegally export products into North Korea, saying they contain many “false and unsubstantiated allegations”. It issued the denial on Friday (Aug 2) even as Singapore authorities said they were investigating the allegations. On Thursday, news website NK News reported that Pokka Singapore had pressured a distributor into hiding its dealings in North Korea in August last year, following an earlier report that the company was actively seeking resellers in the country in spite of a trade…

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