Business

Vietnam trade value with Kuwait reaches new high

Trade relations between Kuwait and Vietnam have made satisfying progress, the Consulate of Kuwait in Ho Chi Minh City said in a statement released for the 54th anniversary of its independence day (February 25).
Trade relations between Kuwait and Vietnam have made satisfyingprogress, the Consulate of Kuwait in Ho Chi Minh City said in astatement released for the 54th anniversary of its independence day(February 25).

Trade exchange value between the two countriesreached 691 million USD in 2014. Vietnam's exports to Kuwait in 2014grew twice as much as the previous year, according to figures from theVietnam Customs Bureau.

Omar Al-Qenaei, Consul General of Kuwaitin HCM City, invited Vietnamese companies to make investments in amega-development plan approved by the Government of Kuwait. The plancomprises 1,100 projects worth a total of 107.8 billion USD. It includesthe creation of Silk City, a commercial hub and free trade zone withthe capacity for 700,000 residents.

Kuwait and Vietnam established diplomatic relations in 1976.-VNA
Follow VietnamPlus

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.