CAN THO – Although tra fish processing firm have resumed their operations after a long Tet holiday and dozens of export contracts were signed early this year, the price of tra fish material has dropped sharply to VND26,000-26,500 per kilogram.
The Ministry of Industry and Trade (MoIT) has warned of upcoming challenges in finding industrial export contracts due to financial difficulties in key export markets such as the EU and US.
Textile enterprises will continue increasing exports despite suffering lowered profits, according to experts.
Truong Thanh Phong, chairman of the Vietnam Food Association, warns about natural calamities and fluctuating global rice stocks
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Vietnamese firms already have deals that will keep them busy for the year
Local garment and textile companies have a positive year ahead with most having export contracts until the 2011 second quarter.
HA NOI — Rice exporters are facing difficulties negotiating export prices due to domestic rice price increases, said the Viet Nam Food Association. The association said this increase had made farmers happy but brought concerns to exporters. The exporters would have more difficulty in confirming export contracts because they could not compete with rival countries.
HN — Domestic businesses should positively build plans and methods to grow marketplaces in nations joining the Trans-Off-shore Partnership (TPP) Agreement.Ngo Chung Khanh, deputy director from the Secretary of state for Industry and Trade's Multilateral Trade Policy Department, made the suggestion in a conference in Ha Noi yesterday.The TPP pact, also called the Trans-Off-shore Proper Economic Partnership Agreement, is really a multilateral free trade deal that aims to help liberalise the financial systems
HN – Blue nick declines ongoing to tug shares lower around the HCM City Stock Market today.As much as 80 percent from the top 30 shares by market capitalisation and liquidity sank, which the 2nd biggest share PV Gas, HCM City Infrastructure Investment (CII), Sea Group (OGC) and Sacombank Investments (SBS) fell through the daily limit of 5 percent.Only mixer Masan Group (MSN), property developer Quoc Cuong Gia Lai (OQC) and Song Da Urban & Industrial Zone Investment and Development (SJS) bucked the