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| At a pomelo orchard in Phu Tho province. (Photo: VNA) |
The SPS Vietnam said it recently received a notification from the Secretariat of the SPS/WTO Committee No. G/SPS/N/AUS/588 regarding the Australian Department of Agriculture, Fisheries and Forestry’s analysis of import risk for Vietnamese fresh pomelo.
To gain access to the Australian market, the Vietnamese pomelo must comply with biosecurity risk management measures targeting 19 specific organisms, including diaphorina citri, brevipalpus phoenicis, bactrocera carambolae, bactrocera correcta, bactrocera dorsalis, bactrocera zonata, zeugodacus cucurbitae, zeugodacus tau, exallomochlus hispidus, planococcus lilacinus, rastrococcus pentagona, parlatoria cinerea, parlatoria ziziphi, pseudaulacaspis pentagona, panonychus citri, tetranychus kanzawai, scirtothrips dorsalis, thrips tabaci and xanthomonas citri subsp. citri.
Other requirements regarding cultivation zones, packaging facilities and manufacturing sites are also specified in the notification.
Bac Ninh exports first batch of veterinary medicine to Halal market
Visakan Biotechnology Investment and Development Joint Stock Company (Visakan) under Hung Nhon Group on May 2 held a ceremony in the northern province of Bac Ninh marking its export of the first batch of veterinary medicine to the Islamic (Halal) market.
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| Deputy Minister of Agriculture and Rural Development Phung Duc Tien, and Chairman of the Board of Directors of Hung Nhon Group and Chairman of the Board of Directors of Visakan Company Vu Manh Hung at the ceremony for the shipment of veterinary medicine |
Speaking at the event, Chairwoman of the Bac Ninh People’s Committee Nguyen Huong Giang said that this event is important for agriculture of Bac Ninh and Vietnam, marking a new development step in Research and production of veterinary medicinal products using modern technology, meeting the strict standards and conditions of the world market.
“The Halal market is one of the most demanding in the world with a series of strict standards. Therefore, Visakan’s export of veterinary medicine to the Halal market is considered an extremely important turning point in the development strategy of Hung Nhon Group,” Ms. Giang shared.
Chairman of Hung Nhon Group Vu Manh Hung said that this is the first time Visakan has exported veterinary medicine to the Halal market. According to the global Islamic economic report, spending on Halal food is estimated to increase rapidly, from 1,400 billion USD in 2020 to 1,900 billion USD in 2030 and nearly 5,000 billion USD in 2050. Therefore, this is the potential market for Vietnamese businesses.
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| Chairman of Hung Nhon Group Vu Manh Hung spoke at the ceremony |
Visakan General Director Tran Van Binh said that the exported products, consisting of antibiotics and antiseptics, are manufactured at NonBetalactam and Betalactam plants certified by the Vietnamese Ministry of Agriculture and Rural Development with WHO-GMP/GLP/GSP certifications.
According to Binh, Sakan currently has over 200 products licensed for circulation in the domestic market, with partners who are animal feed companies, distributors, livestock and aquaculture farms in the country.
In addition to the Indonesian market, 23 product lines under the Sakan brand are present in 13 countries and territories around the world.
At the event, Visakan, PT. Ekasapta Wijayatangguh from Indonesia, and De Heus Indonesia, signed a Memorandum of Understanding (MoU) on a collaborative programme for the production and supply chain linkage of veterinary drugs and disinfectants in Indonesia.
Realized FDI capital in 4 months hits 5-year record
Vietnam’s foreign direct investment (FDI) in the first four months is estimated at 6.28 billion USD, a year-on-year rise of 7.4%, marking the highest four-month realized FDI capital over the past 5 years, according to the General Statistics Office (GSO).
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| Photo for illustration |
Of which, the processing and manufacturing sector attracted the most FDI capital with 4.93 billion USD, accounting for 78.5% of the total realized FDI capital.
It was followed by real estate business activities, 607.6 million USD (9.7%); and production and distribution of electricity, gas, hot water, steam and air conditioning, 259.8 million USD (4.1%).
As of April 20, 2024, total FDI inflows in Vietnam had reached nearly 9.27 billion USD, a year-on-year rise of 4.5%. Of the total, 7.11 billion USD was poured into 966 new projects, an increase of 28.8% in the number of projects and 73.2% in the capital.
Notably, processing-manufacturing led the newly-registered FDI capital at nearly 5 billion USD, followed by real estate at 1.6 billion USD.
Since the beginning of the year, Singapore has been the largest investor with 2.59 billion USD, accounting for 36.4% of the total. It was followed by Hong Kong (China) with 898.6 million USD (12.6%); Japan, 814.1 million USD (11.4%); China, 740.2 million USD (10.4%); Turkey, 730.1 million USD (10.3%); and Taiwan (China), 512.3 million USD (7.2%).
GSO said that 345 ongoing projects registered to increase their investment capital by 1.23 billion USD.
If including newly-registered capital and adjusted capital of projects licensed in previous years, registered foreign direct investment capital in the processing and manufacturing industry reached 6.03 billion USD, accounting for 72.3% of the total; real estate business activities reached 1.68 billion USD (20.1%) and the remaining industries reached 635.1 million USD (7.6%).
Import-export turnover rises by over 15% after 4 months
Import and export turnover of goods reached 238.88 billion USD in the first four months of 2024, a year-on-year rise of 15.2%, according to the General Statistics Office (GSO).
In the period, the trade balance of goods had a surplus of 8.4 billion dollars.
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| Products with export turnover of more than 1 billion USD in the first 4 months are electronics, computers and components; weaving, and sewing. (Photo: The Saigontimes) |
Specifically, during this period, export turnover of goods was estimated at 123.64 billion USD, a year-on-year increase of 15%. The whole country had 21 products with export turnover of more than 1 billion USD, accounting for 86.4% of the total export turnover. Some of these items are electronics, computers and components; other machinery, equipment, tools and spare parts; phones and components; textile; and footwear.
Import turnover of goods was estimated at 115.24 billion USD, a year-on-year increase of 15.4%. The whole country has 20 imported items worth more than 1 billion USD, accounting for 78.9% of the total import turnover. Of which, two imported items hit more than 5 billion USD, including electronics and computers and components; and machinery, equipment, tools and spare parts.
In terms of market, the US is Vietnam’s largest export market with an estimated turnover of 34.1 billion USD. It was followed by China with 18 billion USD and the EU with 16.4 billion USD.
China is also Vietnam’s largest import market with an estimated turnover of 41.6 billion USD./.