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| Illustrative image (Photo: KP International Market) |
With the goal of promoting exports and supporting small potential businesses in seeking partners in Vietnam, Gyeonggi-do coordinated with agencies from Goyang, Namyangju, and Paju cities to establish a market pioneer group, which provided a total of 114 consultancy sessions and promoted the signing of contracts worth nearly 4.4 million USD.
It collaborated with the Global Business Centre (GBC) in Ho Chi Minh City to implement a plan for supporting businesses in conducting promotion activities in the Vietnamese market focusing on the economic hubs of Hanoi and HCM City.
Gyeonggi-do provided comprehensive assistance, including pre-scouting for buyers, arranging direct consultancy sessions, covering overseas marketing expenses, and operating a local consulting centre, among others.
During this promotion campaign, Saeang Co., Ltd., based in Namyangju city, which specialises in beauty products made from herbal ingredients, conducted eight business-matching sessions with partners in HCM City and Hanoi. The firm inked a three-year agreement with a Vietnamese partner to develop products for hair loss treatment, and an export contract worth 450,000 USD.
To achieve effective trade promotion, Gyeonggi-do supported businesses in contacting partners in Vietnam to carry out additional procedures following negotiations, and provided indirect marketing services through video consultancy.
According to director of the agency Kang Seong-cheon, the Korean province will continue to send market development groups and provide marketing support to help local small- and medium-sized enterprises make inroads into the Vietnamese market.
Passenger vehicles allowed to pass through Bac Luan II Bridge in Quang Ninh
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| The first group of tourists traveling on the Nanning - Ha Long route passes through the Bac Luan II Bridge customs gate. (Photo: Mong Cai Sub-department of Customs) |
Entry procedures into Vietnam have been conducted for the first passenger transport vehicles passing through the customs gate of Bac Luan II Bridge, which is part of the Mong Cai (Quang Ninh, Vietnam) - Dongxing (Guangxi, China) international border gate pair, reported Vietnam News Agency.
The implementation of passenger transport between Quang Ninh’s Ha Long city and Guangxi’s Nanning city aims to boost overall tourism development and diversify its products in the northern Vietnamese coastal province and its renowned destination - the UNESCO World Heritage Site of Ha Long Bay.
Prior to the allowance of the activity, the Quang Ninh Department of Transport issued a notification letter listing businesses and non-periodic passenger transport vehicles from China operating on the route between the border areas of Vietnam and China, specifically the route between Nanning and Ha Long cities.
Measures have been taken to assist businesses involved in expediting customs procedures conveniently at the Bac Luan II Bridge customs gate, as well as to ensure strict inspection, supervision, and management of temporarily imported-exported transport vehicles and passengers’ luggage on passenger transport vehicles in accordance with the two countries’ laws and their bilateral road transport agreement.
HanoiPlas 2024 showcases latest technologies in plastic & rubber industry
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| The 12th Hanoi International Plastics & Rubber Industry Exhibition (HanoiPlas 2024) opens in the capital city on June 5. (Photo: VNA) |
More than 200 exhibitors from 13 countries and territories have gathered to showcase the latest technologies and products at the 12th Hanoi International Plastics & Rubber Industry Exhibition (HanoiPlas 2024) which officially started in the capital city on June 5, reported Vietnam News Agency.
Speaking at the opening ceremony, Judy Wang, Chairman of Yorkers Exhibition Service Vietnam - one of the organisers, said the Vietnamese plastics and rubber sector has experienced remarkable growth in recent years, playing a crucial role in providing essential materials to various industries such as electronics, textiles, consumer goods and the automotive industry.
This event serves as a crucial platform for professionals in the plastics and rubber industry to explore cutting-edge solutions, showcase the latest technology, machinery and equipment, and network with their industry peers.
This year's exhibition features representatives from a vast array of countries and regions, including China, Germany, Hong Kong and Taiwan (China), India, Indonesia, Japan, Pakistan, Singapore, the Republic of Korea, Thailand and the US, with an impressive 9,000 sq.m. exhibition space, making this the largest in the event's history.
The exhibitors are showing the latest technologies and products, including injection machinery, rubber manufacturing equipment, one-stop processes, blown film machines, extrusion lines, recycling solutions and new chemicals and materials.
Delivering a speech at the opening ceremony, Dinh Duc Thang, Vice President of the Vietnam Plastics Association, said the Vietnamese plastics sector has momentum and is likely to become an increasingly attractive destination for international investment and business opportunities.
Thang said in 2023, imports of plastic raw materials declined 4.2% in volume to 6.82 million tonnes and decreased 21.2% in value to 9.76 billion USD compared to 2022.
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| A booth at the event |
Overall revenue for the Vietnamese plastics industry in 2023 is projected to reach 25 billion USD, a slight dip of 0.67% from the previous year.
However, Vietnam's exports of plastic products are forecast to see a sharp increase in the first half of 2024, rising over 32% to surpass 3.15 billion USD, compared to the same period in 2023.
He noted that despite the industry's growth, Vietnamese plastic products are still facing significant challenges, particularly around the issues of plastic pollution and policies aimed at reducing virgin plastic use in favour of recycled materials.
Demand for environmentally-friendly plastic products, especially from major export markets like the US, EU and Japan, is creating both challenges and opportunities for Vietnamese businesses.
To meet these evolving market demands, plastic manufacturers in Vietnam will need to adopt new technologies and materials that are more sustainable and aligned with the trend towards a circular economy.
HanoiPlas 2024 runs until June 8.
Yen Chau Mango Festival 2024 to take place on June 8
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Yen Chau round mango specialty is famous for its deliciousness
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The fifth mango festival will be organized on June 8 and 9 in Yen Chau district, in the northern mountainous province of Lai Chau.
The event aims to introduce and promote the Yen Chau round mango brand, honor mango growers, and create opportunities for mango growers to exchange and improve knowledge and experiences in planting and caring for mango.
The Yen Chau Mango Festival 2024 will feature activities such as: Displaying booths introducing typical agricultural products and handicrafts of 15 communes and towns; musical performances, folk games, cultural exchanges; mango picking competition, Xoe dance competition, knitting competition, pieu scarf embroidery competition; and experiential activities at mango gardens.
Leaders of Yen Chau district said that the locality currently has more than 3,200 hectares of mangoes, mainly native round mangoes and green-skinned mangoes.
Each year, fruit output is estimated at about 20,000 tons. Among them, Yen Chau round mango is famous for its deliciousness and has been attached to the Thai people for many generations. This is the only indigenous mango variety in Northern Vietnam included in the list that needs to be preserved and developed.
Since 2012, Yen Chau round mango has been certified for geographical indication registration and brand recognition system, thereby becoming known and favored by consumers.
In recent years, in addition to consumption in the domestic market, Yen Chau round mango products have also been exported to China, Australia, Japan and the Republic of Korea./.