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| Illustrative photo (Photo: VNA) |
Vietnam News Agency reported statistics from the Singaporean Accounting and Corporate Regulatory Authority showed that during January-September, the country imported nearly 839.1 million SGD (635.24 million USD) worth of aquatic products from nearly 100 countries and territories, a decrease of 4.51% from the same period in 2023.
The top exporters of aquatic products to Singapore during the period were Malaysia with a 13.42% market share, Indonesia 10.98%, Norway 10.34%, China 9.81%, Vietnam 9.22%, and Japan 8.42%.
Commercial Counselor Cao Xuan Thang, Head of the Vietnam Trade Office in Singapore, said the above statistics demonstrated the important position and role of Vietnamese aquatic products in the Singapore market.
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| Vietnam remained Singapore's 5th largest exporter of aquatic products for three straight quarters. (Photo: baodautu.vn) |
However, to increase market share sustainably, increasing the ranking and export value of aquatic products to Singapore, Vietnam needs to continue improving the product quality.
He noted that high inflation and the trend of tightening spending in Singapore are also major challenges for exporters, including Vietnam.
Countries that can take advantage of logistics and reduce costs will create a greater competitive advantage in exporting goods to Singapore, Thang added.
Vietjet launches Nha Trang - Daegu air route
Vietjet Air has launched an air route connecting the coastal city of Nha Trang in the south-central province of Khanh Hoa and Daegu city in the Republic of Korea (RoK) with seven return flights per week, reported Vietnam News Agency.
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| Representatives of the Department of Tourism of Khanh Hoa, Cam Ranh International Airport and Vietjet Air welcome visitors from Daegu to Cam Ranh. (Photo: baokhanhhoa.vn) |
A representative of the carrier said that the launch of the Nha Trang-Daegu route is an important milestone in its journey to expand its flight network to the RoK.
Since its first flight connecting Vietnam and the RoK in 2014, Vietjet has carried nearly 11 million passengers on 12 routes between the two countries, including those connect major Vietnamese cities such as Hanoi, Ho Chi Minh City, Hai Phong, Da Nang, Nha Trang, Phu Quoc and Da Lat with leading cities in the RoK like Seoul, Busan and Daegu, making it easier for passengers to travel between the two nations.
To welcome passengers on the new route, Vietjet is offering attractive promotion programmes on its website or mobile app.
In September, Vietnam served 12.7 million foreign visitors, including 3.3 million from the RoK, making the East Asian country the largest international tourism market of Vietnam.
According to Vietjet, Daegu is one of the largest cities in the RoK, an interesting destination with a harmonious combination of modernity and traditional culture. It attracts tourists with famous festivals such as the cherry blossom festival, shopping districts, and many cultural relics like Donghwasa Temple and Daegu Yangnyeongsi Museum.
Meanwhile, Nha Trang is known as the pearl in the East Sea of Vietnam, famous for its long coastline, many resorts, and mild climate all year round. This is a destination for those who love to relax by the sea.
Vietnamese tea wins “Teas of the World” international awards
The special flavour of Shan Tuyet tea from Lao Cai province won the hearts of the judging panel at the “Teas of the World” international competition, as announced by the Agency for the Valorization of Agricultural Products (AVPA) in France, reported the Voice of Vietnam.
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| Lao Cai Shan Tuyet tea wins “Teas of the World” international awards. (Photo: VOV) |
Both Vietnamese tea entries, including Trà Rồng đỏ Hoàng Liên Sơn (Flying Red Dragon) and Trà Ký ức Hoàng Liên Sơn (Hoang Lien Son Memory), brought home two bronze awards.
An impressive award went to another tea, Trà Thác nước Hoàng Liên Sơn (Hoang Lien Son Waterfall) which is also from Lao Cai province.
Grown at 1500 metres above sea level amidst the clouds and mist, Lao Cai Shan Tuyet tea captures the essence of its mountainous terrain. Lao Cai Shan Tuyet tea is a true testament to the craftsmanship and dedication practiced by the H'Mong ethnic people.
Shan Tuyet tea represents the first five-star OCOP product of Lao Cai that has been exported to the United States and Europe. An awards ceremony will be held on November 4 in France, with the event helping to promote Vietnamese tea to the international market.
Earlier in the “Teas of the World” international competition, Vietnamese tea from the northern provinces of Thai Nguyen, Ha Giang, Yen Bai, Son La, and Lai Chau were honoured in 2018, 2019, and 2022.
A total of two gold, four silver, three bronze, and seven impressive prizes ultimately went to Vietnamese tea.
Local firms promote wooden furniture at High Point Market Fall 2024 in US
Dozens of Vietnamese wooden furniture, interior, and exterior decoration enterprises have introduced their wooden furniture and interior decoration products at the High Point Market Fall 2024 taking place in North Carolina in the US, reported the Voice of Vietnam.
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| Vietnamese pavilion at the fair (Photo: VOV) |
Upon addressing the event, Le Hoang Tai, deputy director of the Vietnam Trade Promotion Agency (VIETRADE), emphasized that Vietnamese timber and wood exports during the first nine months of the year surged by 17.2% to reach nearly US$12.2 billion against the same period from last year.
The major markets for Vietnamese timber and wood products include the US, China, and the EU, with import value soaring to reach US$5.9 billion. Among these markets, the US took the lead and accounted for 54.4% of total export revenue, up 24.7% compared to 2023.
In particular, VIETRADE places importance on disseminating information on the Vietnamese pavilion through sending emails to potential customers, printing and distributing catalogs to introduce local businesses to foreign partners at the fair, as well as posting news in major and reputable newspapers about the wood furniture industry in the US such as Furniture Today.
Tai stressed that participation in the annual wood furniture fair in the US through the national trade promotion programme since 2003 has significantly contributed to boosting the export growth whilst elevating the brand of Vietnamese wood products in this market.
US importers have therefore recognized Vietnam to be a reliable source of timber and wood products, especially in the wooden furniture segment which the country has been the leading supplier to the US market, he noted./.