Vietnam’s sugar output is expected to reach 1.31 million tonnes in the 2011-12 crop, according to the Ministry of Agriculture and Rural Development.

The Vietnam National Textile and Garment Group (Vinatex) said on May 10 that it will team up with Itochu Corporation of Japan to build a modern fibre plant in the northern province of Nam Dinh.

Nhan Dan – Vietnam’s export price for natural rubber reached CNY23,400 (US$3,700) per tonne, the highest price so far this year, according to the Ministry of Industry and Trade.

Two-way trade between Vietnam and Pakistan is forecast to rise around 30% from last year’s figure, trade experts said.

Russia, Belarus and Kazakhstan are negotiating for a free trade agreement (FTA) with Vietnam to set up a four-party free trade area, according to Viktor Khristenko, President of the Eurasian Economic Commission (EAEC).

Vietnam is expected to boost its plastic exports to Cambodia , one of its largest plastic importers after Japan, the US, Germany and Thailand.

Vietnam’s Chamber of Commerce and Industry (VCCI) and the US’s Fair Labour Association (FLA) signed a two-year deal for a project to enhance the management of corporate social responsibility, in Hanoi on April 11.

Nearly 300 businesses from 18 countries and territories are showcasing their products and services at the 22nd International Fair on “Garments and Textiles Equipment and Accessories” (Saigon Tex 2012) which opened in Ho Chi Minh City on April 11.

An array of solutions to help small and medium-sized enterprises (SMEs) deal with difficulties in capital are proposed at a seminar in Hanoi on April 6.

The Vietnam Chamber of Commerce and Industry (VCCI) on March 14 launched the Vietnam Annual Business Report 2011, which presents an assessment on the development of Vietnamese enterprises and changes in the business environment in the country.

Belgian Crown Prince Philippe, accompanied by executives from 200 businesses, arrived in Vietnam on March 11 for a visit that will last till March 16 to promote trade and economic linkages between the two countries.

Vietnamese businesses have affirmed their strong presence at the ongoing Thailand-ASEAN trade fair 2012 in the Thai province of Ubon Ratchathani.

The Vietnamese embassy in Canada and the Hanoi-based Ky Nguyen Tourism and Trading Company are participating in the 18th Canada Tourism Expo, which opened in the Ottawa Conference Centre on March 10.

Nhan Dan - The Vietnamese system of credit institutions will be comprehensively restructured in order to develop commercial banks up to regional standards.

Nhan Dan – The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment and the Japan-based Forval Corporation co-organised a seminar in Hanoi yesterday to call on Japanese small-and-medium sized enterprises (SMEs) to invest in Vietnam’s industrial zones (IZs).

Nhan Dan – National flag carrier Vietnam Airlines officially became the largest shareholder of the budget airline Jetstar Pacific (JPA).

Vietnam and Angola are promising open markets and the Vietnam-Angola Business Forum is an opportunity for the two countries’ businesses to develop their markets in coming years, said Vice State President Nguyen Thi Doan.

Nhan Dan – Rice producer Vien Phu JSC, based in the southernmost province of Ca Mau, has recently received two prestigious international certifications for organic produce, ensuring their produce will be desired among international consumers.

Nhan Dan - Border trade exchange between Vietnam and China has progressed well, especially in the 2006-2011 period, and contributed to economic and trade development in both countries.

A group of Spanish businessmen will attend the Spain-Vietnam Business Forum to be held in Ho Chi Minh City from April 16-17.