tk88 bet

Coffee industry striving to adapt to EU’s anti-deforestation law

Vietnam’s coffee industry needs to take measures to adapt to a new European Union (EU) law that prevents the import of commodities linked to deforestation.
Coffee industry striving to adapt to EU’s anti-deforestation law ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) – Vietnam’s coffeeindustry needs to take measures to adap꧑t to a new European Union (EU) law thatprevents the import of commoditie♏s linked to deforestation.

The law, passed in late June and will come into effect by the end of 2024, requires companies sellingcommodities into the EU to produce a due diligence statement andverifiable data proving their goods were not grown on land deforested after2020. The new law covers cattle, cocoa,coffee, beef, soy, palm, timber, and their derivatives such as chocolate, tire, and furniture. The EU is the largest coffee importer from Vietnam. In 2022, Vietnam exported to the EU 689,049 tonnes, worth nearly 1.5billion USD, up 25.8% in volume and 45.4% in value compared to 2021. Being impacted by the new EU law,Vietnamese coffee exporters now have to ensure that the coffee they export isnot linked to deforestation. According to the Vietnam Coffee andCocoa Association, coffee farmers in Vietnam face a major difficulty inensuring traceability. They usually grow coffee in small areaswhich are mostly about 0.5ha or less. It’s not easy for them to prove theorigin of their farming land or afford costs to improve the traceability fortheir coffee. However, according to the association, towell-invested businesses, satisfying green and sustainable standards can bringthem a great opportunity to enhance their products’ value and brands. According to experts, the application ofdigital technology is crucial to meeting the regulation on non-deforestationproducts./.
VNA

See more

ITM Semiconductor Vietnam Co., Ltd. in VSIP Industrial Park, Tu Son, Bac Ninh has always been given favorable conditions by the locality for production and business. (Photo: VNA)

Bac Ni꧟nh exerts efforts t🐟o ensure businesses thrive

To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
Vietnamese Ambassador to Sweden (second, from left) Tran Van Tuan meets with representatives of H&M. (Photo: moit.gov.vn)

H&🦂;M, Nordic businesses seek suppliers in Vietnam

The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Minister of Industry and Trade Nguyen Hong Dien at the 15th National Assembly’s 9th session on June 17 (Photo: VNA)

Vietnam ramps up efforts against coꦬunterfeit goods amid💮st challenges: Minister

Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|