Thirty importers from Hong Kong (China) said they want to enhance rice trade with Vietnamese partners while attending a seminar held in the Mekong Delta city of Can Tho on November 5.
Rice varieties introduced to Hong Kong's firms at the seminar (Photo: VNA)
Can Tho (VNA) – Thirty importers from Hong Kong (China) said theywant to enhance rice trade with Vietnamese partners while attending a seminarheld in the Mekong Delta city of Can Tho on November 5.
According to Chairman of Rice Merchants Association of Hong Kong Kenneth Chan, theHong Kong business delegation came to Can Tho to study Vietnamese ricevarieties and seek information on Vietnamese exporters.
Following the global rice crisis in 2008, the amount ofrice Hong Kong purchased from Vietnam increased significantly, from 0.5 percentof the territory’s total rice imports in 2008 to 42 percent in 2013, he said.
Statistics showed that Vietnamese rice accounted for 30 percent of Hong Kong’s totalrice imports in the first nine months of 2019, which show the competitivenessand popularity of Vietnamese rice in the Hong Kong market, he underlined.
Vice President and Secretary General of the Vietnam Food Association NguyenTrung Kien said that Hong Kong has become an important market for Vietnameserice in recent years, buying mostly Jasmine, Nang Hoa and KDM rice.
During January-September, Hong Kong imported around 90,000 tonnes of rice fromVietnam at higher prices as compared to rice from other countries, and theregion is forecast to buy 90,000 to 120,000 tonnes of Vietnamese rice in 2020,according to Kien.
Kien suggested local firms to pay due attention to rice processing, qualitymanagement and food safety so as to meet stringent requirements of the HongKong market.
According to a report from Can Tho city’s Department of Industry and Trade, thecity sold 29.6 million USD worth of rice, seafood, garment and textile andprocessed agricultural products to Hong Kong in the first nine months of theyear. Of the total amount, rice export brought home 6.6 million USD.
Director of the department Nguyen Minh Toai said that Can Tho is able to ship1-1.2 million tonnes of rice abroad each year. In addition, local businesseshave built high-quality material zones with many rice varieties qualified toenter fastidious markets like Hong Kong, Japan and the EU.
He expressed his hope that businesses from both sides will take full advantageof the ASEAN-China Free Trade Agreement, which came into force on June 11,2019, so as to boost two-way trade and set up long-term trade cooperationties./.
Vietnam and Hong Kong (China) are in the face of big opportunities to push up investment and trade cooperation, experts said at a workshop held in Ho Chi Minh City on September 20.
Investors from Hong Kong (China) are increasing their capital in Vietnam to grasp opportunities brought by trade and investment agreements inked between the two sides.
A total of 42 businessmen have been licenced to export rice after the Government’s Decree 107 issued on August 15 last year on rice export took effect.
Vietnam shipped abroad 586,000 tonnes of rice in September for 251 million USD, pushing the total rice export volume and value in the first nine months of this year to 5.2 million tonnes and 2.24 billion USD, respectively.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.