Page 8 - Vietnam

McLeod Russel inks deal with Carbon Resources for sale of gardens

McLeod's crop in India is about 45 million kg (mkg) across 31 estates in Assam and two in Dooars

DPIIT hosts Vietnamese delegation to promote bilateral cooperation in Infra

The Department for Promotion of Industry and Internal Trade (DPIIT) has hosted a delegation from Vietnam to promote bilateral cooperation in the infrastructure and logistics sector, an official statement said on Wednesday. The five-day visit of the delegation from July 31 to August 4 is a follow-up to an Indian delegation's visit in March. Around 80 participants, including Vietnamese delegates from various logistics and supply chain companies and associations, had fruitful discussions on both days, the DPIIT said. A direct shipping route between India and Vietnam is a potential area of interest for both sides, it said, adding, investment opportunities in industrial parks and greenfield industrial smart cities such as Dholera Special Investment Region can be explored by Vietnamese businesses. "Investment opportunities in modernisation and monetisation of infrastructure at 85 locations in Tier-I and Tier-II cities under public-private partnership mode, could be explored by the ...

No immediate plan to curb rice exports, says Vietnam food assoc official

Vietnam's 5% broken rice prices rose to $550-$575 per metric ton on Monday, traders said, their highest since 2011, from a range of $515-$525 before India's move

Israel-Vietnamese Free Trade Deal opens Southeast Asia opportunities

By lowering customs taxes on Israeli products, Israel can better compete against similar products from other countries which Vietnam already has free trade with

Missing the real achievements: Why India needs introspection, not bluster

Neither is India the fastest-growing large economy any longer, nor the prime beneficiary of 'China Plus One', but it is surely a key emerging player with a market larger than others, notes T N Ninan

Yellen visits Vietnam to build US ties to offset tensions with China

The US considers building strong economic and security ties with Vietnam a priority, US Treasury Secretary Janet Yellen said Thursday as she met with Vietnamese officials in a visit aimed at fortifying America's relations across Asia. Yellen arrived in Vietnam after visits to Beijing and to India, where she attended financial meetings of the Group of 20 major industrial economies. The United States considers Vietnam a key partner in advancing a free and open Indo-Pacific, Yellen told Vietnamese Prime Minister Pham Minh Chinh, according to remarks provided by the US Treasury Department. A free and open Indo-Pacific refers to the latest iteration of broad US diplomacy aimed at cultivating stronger ties with other countries in the region to in effect counter China's growing sway among its neighbours. Vietnam is also a close economic partner, with our two-way trade reaching record highs last year and the United States serving as Vietnam's largest export market, she said. It is a prior

Tata Coffee Limited (TCL) June quarter revenue grows 6% to Rs 708 crore

The operations in Vietnam by Tata Coffee continue to deliver strong sales with improved profitability

China, Vietnam's share in India's steel import basket rises during Jun 2023

The share of countries like China and Vietnam in India's 4.84 LMT steel import basket during June 2023 has increased on a year-on-year (y-o-y) basis, according to official data. At 4.84 lakh metric tonne (LMT), India's overall steel import registered a 5.9 per cent increase on a month-on-month (m-o-m) basis and 7.6 per cent over June 2022, the Ministry of Steel said. "Share of China, Japan, Vietnam, Saudi Arabia, Russia, Nepal and the USA increased in total steel imports of India in June '23 as compared to June 22...," it said. In June 2022, the import from China was 26.1 per cent and Vietnam was 1 per cent. However, in June 2023, the import from China contributed 37.1 per cent and Vietnam's share was 4.8 per cent in India's steel import basket. The development assumes significance as India has set an ambitious target to increase its steel making capacity to 300 million tonnes and Indian players eyeing for a significant share in the global steel markets. While India's export of .

Beyond Barbie: Hollywood's blurred boundaries & confused ethnic identities

Misrepresentation of borders and whitewashing of characters continues, with 87% American directors being white

India has highest input tariffs for electronic among competing nation: ICEA

India has the highest tariffs on inputs in electronic segment among competing economies, according to industry body ICEA's study that analysed input tariffs in electronics sector across five nations. The high tariffs impact competitiveness, ICEA said on Thursday adding that the industry is seeking reduction of tariffs, and glide path to match Vietnam and other competing nations. The study revealed that high tariff induced costs accentuates India's cost disability vis--vis the four competing economies. India Cellular and Electronics Association (ICEA) said the study is critical to evaluate India's competitiveness to reach the USD 300 billion electronics production goal by 2025-26, including USD 120 billion of exports. A line-by-line comparison of India's non-zero tariffs shows that India's tariffs are higher for up to 98 per cent lines compared to Vietnam (for FTA tariffs) and 90 per cent of the lines compared to Thailand. The competing economies have nearly double or more, zero ta

LG Secretariat rebuts 'overturning CM's decision' charges on Delhi officers

Law Minister Arjun Ram Meghwal on Sunday held talks with visiting Justice Minister of Vietnam Le Thanh Long. In a series of tweets in Hindi, Meghwal said the meeting will further strengthen bilateral ties, including promoting legal and judicial cooperation, between the two countries. He said the talks were held to mark the 51st anniversary of diplomatic relations between India and Vietnam, and completion of seven years of Comprehensive Strategic Partnership.

India, Vietnam discuss opportunities to enhance bilateral naval cooperation

Rear Admiral Tran Thanh Nghiem, Commander of the Vietnam People's Navy, called on India's Naval Staff Chief Admiral R Hari Kumar and discussed the contemporary maritime environment and opportunities to enhance bilateral naval cooperation.Taking to Twitter, a Spokesperson of the Indian Navy said, "VAdm Tran Thanh Nghiem, CinC, #VietnamPeoplesNavy (VPN) called on Adm R Hari Kumar #CNS on 19 Jun 23. Discussions held on contemporary #maritime environment & opportunities to enhance bilateral #NavalCooperation incl areas of capacity building, capability enhancement.""Highlighting the strong relations between the two navies, CinC VPN acknowledged the significance of gifting of the indigenously-built in-service Missile Corvette INS Kirpan towards enhancing Vietnam's naval capabilities," it added.Meanwhile, Vietnam's General Phan Van Giang, who is officially on a visit to India from June 18 to 19, held bilateral talks with Indian counterpart Rajnath Singh on Monday to further boost the ..

India gifts indigenously-built missile corvette 'INS Kirpan' to Vietnam

Ministry of Defence said that progress on various bilateral defence cooperation initiatives was reviewed during the meeting, with both sides expressing satisfaction at the ongoing engagements

Apple unlikely to apply for subsidies under PLI 2.0 scheme: Report

Apple will continue to focus on making iPhones in India and make Vietnam a hub to make MacBooks

India, Vietnam vow to strengthen marine scientific research, connectivity

India and Vietnam pledged to further strengthen their shared efforts and existing frameworks in areas such as marine scientific research, Humanitarian Assistance and Disaster Relief (HADR)

300 VietJet flight passengers stranded at Mumbai airport due to glitch

As many as 300 passengers of a VietJet flight to Ho Chi Minh City in Vietnam were stranded at the city airport for around 10 hours due to a glitch in the aircraft, according to a passenger. The passenger, on the condition of anonymity, alleged that the airline did not provide hotel accommodation or food for passengers despite the long delay. Under DGCA rules, passengers are to be provided accommodation as well as food by the airline concerned if a flight is delayed beyond a stipulated time. "The flight VJ-884 (operating on Mumbai-Ho Chi Minh City route) was to depart at 11.30 pm on Thursday. We boarded the flight at 11 pm. "However, when it did not take off for an hour, we asked for the reason. We were told there is some glitch in the aircraft and it will take some time for departure," said the passenger who was to travel to Bali via Vietnam on the flight. "Between 11.30 pm and 5 am, till the time they brought us back to the immigration area, no food or water was provided to the .

Adani group may invest $3 bn in Vietnamese renewable energy projects

Chinh said Vietnam welcomed Adani's investment, initially in Lien Chieu Port in the central city of Danang, according to the statement

11 killed in road accident along China-Vietnam border: China officials

Chinese authorities say 11 people were killed in a road accident Friday along the China-Vietnam border, including nine Vietnamese citizens. The incident highlights the persistence of human trafficking in the mountainous border region, where there has long been a trade in agricultural goods and workers coming from Vietnam to the relatively poor Chinese province of Guangxi. One of the other victims was Chinese and the nationality of the other has yet to be determined, according to the social media account of the local Jingxi county government. They were among 14 people aboard an off-road vehicle that overturned and fell into a gully, the government said. It said the incident was related to human smuggling. The survivors included the Chinese driver, a Chinese assistant and two Vietnamese citizens, all of whom are being questioned, the government said. Limited job opportunities in parts of Vietnam have prompted some of its citizens to seek their fortunes in countries where wages are

Bengal, Vietnam have much to do to strengthen bilateral trade: Envoy

West Bengal and Vietnam have much to do in terms of strengthening bilateral trade, Ambassador of Vietnam to India, Nguyen Thanh Hai said on Thursday. Though bilateral trade between the nations has touched USD 15 billion, it only accounts for two per cent of Vietnam's global trade volume, the diplomat said addressing a Bharat Chamber of Commerce organised special session on West Bengal and Vietnam. Speaking on the scope for establishing trade ties with West Bengal, Hai observed that aquaculture, seafood, chemicals, iron and steel, rubber and tourism have been identified as the most vibrant sectors. He felt that an effective FTA between the nations would prove to be beneficial. Vietnam has 400 industrial parks and 18 economic zones. Foreign investors enjoy corporate tax holidays for 15 years, with zero tax liability for the first four years, he added. Sharing his views on the issue of connectivity between West Bengal and Vietnam, the Ambassador said that 50 direct flights are ...

Apple's launched its online store in Vietnam, read full details here

Apple is expanding its business to the South Asian country, Vietnam. Apple users in the country can now shop Apple's full lineup of products and receive exceptional service from online team members.