Australia increases shrimp import from Vietnam

Australia’s import of shrimp from Vietnam has surged this year while imports from Thailand and China have dropped, the Vietnam Association of Seafood Exporters and Producers (VASEP) said, citing data of the International Trade Center (ITC).

 

According to ITC data, Australia’s import of Vietnamese shrimp increased by 51% in the first seven months of 2022. Processed products accounted for 40% of Vietnamese shrimp shipment to the Australian market.

 

The ITC said due to China’s Zero-COVID policy, China’s shrimp production faced difficulties, and output decreased, causing the country’s shrimp exports to Australia to fall.

 

Moreover, Australian customers favour processed shrimp products while Thailand’s processing level is not as high as Vietnam’s.

 

Australia’s total shrimp imports in the first seven months of this year were valued at nearly 234 million USD, up 29% over the same period last year./.

 

Source: Vietnam News Agency

 

Khanh Hoa: Two injured Filipino sailors brought ashore for treatment

 

Vietnam’s maritime search and rescue forces have brought two injured Filipino sailors on board a Panama’s vessel to the central province of Khanh Hoa for emergency treatment.

 

On November 8, the ship was navigating through waters about 78 nautical miles southeast of Nha Trang when one sailor suffered from a headache, bleeding profusely and was in a life-threatening situation while another had difficulty walking.

 

The Energy Hope ship, which was en route from Singapore to the Republic of Korea, asked for assistance to bring the sailors ashore for emergency aid.

 

Upon receiving the information, the Vietnam Martitime Search and Rescue Coordination Centre (MRCC) contacted the vessel to give instructions on how to provide first aid for the victims.

 

The centre dispatched a rescue ship and arranged a medical emergency team in Nha Trang port to rescue the sailors. The victims were brought to the port at 10.30pm on the same day and then rushed to a hospital in Nha Trang city for treatment./.

 

Source: Vietnam News Agency

 

E-commerce platforms do not have to pay taxes on behalf of sellers

E-commerce platforms do not have to pay taxes on behalf of sellers, and are only responsible for providing information to the authorities.

 

Decree 91/2022/ND-CP amending and supplementing a number of articles of Decree 126 detailing the Law on Tax Administration has just been promulgated by the Government, effective from October 30.

 

Specifically, the new decree stipulates that the organisation that is the owner of an e-commerce floor is responsible for providing fully, accurately and on time to the tax agency information of traders, organisations or individuals that have conducted part or the whole process of buying and selling goods and services on the e-commerce trading floor.

 

This information includes the seller’s name; tax identification number, personal identification number, identity card, citizen identification, passport, address; phone number; and sales through the floor’s online ordering function.

 

The provision of information is carried out on a quarterly basis, no later than the last day of the first month of the following quarter.

 

E-commerce floors will provide required information through the Portal of the General Department of Taxation in the data format published by this agency.

 

Before that, the e-commerce floor was expected to pay taxes on behalf of sellers.

 

The recently released Vietnam E-commerce White Paper 2022 has forecast that the size of the Vietnamese retail e-commerce (B2C) market will reach 16.4 billion USD this year, up 20% over the previous year.

 

According to the General Department of Taxation, Vietnam currently has 139 e-commerce trading floor owners, in which, 41 sales floors, 98 service floors, and three partner companies of foreign suppliers are allowed to pay tax for organisations and individuals on behalf of foreign suppliers.

 

The average number of customers accessing the trading floors is estimated at 3.5 million times per day./.

 

Source: Vietnam News Agency

Over 300 rescued Sri Lankans in stable conditions: spokesperson

More than 300 Sri Lankans who were rescued at sea off Vietnam are now in stable conditions and have been provided with temporary accommodations, Vietnamese Foreign Ministry spokesperson Le Thi Thu Hang told a press conference on November 9.

 

At 6pm on November 6, Myanmar-flagged fishing vessel LADY R3, which was carrying the 305 Sri Lankans to Canada, broke down and drifted at sea about 258 nautical miles to the southeast of southern Ba Ria-Vung Tau province’s Vung Tau cape.

 

Encountering the incident coupled with strong wind, the ship sent out a mayday.

 

Upon receiving the distress signal, the Region 3’s maritime search and rescue coordination centre immediately searched the waters to locate the fishing vessel and broadcast emergency signals to other ships in the vicinity.

 

From 3:30 to 5:30pm on November 7, Japanese cargo ship HELIOS LEADER, en route from Japan to Singapore, approached the LADY R3 and brought all the passengers on its board.

 

All of the Sri Lankans have been handed over to Ba Ria-Vung Tau competent forces and the Consulate General of Sri Lanka in Ho Chi Minh City. They are now staying in Vung Tau city, and Dat Do and Xuyen Moc districts.

 

According to the spokesperson, after learning of the incident, the Foreign Ministry informed the Sri Lanka Embassy in Hanoi and it is closely coordinating with certain international organisations, relevant agencies and Ba Ria-Vung Tau province to deploy humanitarian aid in line with Vietnamese law and international practice.

 

The ministry is working with relevant sides in the spirit of humanity, responsibility and international cooperation, she stressed.

 

Hang noted that over the past time, Vietnamese maritime forces have successfully rescued foreign vessels in distress in the waters belonging to Vietnam’s sovereignty, sovereign right and jurisdiction./.

 

Source: Vietnam News Agency

President welcomes South Australia Governor

 

President Nguyen Xuan Phuc received Governor of South Australia state Frances Adamson in Hanoi on November 9.

 

Congratulating Australia and the state on their development achievements, Phuc thanked the Australian Government for its decision to increase official development assistance (ODA) for Vietnam, describing it as a valuable support to help boost socio-economic development in remote areas in the Southeast Asian country.

 

The guest expressed her delight at the development of the two countries’ relations, affirming that the implementation of the joint statement issued in the official visit to Australia in 2018 by then Prime Minister Phuc has contributed to the bilateral cooperation in the fields of economics-trade, defence security, science-technology, and innovation.

 

Regarding green energy, the governor said that her state is willing to collaborate with Vietnamese localities in implementing activities to protect the environment and respond to climate change.

 

She said she hopes for more cooperation activities to be organised next year when the two countries celebrate the 50th anniversary of the establishment of their diplomatic ties.

 

President Phuc affirmed that Vietnam always attaches great importance to promoting the strategic partnership with Australia, an important development partner of Vietnam in the South Pacific and also a comprehensive strategic partner of ASEAN.

 

Given the effective cooperation in education between South Australia and Vietnam’s Nghe An province and Da Nang city, he asked the state to expand collaboration with other localities and consider the opening of a trade and investment office.

 

The leader also showed his hope that the Australian government will create favourable conditions for the Vietnamese community living there so that they can contribute more to socio-economic development of and people-to-people exchanges between the two nations.

 

He took the occasion to thank Australia for supporting Vietnam’s running of election to the United Nations Human Rights Council for the 2023-2025 term, affirming that Vietnam will continue to make effective and substantive contributions to this mechanism./.

 

Source: Vietnam News Agency

ASEAN armies promote cohesion for peace

The 10th Conference of ASEAN Senior Non-Commissioned Officers (ASMAM-10) took place in Hanoi on November 9 under the chair of Colonel Nguyen Le Phuong, Deputy Director of the Institute for Defence International Relations under the Vietnamese Ministry of Defence.

 

In his opening remarks, Colonel Duong Quy Nam, Director of the Institute for Defence International Relations emphasised the increasing important role of non-commissioned officers in cooperation between the armies of ASEAN countries, saying that the force directly participates in not only combat operations but also activities to respond to natural disasters and epidemics.

 

He underlined the important and urgent requirement to further promote cooperation between non-commissioned officers of the regional countries’ armies, for more practical and effective defence – military cooperation within the bloc, and a favourable environment for socio-economic recovery and development in the region.

 

Through the event, Vietnam wants to convey its desire to foster cooperation, towards creating a sustainable peaceful environment in the region, and practically contributing to enhancing the role played by ASEAN countries’ armies in responding to common challenges, the officer said.

 

The event offers a venue for non-commissioned officers and professional servicemen to exchange experience in responding to regional non-traditional security challenges. Participants also proposed specific and appropriate measures to strengthen cooperation and cohesion among the armies of ASEAN member countries.

 

As an annual event, ASMAM has contributed to promoting defence-military cooperation between army forces in particular and the armed forces of ASEAN countries in general. Vietnam hosted the event of this kind for the first time in 2014.

 

In the framework of the event, participants will joint an exchange with officers, lecturers and students of the Military Science Academy, visit a number of cultural and historical relic sites, and attend the closing ceremony of the 30th ASEAN Armies Rifle Meet (AARM-30)./.

 

Source: Vietnam News Agency

PM visits socio-economic establishments symbolising Vietnam-Cambodia cooperation

Prime Minister Pham Minh Chinh on November 9 visited Cho Ray-Phnom Penh Hospital and Metfone, an affiliate of the Viettel Military Industry and Telecoms Group, which are considered symbols of the Vietnam-Cambodia partnership.

 

Located in Meanchey district of Phnom Penh, Cho Ray-Phnom Penh Hospital was established in 2014 with the cooperation between Saigon Medical Investment JSC of Vietnam and Sokimex Co. of Cambodia.

 

In the first phase, it has 200 beds and 25 departments, with modern facilities and management technology and personnel supported by Cho Ray Hospital in Ho Chi Minh City.

 

PM Chinh lauded the hospital’s performance over the years in providing health care services to locals, fostering cooperation between the two countries in health care, and training medical human resources for Cambodia, thus contributing to reinforcing the friendship between the two countries.

 

He asked the hospital to focus on enhancing the quality of medical services and its personnel, and bettering its governance to reduce treatment cost for patients.

 

Visiting Metfone, PM Chinh hailed the firm’s effective business operations over the past 13 years, as well as its active engagement in social welfare activities, including those to care for Vietnamese-origin Cambodians, which has contributed to the friendship between the two countries.

 

Launched in 2009, Metfone has become the top telecommunications brand in Cambodia with more than 9 million customers, holding 41.7% of the local market share. Its mobile network has covered 99% of Cambodia’s population. The firm has created jobs for nearly 30,000 labourers.

 

The PM urged the firm to continue expanding its operation, improving service quality and increasing revenue, and further enhancing the value of the Metfone trademark not only in Cambodia but also in the region.

 

The Vietnamese Government leader said he hopes Metfone will make more contributions to reinforcing the Vietnam-Cambodia friendship, promoting the tradition of Vietnamese military as well as the image of Uncle Ho’s soldiers in the Fourth Industrial Revolution era in Cambodia./.

 

Source: Vietnam News Agency

Vietnamese exporters having advantages in UK: trade counsellor

Vietnam is having advantages in the British market, and Vietnamese exporters know how to utilise them, a diplomat has said.

 

Vietnam is among the very few countries that have signed a free trade agreement (FTA) with the UK, Nguyen Canh Cuong, Trade Counsellor at the Vietnamese Embassy in the UK, told the Vietnam News Agency (VNA), adding that Singapore and Vietnam are the only Southeast Asian nations to reach such deal.

 

The official pointed to tax incentives for Vietnam under the UK-Vietnam Free Trade Agreement (UKVFTA), and noted that the Southeast Asian country’s increasing national brand values have created positive effects among British businesses and consumers.

 

Cuong highlighted other advantages like hard-working people, dynamic young Vietnamese entrepreneurs and high-quality products – factors commended by the British side.

 

Next year, the UK may join the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP), to which Vietnam has been already a member, and during the process the UK has shown its will to make more open-door commitments to many Vietnamese products, he said.

 

Trade between Vietnam and the UK topped 5.22 billion USD in the first nine months of this year, of which Vietnam ran a trade surplus of 4.07 billion USD with total export revenue of 4.65 billion, up 8.1% year-on-year.

 

Vietnam’s export to the UK is expected to continue rising in the remaining months, especially rice that will grow sharply in the last quarter and even the first two months of 2023.

 

Cuong said apart from trade promotion activities, his office has coordinated to organise many consulting sessions so far this year, focusing on wood and agricultural products, clothes and education products, especially those which Vietnam can benefit under the UKVFTA and the UK has strong demand for.

 

Asked about challenges in the market, he said the long geographical distance and surging fuel prices have pushed up transportation costs.

 

Differences in business methods and practices also remain an obstacle, he said, suggesting Vietnamese enterprises study and adjust theirs to raise trust among British partners./.

 

Source: Vietnam News Agency