Hanoi (VNA) – A seminar was held inHanoi on March 29 to provide Vietnamese firms with the latest information abouttrade development opportunities in Israel.
Deputy head of the Trade Promotion Agency underVietnam’s Ministry of Industry and Trade Le Hoang Tai said Vietnam and Israelhave set up cooperation in wide-ranging fields since they establisheddiplomatic ties in 1993.
Two-way trade surpassed 1 billion USD in 2017with Vietnam’s exports to Israel worth over 700 million USD, he cited.
As of 2017, Israel ran 26 direct investmentprojects in Vietnam with total capital of over 47 million USD, ranking 11thamong the 56 countries and territories investing in the Southeast Asian country.
Notably, the processing and manufacturingindustries attracted seven foreign direct investment (FDI) projects worth morethan 25 million USD.
Israel has pledged to provide a credit packageof 250 million USD for Vietnamese businesses in the coming time, he added.
Deputy head of the Ministry of Industry andTrade’s Department of Asia-Africa Market Le Thai Hoa said Israel has adeveloping economy with hi-tech industries playing the crucial role.
He hoped Israel will promote technologicaltransfer to Vietnam to develop the economy.
Israel is one of the countries with hi-techagriculture development, he said, adding that Vietnam could become a potentialmarket for Israeli businesses in manufacturing and creating state-of-the-artfarming equipment.
Vietnam is able to export farm produce likerice, coffee, tea, pepper, and timber products, as well as garments andfootwear to the country.
He suggested Vietnamese enterprises activelyparticipate in trade fairs and coordinate with relevant agencies to promotetheir products.-VNA
Vietnam’s Ministry of Science and Technology and its Israeli counterpart inked a memorandum of understanding (MoU) on cooperation in science and technology in Israel on July 25.
Plans to strengthen cooperation between Vietnam and Israel were discussed at the second meeting of the Vietnam-Israel Intergovernmental Committee for Economics, Science and Technology in Tel Aviv, Israel from July 24-26.
Vietnam and Israel have agreed to strengthen their cooperation during the second meeting of the Vietnam-Israel inter-governmental committee for cooperation in economy, science, technology and other areas.
The Vietnamese Embassy in Israel on February 11 held a get-together in Tel Aviv for overseas Vietnamese in the country to celebrate the Lunar New Year (Tet) festival 2018.
Five Vietnamese students have completed an agricultural MSc programme under cooperation between the Arava International Centre for Agriculture Training and Tel Aviv University of Israel.
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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.
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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.
At the workshop (Source: //www.qdnd.vn) 
