Vietnam and Nigeria hold a B2B Networking Webinar on Fashion Products 2020 on October 22-23. (Photo: Bnews)
Hanoi (VNA) – Close to 130 Nigerian importershave participated in the Vietnam – Nigeria Business-to-Business (B2B)Networking Webinar on Fashion Products 2020.
The event was co-held by the Vietnam Trade Promotion Agency (Vietrade)under the Ministry of Industry and Trade, the Trade Office of the Embassy of Vietnam in Nigeria, andNigeria’s Lagos Commerce and Industry Chamber on October 22 – 23.
It provided a platform for Vietnamese producers andexporters of fashion products and Nigerian importers to learn about each other’sdemand and capacity and seek partnership, contributing to boosting the bilateral trade turnover.
In his remarks at the plenary session, Vietrade Director VuBa Phu said the sub-sectors in Vietnam’s fashion industry, including textiles,footwear and handbags, have seen rapid growth over recent years and played anincreasingly important part in the national economy.
Vietnam is among the world’s top three textile exporters,after China and India, while it is also among the global leading exporters infootwear.
Vietnam makes high-quality fashion products which are highlyregarded by foreign importers from many countries and territories, Phu said.
He further noted that Vietnam has seen increasing FDIflows from developed countries, such as Japan, the Republic of Korea, Italy andGermany, into the fashion industry thanks to the country’s successfulcontainment of COVID-19, improved business climate and membership ofnew-generation free trade agreements (FTAs), notably the EU-Vietnam FTA, whichtook effect from August 1.
Vietrade is committed to acting as a bridge betweenenterprises from the two sides and always supporting them in business exchangesand connection as well as investment./.
Deputy Prime Minister Vuong Dinh Hue on September 20 had separate meetings with ambassadors of South Africa and Nigeria to discuss preparations for the upcoming working visit to the two countries by a Government delegation.
Deputy Prime Minister Vuong Dinh Hue held talks with Nigerian Vice President Yeni Osinbajo as part of the Vietnamese official’s working visit to the African country from Oct. 29-31.
Prime Minister Nguyen Xuan Phuc suggested Vietnam and Nigeria step up economic and trade ties after the COVID-19 pandemic passes, during his reception for outgoing Nigerian Ambassador Francis Young Efeduma in Hanoi on July 28.
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The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Vietnam and Nigeria hold a B2B Networking Webinar on Fashion Products 2020 on October 22-23. (Photo: Bnews)
