Prime Minister wishes to boost exports to Kuwait

Update: 08:24 | 04/09/2019

Prime Minister Nguyen Xuan Phuc expressed his wish that Vietnam would be able to export more products to Kuwait during a reception in Hanoi on September 3 for Kuwaiti Minister of Oil and Electricity and Water Khaled Ali Al Fadhel. 

The PM thanked the Kuwaiti government for recognising Vietnam as a market economy and noted that two-way trade had almost reached 2.7 billion USD last year, 77 million USD of which came from Vietnam’s exports, mostly aquatic, forestry and agricultural products, and imports are crude oil.

Prime Minister, exports to Kuwait, Kuwaiti Minister, Oil and Electricity and Water, market economy, two-way trade

Prime Minister Nguyen Xuan Phuc (R) and Kuwaiti Minister of Oil and Electricity and Water Khaled Ali Al Fadhel.

He expressed his delight at the outcomes of bilateral cooperation in oil and gas, particularly the Nghi Son oil refinery and petrochemical plant invested by Vietnam, Japan and Kuwait.

Put into commercial operation in November 2018 with crude oil imported from Kuwait, the project has supplied nearly 40 percent of Vietnam’s demand for oil and gas.

The Vietnamese government leader said Vietnam always creates favourable conditions for investors but they must meet environment requirements and abide by Vietnam’s law.

Al Fadhel, for his part, expressed his belief that the two countries will work closely and effectively together in various areas in the near future.

He affirmed that Kuwaiti investors will partner with Vietnamese and Japanese counterparts to continue implementing the Nghi Son project in an effective way.

Kuwait highly appreciates the Asian market, including Vietnam, he said, adding that Kuwait hopes the project will become a symbol of success in its investment in Asia.

The minister also informed the PM about the outcomes of his working sessions with the Ministry of Industry and Trade and Vietnamese authorities on various areas, including in trade.

Exports of garment-textile, leather shoes surge 10.5 percent
Vietnam’s export turnover of garment-textile and leather shoes during January-July grew 10.5 percent year-on-year to 18.34 billion USD, the Ministry of Industry and Trade (MoIT) said.
Phones and components top list of products with highest export revenue
Phones and components posted export revenue of US$27.29 billion in the first seven month of this year, leading in the rankings for goods with revenue of billions of US dollars during the period.
Export of wood pellets to Japan to rise
Vietnam’s Eastwood Energy JSC and Sweden’s CellMark Group signed a long-term contract in Ho Chi Minh City on August 8 to supply wood pellets to the Japanese market.
Enterprises seek chances to export farm produce to Mexico
 A delegation of the Vietnam Food Association (VFA) made a working visit to Mexico from August 3-7 to look for chances to export rice and other farm produce to American country.

Source: VNA

Bình luận mới vừa được thêm vào. Click để xem
Mới nhấtHay nhấtXếp theo: