Vietnam to Look for Oil in NicaraguaTuesday, March 24, 2009 Under an agreement signed between the two state oil companies, exploration would begin in four weeks. A delegation from PetroVietnam led by Dinh La Thang signed an agreement yesterday with Francisco Lopez, president of Petroleos de Nicaragua. Imports of fishery Products from Vietnam SuspendedMonday, February 1, 2016 The Panamanian Food Safety Authority has temporarily banned seafood imports from Vietnam. From the resolution published in the Official Newspaper La Gaceta: Agreement Between the U.S. and Vietnam Concerns Textile SectorTuesday, October 30, 2012 Within the framework of the Trans-Pacific Partnership Agreement, the Asian country requires preferential rules of origin to use raw materials from China. Central American textile businesses are worried that Vietnam receives more flexible terms than those of the FTA with the isthmus, a situation which they said could cause the loss of 200,000 jobs. El Salvador Seeks Vietnamese InvestmentMonday, April 16, 2012 The minister of Economy is leading a government delegation in Vietnam, which has been there since April 9th, in order to explore investment opportunities for the country presented by the company Viettel Group in the telecommunications sector. The delegation from El Salvador, headed by the Minister of Economy, aims to monitor this process and demonstrate the Government's interest in facilitating the realization of this investment.
STUDY
Vietnamese Cement in Central AmericaFriday, September 20, 2019 During the first quarter of 2019, Central American companies imported hydraulic cement for $47 million, and purchases from companies in Vietnam increased 155% over the same period in 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
MARKET STUDY
Footwear: Business with Vietnam Still RisingMonday, November 18, 2019 Between January and June of this year, the region imported $304 million in footwear and footwear parts, and purchases from companies in Vietnam grew 13% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Honduras Third Largest Coffee Exporter in the WorldWednesday, August 29, 2012 In the first half of 2012, Honduras overtook Colombia and India as a coffee exporter, taking third place. According to data from the International Coffee Organization, Honduras, together with India, Indonesia, Vietnam, and Brazil, moved Colombia into sixth position in terms of coffee exports. Panama: New Agreements to Exchange Tax InformationTuesday, January 24, 2017 With the approval from the Assembly of Vietnam and Japan, the list of countries with which Panama will exchange tax information is now longer. From a statement issued by the National Assembly of Panama: Footwear: Purchases Increase from Vietnam and MexicoWednesday, November 7, 2018 Between January and June 2018, the region imported footwear and related parts for $313 million, and purchases to Vietnam and Mexico increased 34% and 3%, respectively. Figures from the information system of the Footwear Market and Related Parts in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"] Honduras Wants to Enter Trans-Pacific AgreementTuesday, May 26, 2015 The maquila industry approves of the government's decision to apply for formal admission into the agreement, which would improve conditions for textile companies competing with countries like Vietnam. The Honduran Maquila Association (AHM) is one of the unions in the country which is most interested in being part of the trade union agreement, because the United States is the main destination for its production, and where textiles also come from countries that are already part of the agreement, such as Vietnam. Textile Competitiveness and Trade AgreementsTuesday, September 25, 2012 If Asian countries like Malaysia and Vietnam get access for their textiles to the U.S. under the same conditions granted in the DR-CAFTA, the Central American textile sector will be at risk. The Salvadoran Chamber of Textiles, Clothing and Free Zones (CAMTEX), warns of the risk posed to the sector if the Trans Pacific Partnership Agreement (TPP) comes into effect. Panama - Vietnam Agreement on Double TaxationMonday, July 25, 2016 The agreement signed by the governments will be formalized in August in the city of Hanoi. From a statement issued by the Ministry of Foreign Affairs: Vietnam Limits Coffee ExportsThursday, January 16, 2014 The largest coffee producer in Asia is saving part of the current harvest, waiting for the best prices before selling. Coffee farmers in Vietnam have limited sales of a record crop before the Tet Festival (Lunar New Year) because they expect prices to be higher. Good Prospects for Shrimp ExportsFriday, December 6, 2013 The disease affecting shellfish in Asia has driven up prices and benefited exporters in the region. The lesser supply of shellfish has led to an increase in international prices which has in turn increased the value of exports sent from Central America.
BUSINESS OPPORTUNITY
Vietnamese Cement Invades Central AmericaWednesday, June 16, 2021 In recent years, cement from Vietnam has gained importance in terms of amount purchased, as in 2016 it represented just 0.01% of total regional imports and in 2020 it became the main supplier, as the share went up to 32%. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graph"] |
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