Vietnam workers sent to Taiwan, Japan rise sharply HCMC – The number of Vietnamese sent abroad, especially to Taiwan and Japan, for guest work rose steeply last year, according to the Department of Overseas Labor under the Ministry of Labor, Invalids and Social Affairs. The department’s data was quoted by the news website VnEconomy.vn as indicating that more than 134,700 Vietnamese went abroad for guest work last year, beating the full-year target by a record 28.3%. “There are positive signs that traditional labor markets are maintained and new markets are developed,” said the department’s deputy head Pham Viet Huong. Many labor-exporting companies have proactively penetrated overseas labor markets, and have offered training courses on professional knowledge and language skills so that local workers become well-qualified before going abroad. Taiwan and Japan had strong demand for Vietnamese workers last year, according to the department. In particular, Taiwan took the lead in recruiting Vietnamese workers with roughly 67,000 people in 2017. This was the second year the number of laborers had exceeded 60,000 which made up about half of Vietnamese workers overseas last year. As of last November, the number of Vietnamese workers in Taiwan was more than 206,000, accounting for 30% of the total. A staggering 87% of them got jobs in the industrial production sector while the remainder was in the service sector. Huong of the department said Japan has emerged as a key destination for Vietnam’s labor export. Though Japan is a very demanding market, the number of local… [Read full story]
Since 1992, more than Vietnamese postgraduates have been sent to small-and-medium sized factories in Japan. At present, nearly 10,000 Vietnamese postgraduates, including 6,740 trainees are living and working in Japan. Most Vietnamese postgraduates have come to Japan to attend refresher courses or work in the fields of garments and textiles, electronics, mechanical engineering, construction and seafood processing. The numbers of Vietnamese postgraduates in Japan have increased rapidly in recent years, however, they rose by only 5 percent last year, and dropped by 13.4 percent in the first half of this year due to the negative impact of the global financial…... [read more]
Exports of wood and wooden products in May 2015 were valued at nearly USD2.56 billion, a year-on-year rise of 6.9%, reported the Ho Chi Minh city Handicraft and Wood Industry Association (Hawa). The US, Japan and China were the three biggest importers of Ho Chi Minh city’s wood products, accounting for 65.3% of the total. The advantage came from the economic crisis making European producers reduce their wood production and the US imposing on anti-dumping tax on Chinese wooden products. Vietnam’s wood export turnover is forecast to rise sharply until the end of the year as domestic wood producers have…... [read more]
According to the Singapore Department of Statistics, two-way trade turnover between Vietnam and Singapore reached USD13.1 billion in 2013, a 10.7 percent rise over a year earlier. Of this, commodity exports to Singapore were valued at USD3 billion, up 36.3 percent, while import value from Singapore amounted to USD10.7 billion, up 5.1 percent. Among Singapore's commodities exported to Vietnam, made-in-Singapore products were worth USD4.85 billion, up 4.1 percent, while re-exported products from the third countries reached nearly USD5.89 billion, up 5.9 percent. Major export commodities to Singapore included machinery, equipment, devices and accessories (USD477 million), telephones and components(USD468 million), and…... [read more]
The two-way trade turnover between Vietnam and Brazil in the first quarter of the year reached US$366.8 million, up 32 percent over the same period last year. Brazil's exports to Vietnam were estimated at US$172.247 million and its imports at US$194.601 million, up 34 percent and 30 percent, respectively. Brazil exported mainly soybeans, cigarette, cotton, wood, iron and steel to Vietnam and it imported footwear, printing machines, rubber, and hand-made fibres from the country. The trade turnover between the two countries in 2011 exceeded US$1 billion for the first time, up 53.8 percent against 2010.... [read more]
Of this figure, Vietnam's exports to New Zealand were valued at USD114.7 million, up 54.43 percent and imports from the market were worth USD220.4 million, up 4.85 percent. Vietnam's major commodities to the market during the period were footwear of all kinds, wood and wooden products, fishery products, garments and textiles and cashew. The country mainly imported milk products (USD142 million), materials for garments and textiles, and leather and footwear (USD15.7 million) from New Zealand. New Zealand Ambassador to Vietnam, Haike Manning, said that the bilateral trade relation developed actively and is expected to be expanded in the near future.…... [read more]
