Category: Trade

Finland participated at CIIE2 expo in Shanghai 

Nina Kopola, the Director General of Business Finland gave an opening speech at the China International Import Expo in Shanghai from 5th – 10th November 2019. Business Finland provides companies with internationalization and financial services, participated a pavilion showcases Finland’s clean energy, food, winter lifestyle and tourism. The expo provided opportunities for Finnish companies looking…

H&M consider leaving Cambodia due to EU trade sanctions

Mr. David Savman, head of production at H&M, said the company would do less business in Cambodia if the current EU trade benefits ended and named China and Indonesia as alternative sourcing countries. Mr. Savman was attending the Textile and Apparel SEA Summit in Phnom Penh last week when quoted by Reuters for saying that…

Vietnamese shrimp quality approved for Scandinavia market

A Vietnamese shrimp farming cooperative, part-funded by Danish firm Northcoast Seafoods, has been certified to Aquaculture Stewardship Council (ASC) standards, according to the WWF. Nong Ngu 14/10 Hoa Nho A, in Soc Trang province, has been formed by 17 smallholder farms. They benefited from new technology including an improvement to shrimp traceability. The certification followed…

Norwegian ships will continue hiring seafarers from the Philippines

Mr. Harald Solberg, chief executive officer of the Norwegian Shipowners’ Association (NSA), says the Norwegian shipowners will continue to hire seafarers from the Philippines. Mr. Solberg expressed his optimism in an interview with the Philippines TV Channel ANC which is also available on Youtube. But don’t expect a boost in hiring anytime soon, he added.…

Nordic perishable goods by train to China now possible: Saving up to 80 percent

Russia’s has removed restrictions on transportation of perishable products via train through Russia to third countries, e.g. China, which may bring big savings to the way for instance salmon from Norway will reach China. Norwegian salmon farmers could see their transport costs to Asia cut by 80%, following this change in Russian regulations. Same goes…

Green light for EU-Vietnam trade and investment agreements

On June 25, the Council of Ministers authorized the EU-Vietnam trade and investment agreements which are set to be signed by Swedish born EU Commissioner for Trade Cecilia Malmström and Romanian Minister for Business, Trade and Entrepreneurship Ștefan-Radu Oprea on the EU’s behalf in Hanoi on Sunday 30 June. The agreements with Vietnam, the EU’s…

China and Norway signed agreements on seafood

Norway’s government has signed agreements with China’s government on May 20 in Norway to facilitate in importing Norwegian salmon, fishmeal and oil to China’s market, according to the report by Undercurrent News, news agency publicizing seafood business news. The deal on salmon was signed to renew the agreement first signed in 2017. The duration of…