Commercial banks agree to cut lending interest rates (26/05/2023)
Moves made following the central bank’s decision to cut regulatory interest rates from May 25.
Moves made following the central bank’s decision to cut regulatory interest rates from May 25.
China approves additional 47 Vietnamese durian growing area codes (25/05/2023)
The General Administration of Customs of China (GACC) has granted an additional 47 growing area codes to Vietnamese durian, bringing the total number of planting area codes up to 293.
The General Administration of Customs of China (GACC) has granted an additional 47 growing area codes to Vietnamese durian, bringing the total number of planting area codes up to 293.
Vietnamese food products showcased at Thaifex Anuga (25/05/2023)
Now open in Bankgok, Thaifex Anuga is Asia’s largest food and beverage trade show.
Now open in Bankgok, Thaifex Anuga is Asia’s largest food and beverage trade show.
Lawmakers propose extending VAT reduction to 2024 (25/05/2023)
Cut has helped accelerate production and trade.
Cut has helped accelerate production and trade.
Vietnam asks businesses to keep close watch on US investigation into boltless steel shelving imports (24/05/2023)
The US Department of Commerce (DOC) has commenced anti-dumping investigation into boltless steel shelving units from Vietnam, Trade Remedies Authority of Vietnam said, recommending enterprises producing and exporting related products keep a close watch on the next developments of the case.
The US Department of Commerce (DOC) has commenced anti-dumping investigation into boltless steel shelving units from Vietnam, Trade Remedies Authority of Vietnam said, recommending enterprises producing and exporting related products keep a close watch on the next developments of the case.
Smart logistics key for competitiveness improvement: Experts (24/05/2023)
To meet the demands of domestic trading and import-export activities, the logistics sector is working towards professional and competitive services meeting international standards, in which smart logistics development is considered the key solution.
To meet the demands of domestic trading and import-export activities, the logistics sector is working towards professional and competitive services meeting international standards, in which smart logistics development is considered the key solution.
Trade value continues downwards (24/05/2023)
Vietnam’s total import-export turnover this year as of May 15 has been estimated at $230.59 billion, a year-on-year decline of 15.4 per cent, figures from the General Department of Vietnam Customs show.
Vietnam’s total import-export turnover this year as of May 15 has been estimated at $230.59 billion, a year-on-year decline of 15.4 per cent, figures from the General Department of Vietnam Customs show.
Vietnam becomes RoK’s fourth largest rubber supplier (24/05/2023)
Vietnam ranked fourth among the Republic of Korea (RoK)’s five largest suppliers of rubber, according to the Import-Export Department under the Ministry of Industry and Trade.
Vietnam ranked fourth among the Republic of Korea (RoK)’s five largest suppliers of rubber, according to the Import-Export Department under the Ministry of Industry and Trade.
First all-cargo air service between Viet Nam and UK launched (23/05/2023)
TT Meridian, an international logistics and trading company specialising in the UK and Viet Nam markets, has become the first Vietnamese business in the UK to open an all cargo air route between Viet Nam and the UK via Turkmenistan.
TT Meridian, an international logistics and trading company specialising in the UK and Viet Nam markets, has become the first Vietnamese business in the UK to open an all cargo air route between Viet Nam and the UK via Turkmenistan.
Listed textiles enterprises face negative prospects this year (23/05/2023)
Many textile companies are struggling as they have to reduce employees due to shrinking revenues.
Many textile companies are struggling as they have to reduce employees due to shrinking revenues.
Timber exporters face sharp decline in orders (23/05/2023)
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.
VN to complete the development of national system for origin tracing (23/05/2023)
It is pressing for Việt Nam to complete a national system for origin tracing as the market has increasing demand for transparency of product quality and origin tracing was becoming mandatory for products to enter foreign markets, according to Nguyễn Hoàng Linh, Deputy Director of the Directorate for Standards, Metrology and Quality.
It is pressing for Việt Nam to complete a national system for origin tracing as the market has increasing demand for transparency of product quality and origin tracing was becoming mandatory for products to enter foreign markets, according to Nguyễn Hoàng Linh, Deputy Director of the Directorate for Standards, Metrology and Quality.
ASEAN consumes half of Vietnamese fertilizer exports (22/05/2023)
April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.
April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.
Joint efforts exerted to fight IUU fishing (22/05/2023)
Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)’s “yellow card” warning to be removed soon.
Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)’s “yellow card” warning to be removed soon.
Vietnam, Israel cooperate to early enforce trade deal (22/05/2023)
Vietnam will continue to work closely with Israel to early sign and enforce the two countries’ Free Trade Agreement (FTA), bringing practical benefits to businesses and people of both sides, Minister of Industry and Trade Nguyen Hong Dien stressed at a meeting with Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on May 19.
Vietnam will continue to work closely with Israel to early sign and enforce the two countries’ Free Trade Agreement (FTA), bringing practical benefits to businesses and people of both sides, Minister of Industry and Trade Nguyen Hong Dien stressed at a meeting with Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on May 19.
Vietnamese consumers encouraged to purchase domestic fruits (22/05/2023)
Domestic consumers appear to be confused about information on domestically grown fruits and think the products are not safe enough, even though developed and neighboring markets have been buying Vietnam’s fruits for many years.
Domestic consumers appear to be confused about information on domestically grown fruits and think the products are not safe enough, even though developed and neighboring markets have been buying Vietnam’s fruits for many years.
Commodity market prices benefit Vietnamese enterprises (19/05/2023)
Movements in the commodity market are temporarily bringing advantages to Vietnam’s manufacturing industries and import-export sector.
Movements in the commodity market are temporarily bringing advantages to Vietnam’s manufacturing industries and import-export sector.
Power plan focuses on gas-fired power, export of renewable energy (19/05/2023)
The Prime Minister has signed Decision 500/QD-TTg dated May 15, 2023 approving the national power development plan for 2021-2030 with a vision towards 2050. The plan is known as PDP 8.
The Prime Minister has signed Decision 500/QD-TTg dated May 15, 2023 approving the national power development plan for 2021-2030 with a vision towards 2050. The plan is known as PDP 8.
VinFast expands into Southeast Asian market (19/05/2023)
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
Vietnamese logistics firms losing home market (18/05/2023)
Vietnamese logistics firms believe that their workforce, infrastructure and service lines are not inferior to foreign ones. But they say they still have to work for foreign firms located in Vietnam.
Vietnamese logistics firms believe that their workforce, infrastructure and service lines are not inferior to foreign ones. But they say they still have to work for foreign firms located in Vietnam.
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