Keyword: "Ministry of Industry and Trade"

E5RON92 is capped at 19,862 VND (0.75 USD) per litre, down 78 VND, while the price of RON95-III fell 72 VND to 20,416 VND per litre.

Vietnam’s exports continued to expand strongly, rising more than 16% year-on-year to around 368 billion USD by mid-October, narrowing the gap with last year’s total of over 405 billion USD, according to the Department of Customs.

Under the resolution, the Government assigns the Ministry of Industry and Trade (MoIT) to be responsible for the contents of the draft law, as well as the contents of the reports on acceptance and explanation of opinions of the National Assembly (NA)’s Standing Committee and Government members on the law.

The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 pm on October 30, with most oil and petrol products seeing increases.

“Go Global” is a strategic mission under the Prime Minister’s directive to develop the private sector into a key driver of the economy.

The MoIT said it is gradually building a modern, digital, and globally connected national trade promotion ecosystem, with the fair serving as a launchpad. If held annually, it could blossom into a Southeast Asian export accelerator, reinforcing Vietnam’s stature as a key destination in the global trade network.

With the participation of hundreds of tea producers, cooperatives, and brands from across the country, this year’s event not only promotes the image of Vietnamese agricultural products but also paves the way for the tea industry to strengthen its foothold in global markets.

Vietnam's e-commerce market has surpassed 25 billion USD, a 20% increase from the previous year, accounting for about 10% of total retail sales and consumer service revenue. That gives Vietnam the third place in Southeast Asia in this regard.

The fair, expected to take place from October 20 to November 5, aims to serve as a major platform for promoting trade, investment, and consumption, as well as strengthening commercial, industrial, agricultural, and service linkages. It is also expected to stimulate domestic production and import-export activities.

The Ministry of Finance and the Ministry of Industry and Trade announced the latest fuel price adjustment, effective from 3:00 p.m. on October 2, with most oil and petrol products seeing increases.

At the start of 2025, the industry had set a target of 20–22%. Yet, figures from the first eight months show growth of 25–27%, outpacing forecasts by 3–7 percentage points. This reflects both the post-pandemic momentum of the market and the impact of supportive policies, alongside changes in consumer behaviour.

The Ministry of Industry and Trade has asked its affiliated agencies to accelerate industrial restructuring, with a focus on mastering, transferring and applying new technologies, and developing high-quality human resources for strategic, foundational, emerging and supporting industries.

Since the start of 2025, fuel prices in the country have gone through 39 adjustments. The price of RON95 gasoline has increased 22 times and decreased 17 times, while that of diesel has risen 20 times, fallen 18 times, and remained unchanged once.

The conference will review outcomes of border trade cooperation since 2020 and discuss measures to boost bilateral investment, upgrade border trade infrastructure, and expand future collaboration.

The Ministry of Industry and Trade, and the Ministry of Finance announced increases in retail petrol prices, effective from 3:00 pm on September 4.

Accordingly, E5 RON92 petrol is now capped at 19,711 VND (0.75 USD) per litre, up 307 VND from the previous adjustment, while RON95-III petrol costs 20,363 VND per litre, up 452 VND.

Along with investment agreements, the Ministry of Finance will lead negotiations on credit supply for both projects, aiming to complete negotiations in September for Ninh Thuan 1 and March 2026 for Ninh Thuan 2.

A TikTok Vietnam representative highlighted the power of social commerce, saying craft products can be sold through engaging and emotional videos, something more effective than traditional advertising,

E5 RON92 petrol was capped at 19,464 VND (0.74 USD) per litre, up 110 VND; and RON95-III rose 208 VND to 20,092 VND per liter.

Discussions will zero in on risks facing Vietnamese exports, including heightened scrutiny over circumvention and origin fraud in major markets; as well as opportunities and challenges awaiting domestic firms in 2025.