Gov’t to loosen conditions for auto imports Business

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.
Rising treat for sugar producers after ATIGA Business

Rising treat for sugar producers after ATIGA

Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
Highlights in economic growth in 2018 Business

Highlights in economic growth in 2018

The year 2018 ends with several records, which are the highlights in the national economic panorama, laying the firm foundation for the country to strive to successfully implement the Resolution of the 12th National Party Congress and Resolution 142/2016/QH13 on the five-year socio-economic development plan for 2016-2020.
ASEAN works towards innovative agriculture World

ASEAN works towards innovative agriculture

The Senior Officials’ Meeting (SOM) of the ASEAN Ministers on Agriculture and Forestry (AMAF) opened in Hanoi on October 8 to prepare for the 40th meeting of AMAF, the 18th AMAF+3 and the 6th ASEAN-China Ministerial Meeting on Quality Supervision, Inspection and Quarantine.
 ASEAN affirms central role in creating new trade architecture: AEM-50 World

ASEAN affirms central role in creating new trade architecture: AEM-50

Through the negotiations of the Regional Comprehensive Economic Partnership (RCEP), the Association of Southeast Asian Nations (ASEAN) has affirmed its central role in creating new regional trade architecture that contributes to the multilateral trading system and creating momentums to boost trade liberalisation and commercialisation.
Foreign goods puts pressure on domestic businesses Business

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.
Tax on imported sugar to remain at 5 percent Business

Tax on imported sugar to remain at 5 percent

The tax on imported sugar, as stipulated by the ASEAN Trade in Goods Agreement (ATIGA), will be maintained at 5 percent from the beginning of this year, instead of zero percent as previously rumoured.
Sugar sales face difficulties: association Business

Sugar sales face difficulties: association

The sale of sugar has been facing difficulties since the beginning of October, causing problems for sugar producers in recent days, according to the Sugar and Sugarcane Association.