A workshop held in Ho Chi Minh City on April 5 provided Vietnamese businesses with updates about consumption trends and export standards in Thailand so as to help capitalise on the biggest trading partner of Vietnam in ASEAN.
Vietnam and Thailand held the fourth meeting of their Joint Trade Committee in Bangkok on April 20, working out orientations, measures, and action plans to soon raise bilateral trade to 25 billion USD.
The Ministry of Industry and Trade (MoIT) and the British Embassy launched the Vietnam National Trade Repository (VNTR) at a ceremony held in Hanoi on March 30.
The Vietnam National Trade Repository (VNTR) has been completed and is set to make its debut on March 30, according to the Ministry of Industry and Trade (MoIT).
Vietnam has proposed that ASEAN countries agree on a pragmatic approach in negotiations to upgrade the ASEAN Trade in Goods Agreement (ATIGA) in order to generate real added value to ASEAN businesses, during the 28th ASEAN Economic Ministers' Retreat that virtually opened on March 16.
ASEAN economic ministers adopted revisions to several terms in the Operational Certification Procedures (OCP) in the first Protocol amending the ASEAN Trade in Goods Agreement (ATIGA) during the virtual AEM-35th ASEAN Free Trade Agreement Council Meeting on September 8.
ASEAN and the US Agency for International Development (USAID) on August 5 held the fifth symposium on the ASEAN Single Window (ASW) to plan for greater private sector engagement and facilitate cross-border trade.
The signing of the Regional Economic Partnership (RCEP) agreement marked Vietnam’s new step in economic integration, contributing to improving its role and position in the region and the world as well.
The sugar industry is facing many challenges and unfair competition from imported and smuggled goods, experts told a conference held in Hanoi on December 1.
While many people believe that sugarcane farmers will face difficulties after Vietnam implements the ASEAN Trade In Goods Agreement (ATIGA), there are also some who say it could offer bright prospects for Vietnamese sugarcane to maximise its economic value if there is coordination between the State, scientists, entrepreneurs and especially farmers.
Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.
Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18.
The first meeting of the ASEAN senior economic officials for the fifty first ASEAN Economic Ministers’ Meeting (SEOM 1/51) was held in Hanoi from January 12 to 14.
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.
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.
Lao authorities have reduced import tariffs on 8,536 products from ASEAN member countries to zero percent as part of efforts to establish the ASEAN Free Trade Area.
The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association.
After 23 years joining the Association of Southeast Asian Nations (ASEAN), Vietnam’s economy has connected closely with the bloc’s economy, especially after the ASEAN Economic Community (AEC) was set up in late 2015, said Minister of Industry and Trade Tran Tuan Anh.
Business
