State to continue support for fuel price fund Business

State to continue support for fuel price fund

The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoang Anh Tuan, Deputy Director of the Domestic Market Department under the Ministry of Industry and Trade, in a recent meeting with industry leaders.
Vietnam to import pork to serve domestic demand Business

Vietnam to import pork to serve domestic demand

The Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development (MARD) have proposed the Government import pork based on the directions of Deputy Prime Minister Vuong Dinh Hue.
MoIT to ensure enough goods for Tet festival Business

MoIT to ensure enough goods for Tet festival

The Ministry of Industry and Trade (MoIT) will ensure the supply-demand balance of essential commodities for the Tet (Lunar New Year) of 2020 and implement a programme on keeping goods in stock for market stabilisation.
Ministry tightens supervision to avoid trade sanctions Business

Ministry tightens supervision to avoid trade sanctions

Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade sanctions imposed by other nations.
Strict punishment for tax evasion urged Business

Strict punishment for tax evasion urged

The General Department of Market Management said that it has discovered many goods circulating in the market do not have clear origin, even containing toxins exceeding the permitted level.
FDI businesses focus on Vietnam retail sector Business

FDI businesses focus on Vietnam retail sector

The Ministry of Industry and Trade said only in big retailers such as Big C and Saigon Co.op, the proportion of Vietnamese goods accounts for over 90%, while in other businesses, it accounts for 70%.
Supermarkets keep stable prices for Tet Business

Supermarkets keep stable prices for Tet

Many trade centres and supermarkets started opening their door right on February 5, the first day of the traditional lunar New Year (Tet), with prices kept at the same level before the longest and most important festival in Vietnam, according to market watchers.