Vietnamplus

Hundreds of enterprises of Vietnam and the United Arab Emirates (UAE) gathered at a trade and investment forum in Ho Chi Minh City on October 17.

Vietnam’s textile industry faces many difficulties with both export and production on the decrease due to effects of an intensified China-US trade war, said industry experts.

Traceability of goods is considered as a “boarding pass” for Vietnam in the implementation of the EU-Vietnam Free Trade Agreement.

The Cambodian General Department of Customs and Excise (GDCE) on September 17 announced that all the 83 containers of plastic waste illegally imported into the country have been returned to their originating countries – the US and Canada.

The State budget’s domestic revenue in the first eight months of 2019 is estimated at 808.8 trillion VND (34.8 billion USD), according to the Ministry of Finance.

A conference was held in Hanoi on September 13 to seek ways to boost sustainable exports of agricultural and aquatic products to China.

The anti-dumping duties imposed on stainless steel has not created a monopoly in the market, said the Ministry of Industry and Trade (MoIT).

The Ministry of Industry and Trade (MoIT) late last week informed the Ministry of Finance’s General Department of Customs to accept a new C/O (certificate of origin) form E in accordance with the ASEAN-China Framework Agreement on Comprehensive Economic Cooperation.

A Vietnamese top customs official on August 27 met with representatives from ministries, public agencies and the US Agency for International Development (USAID) to discuss the implementation of a trade facilitation project, with an emphasis on import-export specialised inspection.

Cambodian officials affirmed that strict measures have been taken to curb the illegal import of plastic waste after detecting 83 containers filled with the waste at a sea port last month.

Vietnam imported about 23 million tonnes of coal between the beginning of the year and July 15 worth 2.17 billion USD, according to the General Department of Customs.

Vietnam gained a trade surplus of 1.59 billion USD in the first half of this year, according to the latest statistics from the General Department of Customs.

A trade facilitation programme worth over 21.7 million USD funded by the United States Agency for International Development (USAID) was launched in Hanoi on July 10.

Vietnamese exports of agricultural products must meet food safety, quality and traceability requirements to China which now requires that exports be sent through official channels only, heard a recent workshop in Ho Chi Minh City.

Preferential export taxes offered by CPTPP are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade.

The Government will adopt stricter penalties to prevent foreign goods being exported to the other markets under Vietnamese labels to avoid tariffs.

The trading and transport of large amount of synthetic drugs in the form of pills and mathamphetamine together with heroin from the ‘Golden triangle’ from Laos to Vietnam tend to increase.

Vietnam’s tea industry needs to focus on enhancing quality, diversifying product offerings and building brands to develop in a sustainable way, according to the Ministry of Agriculture and Rural Development.

The execution of guarantee for customs clearance will be piloted in 2021-22 in an effort to enhance trade facilitation, a customs official said.

Vietnam’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to increase strongly through 2030, reaching 25 percent of the na