The Ministry of Industry and Trade (MoIT) will implement solutions to support and promote the automobile industry projects of companies such as Truong Hai Automobile Company (Thaco), Thanh Cong Group, VinFast and others.
Competition between domestic and foreign retailers is likely to remain fierce this year, requiring Vietnamese businesses to cooperate in order to maintain their market shares, said an official from the Ministry of Industry and Trade (MoIT).
Vietnam exported 120,000 tonnes of tea in 2018, earning revenue of 219 million USD, year-on-year decreases of 8.4 percent in volume and 3.4 percent in value, respectively.
The retail prices of oil and petrol will be kept unchanged for the next 15 days, the ministries of Finance and Industry and Trade announced on January 16.
The Ministry of Industry and Trade (MoIT) will conduct annual inspections on a number of State and private businesses in different sectors, including those involved in petroleum, telecommunications, pharmaceuticals and multi-level marketing.
Vietnam exported goods to 200 countries and territories worldwide in 2018, including 50 major markets, Sai Gon Giai phong (Liberated Saigon) daily reported.
The past four years have seen a busy journey for the e-commerce market in Southeast Asia and Vietnamese e-commerce growth rate ranked second, just behind Indonesia, in the region, according to Google and Temasek.
The Vietnamese market has seen an increasing amount of Japanese goods winning locals’ predilection.
Rice exports have shown positive signals recently, with many firms winning bidding contracts, according to the Ministry of Industry and Trade (MoIT).
South Africa is a promising market for Vietnamese rice exporters as it consumes about 850,000 tonnes of rice a year, said an official from Vietnam’s Ministry of Industry and Trade (MoIT).
The fifth meeting of a joint committee on economic cooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry of Economic Development took place in Rome on December 4.
A northwestern and northern mountainous specialty week was launched in Big C An Lac supermarket of Ho Chi Minh City on November 23, introducing various products of the localities to southern consumers for the first time.
Vietnam may have to import gas from 2020 to produce electricity for the country’s socio-economic development, according to the Ministry of Industry and Trade (MoIT).
Six major businesses with State ownership represented by the Ministry of Industry and Trade (MoIT) were handed over to the Committee for Management of State Capital at Enterprises (CMSC) on November 10.
Vietnam’s Ministry of Industry and Trade (MoIT) has decided to maintain safeguard measures for steel billets and steel bars imported from a number of countries and territories including China, the US, Canada, Germany, France, Japan and the Republic of Korea.
Vietnam’s textile industry could not take full advantage from the new-generation free trade agreements like the Europe-Vietnam free trade agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) if it continues dependence on imported raw and accessories, according to watchers.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help Vietnam expand exports and join the global value chain more deeply.
Vietnamese businesses should actively prepare the best conditions to take the advantage of preferences to be brought by the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), said experts at a seminar in Ho Chi Minh City on October 25.
