The Ministry of Industry and Trade (MoIT) recently issued Directive No.15 on the implementation of measures to ensure essential consumer goods are available during the upcoming Lunar New Year (Tet) holiday and to stabilise the market.
Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary.
Prime Minister Nguyen Xuan Phuc has asked ministries and People’s Committees of centrally-run cities and provinces to step up the implementation of programmes and tasks on air quality control.
Vinamilk said it exported ten containers of plant-based milk to China in the early days of 2021 and five more containers of condensed milk will soon depart for the world’s largest market.
The first-instance trial for ex-Minister of Industry and Trade Vu Huy Hoang and nine accomplices, slated for January 18, was postponed again due to the absence of many people with related interests and obligations.
The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation, did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16.
Vietnam is always a leading partner of the Netherlands in Asia, said the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag, at an online meeting with Vietnamese Minister of Industry and Trade Tran Tuan Anh on January 14.
The national target programme on electricity supply for rural, mountainous and island areas will reach approximately 871,263 households between 2021 and 2025, as heard at a conference held in Hanoi on January 14 to review its implementation in the past five years.
The first meeting of the Vietnam-Germany Joint Committee for Economic Cooperation was held online on January 12, during which participants discussed the cooperation possibilities in industry and trade, manufacturing-processing, energy, and education-training.
Vietnam’s e-commerce market is forecast to continue growing strongly in the time to come thanks to a big population with high rates of young people and internet users.
Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
The US Department of Commerce (DOC) has announced affirmative preliminary determinations in the anti-dumping investigations of passenger vehicle tires from certain countries, including Vietnam.
Online trade promotion offers businesses, especially small and medium-sized enterprises (SMEs), direct access to international customers, boosts their sales, speeds up the marketing process, and saves costs, experts have said.
Vietnam earned over 3 billion USD from exporting rice in 2020, according to the Vietnam Food Association (VFA), a year-on-year increase of more than 10 percent.
The Trade Remedies Authorities of Vietnam has proposed the Ministry of Industry and Trade (MoIT) exempt the application of anti-dumping measures on steel and biaxial oriented polypropylene (BOPP) film and the total volume eligible for the exemption for 2020 and 2021.
Vietnam’s total revenue from retail trade and services reached over 5 quadrillion VND (219.5 billion USD) in 2020, representing a modest yearly rise of 2.6 percent, according to the General Statistics Office (GSO).
The recently-signed Regional Comprehensive Economic Partnership (RCEP) presents both opportunities and challenges to Vietnamese businesses, making prompt action crucial to address existing weaknesses and capitalise on deal-generated advantages.
The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.
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