Vietnamplus

Minh Phu Seafood Joint Stock Company (JSC) has opposed the US Customs and Border Protection (CBP)’s application of anti-dumping tariffs on its frozen shrimp exports.

Boosting exports to the US market via e-commerce platforms like Amazon is effective in the context of the extensive business quagmire caused by the COVID-19 pandemic, according to insiders.

While the commercial 5G network is not yet operational in Vietnam, local tech firms are exporting their 5G technology to the world.

Vietnam has enjoyed a surge in timber and wood product exports to the US this year, but businesses need to choose the right items to focus on in order to tap into this major market, insiders said.

Timothy Westbrook, an expert from the US Department of Agriculture (USDA)’s Animal and Plant Health Inspection Service (APHIS), has completed his COVID-19 quarantined period and began his task at the HCM City-based Son Son irradiation centre.

Vietnam has become one of the world’s few economic bright spots attracting foreign investors, especially those from Australia, due to cheap labour, a young population, high education standards, and government incentive policies, experts have said.

An expert from the US Department of Agriculture (USDA)’s Animal and Plant Health Inspection Service (APHIS) is scheduled to arrive in Vietnam on September 2 to continue monitoring the treatment of fruit destined for the country, which recently underwent a hiatus due to COVID-19.

While local export products have been facing more anti-dumping investigations and tax evasion cases in foreign countries, Vietnamese enterprises are still unaware of the risk.

Chanh Thu Fruit Import and Export Company Limited in Ben Tre province continues to operate normally despite the resurgence of COVID-19 since it has shifted to new export markets instead of overly depending on traditional ones like China.

The Embassy of Vietnam in the US presented 10,000 face masks to Maryland state during a ceremony held on August 7.

Truong Hai Auto Corporation, known as THACO, has exported its remaining 33 semi-trailers to the US, completing the contract to supply 69 units to the country in 2020.

Vietnam is entering a level playing field in which efficient solutions to maintain economic development always causes headaches for experts and business leaders.

Vietnamese and US firms sought ways to overcome economic difficulties caused by the COVID-19 pandemic during an online trade exchange event on July 15.

Vietnam-US relations have reaped various important achievements since the establishment of bilateral diplomatic ties 25 years ago, across all fields of politics, diplomacy, trade, investment, science-technology, security-national defence, education-training, culture and people-to-people exchange.

Over the past 25 years, the central city of Da Nang has worked hard to contribute to the Vietnam-US cooperation through various joint projects, one of which was the dioxin detoxification in Da Nang airport.

With huge potential for comprehensive cooperation, Vietnam and the US are boosting two-way trade in a more balanced manner to ensure sustainable development, experts have said.

Vietnamese businesses should seek a new approach to the US market as doing business with this market requires large-scale and clear production capacity, Nguyen Hong Duong, deputy head of the Europe-America Department at the Ministry of Industry and Trade (MoIT), has said.

The northern mountainous province of Son La will ship the first batch of 30 tonnes of locally-grown mango to the US.

Footwear exports to the US have been forecast to struggle in the remaining months of this year due to falling demand, though it recorded a 10 percent increase in revenue in the first quarter of the year.

The successful global introduction of a Vingroup product – whether it’s a car or a ventilator – could change the way the world sees Vietnam.