As COVID-19 control and prevention ramps up, a report from the General Department of Vietnam Customs (Vietnam Customs) showed that import-export value reached 37.1 billion USD in February - 0.5 percent higher than January.
Total retail sales and services revenue in Ho Chi Minh City were estimated at 112.77 trillion VND (4.8 billion USD) in January this year, an increase of 11.2 percent compared to the same period last year.
Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours.
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung.
Ho Chi Minh City was assigned to collect 405.83 trillion VND (17.5 billion USD) for the state budget in 2020, a rise of 1.68 percent compared to last year’s estimates, said Chairman of the municipal People’s Committee Nguyen Thanh Phong.
It is necessary to improve the legal framework and create a healthy and open business environment for logistics activities to boost the sustainable development of Vietnam’s logistics sector, Deputy Prime Minister Vuong Dinh Hue has said.
Prime Minister Nguyen Xuan Phuc worked with key officials of Lang Son on September 30, emphasising the completion of the Bac Giang-Lang Son highway, particularly segment connecting to the Huu Nghi (Friendship) International Border Gate in this northern mountainous province, which will help facilitate trade with China.
The Nam Lanh-Muong Po auxiliary border gates connecting the northwestern mountainous province of Son La’s Sop Cop district with Muong Son district of Laos’ Houaphanh province were inaugurated on July 9.
Nearly 518 trillion VND (22.23 billion USD) was collected towards the state budget in this year’s first four months, completing 36.7 percent of the yearly target and representing a year-on-year rise of 13.9 percent, reported the Ministry of Finance.
Vietnam lacks an overall strategy to promote the sustainable development of domestic trade in the context of deep international integration, heard a conference held in Hanoi on December 18.
Total budget collection in the January-August period was estimated at 871.8 trillion VND (37.3 billion USD), or 66.1 percent of the yearly estimates, an increase of 13.8 percent year on year, according to the Finance Ministry.
The Binh Duong Customs Department has announced that it has defined two key tasks to collect import and export taxes of 12.9 trillion VND (roughly 562 million USD) as assigned by the Ministry of Finance for this year.
Economic reform, in companion with renewing growth model to improve productivity and competitiveness capacity, is a top priority of the Mekong Delta city of Can Tho to realize the goal of global economic integration and sustainable development.
Bestowed with more than 72 kilometres of coast and three estuaries, the Mekong Delta province of Soc Trang has built a master plan to develop its coastal economy until 2020 with vision until 2030.
The Russian Export Centre in HCM City has launched a Russia Commercial House to support business connectivity between the two countries, thus boosting bilateral trade.
Ho Chi Minh City continued enjoying growth in State budget collection in the first quarter of 2018, however, revenues from several sectors, especially import-export activities are forecast to fall, affecting the city’s budget collection this year.
The International Processing and Packaging Exhibition and Conference (ProPak Vietnam) and the International Plastics and Rubber Technologies and Material Exhibition (Plastics & Rubber Vietnam) opened in Ho Chi Minh City on March 20.