Economic milestones of Vietnam in 2019 Business

Economic milestones of Vietnam in 2019

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
Ministry completes dossier for ratification of EVFTA Business

Ministry completes dossier for ratification of EVFTA

The Vietnamese Ministry of Industry and Trade (MoIT) has completed a dossier for the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) since early January, and will submit it to the Prime Minister for decision.
Recommendations for EU-Vietnam FTA, IPA adopted Business

Recommendations for EU-Vietnam FTA, IPA adopted

The European Parliament (EP)’s Committee on International Trade (INTA) adopted recommendations for the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA) in Brussels on January 21.
FTA to facilitate ASEAN – Hong Kong goods flow ASEAN

FTA to facilitate ASEAN – Hong Kong goods flow

The Vietnamese Government has issued a decree on Vietnam’s special preferential import tariffs for the implementation of the ASEAN-Hong Kong (China) Free Trade Agreement (AHKFTA) in the 2019-2020.
Customs contributes record to State budget Business

Customs contributes record to State budget

Vietnam's customs department contributed a record 348 trillion VND (15 billion USD) to the State budget from the collection of import and export taxes in 2019, according to the General Department of Customs.
Economic milestones of Vietnam in 2019 Business

Economic milestones of Vietnam in 2019

One of the fastest economic growth rates in the region, the signing of free trade and investment protection deals with the EU, and the Politburo’s first-ever resolution on foreign investment attraction were among the top 10 economic events of Vietnam in 2019.
Vietnam to promote shrimp exports to EU next year Business

Vietnam to promote shrimp exports to EU next year

The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.
State revenue unlikely to fall despite numerous FTAs Business

State revenue unlikely to fall despite numerous FTAs

Reduced revenue from cutting taxes on imported goods in accordance with various free trade agreements (FTA) Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.
Shrimp export falls 8.1 percent in eight months Business

Shrimp export falls 8.1 percent in eight months

Vietnam exported 1.93 billion USD worth of shrimp during January-August, down 8.1 percent from the same period last year, according to the Ministry of Agriculture and Rural Development’s Directorate of Fisheries.