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.
The central coastal province of Binh Dinh’s gross regional domestic product (GRDP) this year was estimated at nearly 50 trillion VND (2.16 million USD), a year-on-year surge of 3.61 percent.
Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.
Removing bottlenecks for local production and business activities must receive top priority so as to promote the economic development, Prime Minister Nguyen Xuan Phuc said at the monthly government meeting on December 2.
Businesses are increasing production to ensure sufficient supply of goods for the upcoming Lunar New Year Festival (Tet) early next year and steady prices during the year's biggest shopping season.
The southern province of Binh Duong has carried out a lot of mechanisms and policies to help enterprises operating in the supporting industries solve difficulties and grow further.
As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.
The Ministry of Industry and Trade has urged plastic producers to apply for exemptions from anti-dumping duty on the ministry’s public service e-portal at https://dichvucong.moit.gov.vn or to the Trade Remedies Authority of Vietnam.
The domestic market can support local production and business in the context of the serious developments of the COVID-19 pandemic, said Deputy Minister of Industry and Trade Do Thang Hai at a meeting in Hanoi on August 12.
The State Bank of Vietnam has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.
The State Bank of Vietnam (SBV) has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID-19 affected firms and individuals.
The Singaporean Government on April 8 announced new measures to accelerate local food production as the COVID-19 pandemic has disrupted global supply chains.
Vietnam is increasing the application of trade defence instruments to protect the legitimate rights of domestic producers as the country integrates rapidly into the global economy.
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