US not impose tariff or sanction on Vietnam’s exports Business

US not impose tariff or sanction on Vietnam’s exports

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.
Labelling Vietnam as currency manipulator is groundless: Experts Business

Labelling Vietnam as currency manipulator is groundless: Experts

The US Treasury Department’s labelling of Vietnam as a currency manipulator is groundless and certainly significantly affects the psychology of the Vietnamese business community, especially those operating in the import and export field, according to Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI).
Origin fraud threatens local exporters Business

Origin fraud threatens local exporters

After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations.
Origin fraud threatens local exporters Business

Origin fraud threatens local exporters

After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations.
Staying firm to Basel II target Business

Staying firm to Basel II target

Banking experts are of the view that despite some relaxation for banks that failed to meet Basel II standards, the State Bank of Vietnam (SBV) should stay firm to the Basel II target. ​
State to continue support for fuel price fund Business

State to continue support for fuel price fund

The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoang Anh Tuan, Deputy Director of the Domestic Market Department under the Ministry of Industry and Trade, in a recent meeting with industry leaders.
Ministry mulls stricter penalties to drunk driving Society

Ministry mulls stricter penalties to drunk driving

The Ministry of Transport (MoT) has asked the Directorate for Roads of Vietnam (DRVN) to revise the Government Decree No 46 issued in 2016 towards imposing stricter penalties on drivers whose alcohol content in blood or breath exceeding the permitted level.
DPRK Foreign Minister holds press conference World

DPRK Foreign Minister holds press conference

Foreign minister of the Democratic People’s Republic of Korea (DPRK) Ri Yong Ho called an impromptu press conference on February 28 night in Hanoi following the DPRK-USA summit.
US President leaves Vietnam World

US President leaves Vietnam

US President Donald Trump left Vietnam in the afternoon of February 28, soon after a press conference following his meeting with DPRK leader Kim Jong-un in Hanoi.
RoK pledges to work for resumption of economic cooperation with DPRK World

RoK pledges to work for resumption of economic cooperation with DPRK

President of the Republic of Korea (RoK) Moon Jae-in on February 25 announced that his country will work hard to prepare for the resumption of economic cooperation with the Democratic People’s Republic of Korea (DPRK), stressing the need for the RoK to help the latter escape poverty.