With a population of 1.2 billion and a high economic growth rate in recent years, Africa is a promising market for Vietnam, according to the Vietnamese trade counsellor in charge of several African countries.
The customs cooperation between Vietnam’s northern provinces of Lao Cai, Dien Bien, Ha Giang, and Hai Phong city and China’s Kunming has proven successful, reaping many positive outcomes.
The industrial production index of 20 southern provinces increased by 9.81 percent in the first seven months of this year, according to the Ministry of Industry and Trade.
Prime Minister Nguyen Xuan Phuc has asked the Ministry of Finance to submit a draft action plan on the promotion of ASEAN Single Window (ASW), National Single Window (NSW), and trade facilitation by the end of August, and a draft decree on the work by the end of September this year.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged domestic enterprises to maintain strict quality control of aquatic products exported to China amidst the fast growth of tra fish export to this market recently.
Hanoi has been one of the two leading localities in e-commerce for the past five years, but the trend has posed considerable risks in database, technology, transaction procedures, legal regulations and technology standards.
The quality of Vietnam’s economic growth in 2011-2017 has improved in many aspects with high expansion of gross domestic product (GDP) and increasing labour productivity and incremental capital output ratio (ICOR).
The number of local consumers using E5 petrol in their autos has been increasing rapidly, though bio-fuel has only been put into use nationwide for just the past month.
The National Steering Committee for combating smuggling, trade fraud, and counterfeits has said it will step up inspections and fight against petrol and oil smuggling and trade fraud in 2018.
The Mekong Delta province of Kien Giang will create favourable conditions for citizens of Vietnam and Cambodia to cross the border for visits during the upcoming traditional New Year (Tet) festival.
Vietnam’s export-import exceeded 420 billion USD for the first time in 2017, of which export recorded the highest growth of 21.1 percent over the past seven years with 29 commodities joining the one billion USD club.
The Khai Duc Company, which owns Khaisilk brand, will be given stringent punishment for violation of norms and fraudulent trading.
The south central coastal province of Binh Thuan always creates the optimal conditions for enterprises and investors to do business and develop sustainably in the locality, said a local official.
Vietnam has many opportunities to export commodities, particularly in agricultural products and food, to Africa and the Middle East, heard a conference held by the Ministry of Industry and Trade in Ho Chi Minh City on December 19.
CraftViet 2017 will take place from November 9-13 in Hanoi, featuring 250 booths showcasing products from 24 cities and provinces nationwide, according to the Ministry of Agriculture and Rural Development.
Promoting regional linkage from production to distribution is essential to turn the country’s southern part into a trade hub.
A memorandum of understanding (MoU) on cooperation in geographical indication (GI) protection was signed between the National Office of Intellectual Property of Vietnam (NOIP) and the Mexican Institute of Industrial Property (IMPI) in Hanoi on August 21.
The fulfilment of the gross domestic product (GDP) growth of 6.7 percent in 2017 requires high political determination from ministries and departments as well as corporations, businesses and people, Prime Minister Nguyen Xuan Phuc stressed at a meeting in Hanoi on August 12.
