Trade ministry strives to ease difficulties for trade with China

The Ministry of Industry and Trade (MoIT) has launched a number of measures to tackle difficulties for the Vietnam – China trade, amid the complicated developments of COVID-19 pandemic.
Trade ministry strives to ease difficulties for trade with China ảnh 1At Kim Thanh international border gate No.2 (Photo: VNA)

Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) has launched anumber of measures to tackle difficulties for the Vietnam – China trade, amid thecomplicated developments of COVID-19 pandemic.

It is preparing contents and arranging talks between Minister of Industry andTrade Tran Tuan Anh and Chinese Minister of Commerce Zhong San, and will also work closely with the Guangxi Department of Commerce to increase thenumber of trains carrying Vietnamese and Chinese farm produce.

Adispatch was also sent to the Vietnamese Embassy in China to suggest workingclosely with Chinese authorities to remove existing obstacles.

Sinceearly February, the MoIT and the Health Ministry have successfully builtmedical supervision process and mechanism regarding the delivery of imports and exports, and exchanges between residents at border gates and markets.

MoITleaders directly conducted surveys to grasp the situation and directed removingdifficulties for exports across the border.

Vietnam trade offices abroad, and in China in particular, regularly updatedinformation about market movement and markets for farm produce and materialsused for mask and medical equipment production at home.

Theministry also held regular working sessions with the Chinese Embassy in Vietnamand asked the Vietnamese General Consulates in Guangxi and Yunnan to frequentlycontact authorities of border localities to facilitate import-export activities in borderareas.

It calledon the Vietnamese Foreign Ministry to jointly tackle difficulties in tradebetween Vietnam and China in Dispatch No.264/BCT-AP dated April 9.

MinisterAnh sent letters to Chinese Minister of Commerce Zhong San and Chinese Directorof the General Administration of Customs Ni Yuefeng on April 9.

Healso sent a letter to the Secretary of the Party Committee of the Guangxi Zhuang Autonomous Region asking to continue realisingagreements reached during talks on March 13 and partner together to ensuresmooth trade./.

VNA

See more

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.

Minister of Industry and Trade Nguyen Hong Dien (L) and US Secretary of Energy Chris Wright in Washington D.C. on March 13. (Photo: VOV)

Vietnam, US look to strengthen comprehensive energy cooperation

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Deputy Prime Minister Nguyen Chi Dung speaks at the first meeting of the steering committee for the building of a project on the private economic sector's development in Hanoi on March 15. (Photo: VNA)

Private sector's development key to Vietnam’s economic growth

Currently, the private economic sector comprises over 6.1 million business establishments, including approximately 940,000 registered enterprises and over 5.2 million household businesses. The sector contributes around 50% of the country’s GDP, accounts for over 56% of total social investment, employs approximately 82% of the workforce, and generates around 30% of state budget revenue and more than 30% of total import-export turnover.

Prime Minister Pham Minh Chinh receives Wouter Van Wersch, Executive Vice President of Airbus International. (Photo: VNA)

PM suggests Airbus help Vietnam in developing aviation ecosystem

During a meeting on March 14 with Wouter Van Wersch, Executive Vice President International of Airbus, Prime Minister Pham Minh Chinh praised the aerospace giant’s cooperation with Vietnamese partners, emphasising its role in boosting domestic and international connectivity and driving Vietnam’s socio-economic growth.

The Vietnam Consumer Rights Day 2025 is under the theme "Transparent Information – Responsible Consumption". (Photo: VNA)

Hanoi launches campaign for Consumer Rights Day

The event, organised by the city's Department of Industry and Trade, aimed to promote consumer protection as a long-term, essential task for all levels of government, businesses and society.