Vietnam has vowed to prevent and discover origin fraud in an effort to protect domestic production.

App-based ride-hailing vehicles may be managed by technology, instead of having to install a light box on top as proposed by the Ministry of Transport (MoT) earlier.

Vietnam has a trade surplus of $20 billion a year with the US, while the current account surplus is over 2 percent of GDP per annum.

The figures about imports/exports and investments in the first months of the year show that Vietnam did not receive big benefits from the trade war as estimated by some US agencies and media. In fact, the risks remain high.

The move by Vingroup to establish Vinpearl Air once again shows the attractiveness of the domestic aviation market.

Wooden furniture exporters face risks in importing timber from Africa as the unclear timber origin will violate VPA/FLEGT (Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement) that Vietnam has signed with the EU.  

If Vietnam doesn’t have a reasonable policy on using capital from FDI, it will have to pay a heavy price for it, experts say.

Vietnam’s shipping fleet with more than 1,500vessels and a total capacity of 7.8 million DWT is ranked fourth in ASEAN and 30th in the world.

Billions of dollars worth of Vietnam’s products are exported via large global retail chains, but these products must adhere to strict requirements to be accepted by supermarkets.

As the biggest wood chip exporter in the world, Vietnam is facing big difficulties.