Toyota wants licence to import cars
Toyota wants licence to import cars

Toyota Vietnam is one of the first firms to ask the Ministry of Industry and Trade to issue business certificates in accordance with new government Decree No 116/2017/ND-CP.

Toyota wants licence to import cars
Bee honey lose export markets
Bee honey lose export markets

VOV.VN - Vietnam is among world’s leading honey exporters in both volume and value. Honey, as an important export item, has penetrated demanding markets like the US, EU and Japan.

Bee honey lose export markets
Dong Nai enjoys record trade surplus of US$2 billion
Dong Nai enjoys record trade surplus of US$2 billion

The southern province of Dong Nai achieved a record trade surplus of US$2 billion in 2017, reported the provincial Department of Industry and Trade.

Dong Nai enjoys record trade surplus of US$2 billion
Exports likely to hit all-high US$212 billion this year
Exports likely to hit all-high US$212 billion this year

Vietnam expects to earn more than US$212 billion from exports this year, much higher than US$176 billion last year, according to head of the Ministry of Industry and Trade (MoIT)’s Planning Department Duong Duy Hung. 

Exports likely to hit all-high US$212 billion this year
Kien Giang exports surpass yearly target
Kien Giang exports surpass yearly target

The Mekong Delta province of Kien Giang earned US$470 million from exports in 2017, surpassing its target by 17.5%, up 43% year on year, reported the provincial Department of Industry and Trade.

Kien Giang exports surpass yearly target
Rice exports see sharp rise in value for 2017
Rice exports see sharp rise in value for 2017

VOV.VN - Rice exports have risen sharply, increasing 20.9% to 5.66 million tons while seeing a 23.8% jump in value to nearly US$2.6 billion during the 11 and a half months to date this year, according to the General Department of Vietnam Customs.

Rice exports see sharp rise in value for 2017
Nation’s trade value up fourfold since 2007
Nation’s trade value up fourfold since 2007

After 10 years of membership in the World Trade Organisation (WTO), Vietnam’s export and import value has increased four times to reach over US$400 billion, or 170% of the gross domestic product (GDP), according to the General Department of Customs (GDC).

Nation’s trade value up fourfold since 2007
Trade surplus: Joy and anxiety
Trade surplus: Joy and anxiety

The General Statistics Office (GSO) has announced there was an excess of exports over imports of US$2.8 billion in the first 11 months of the year. However, this was overshadowed by the fact that most of the reports came from FIEs, while domestic enterprise contributions were modest.

Trade surplus: Joy and anxiety
Vietnam, RoK trade grows sharply on FTA
Vietnam, RoK trade grows sharply on FTA

The Free Trade Agreement between Vietnam and the Republic of Korea (RoK), which came into effect two years ago, has served as a catalyst for the two countries’ trade growth.

Vietnam, RoK trade grows sharply on FTA
Central Highlands provinces post record export turnover in 2017
Central Highlands provinces post record export turnover in 2017

Exports of Vietnam’s Central Highlands provinces hit more than US$2.66 trillion in 2017, a year-on-year rise of 22.71% and the highest so far, said the Steering Committee for Central Highlands Region.

Central Highlands provinces post record export turnover in 2017
Textile and garment sector stands to benefit from EVFTA
Textile and garment sector stands to benefit from EVFTA

The EU-Vietnam Free Trade Agreement will offer direct opportunities to Vietnam to upgrade its textile and garment sector.

Textile and garment sector stands to benefit from EVFTA
Timber exports to EU may hit US$1 billion
Timber exports to EU may hit US$1 billion

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create a breakthrough for timber and wooden products.

Timber exports to EU may hit US$1 billion
ASEAN free trade to put pressure on Vietnam
ASEAN free trade to put pressure on Vietnam

According to the ASEAN Trade in Goods Agreement (ATIGA), Vietnam will have to cut 669 tariff lines to zero percent in January 2018.

ASEAN free trade to put pressure on Vietnam
Trade protectionism continues
Trade protectionism continues

VOV.VN - Global trade growth is expected to exceed 3.5% this year. But there remain downside risks, in particular protectionism for local production that could threaten the world economy and block the recovery of global trade.

Trade protectionism continues
Vietnam seeks trade openings at ASEAN Natural & Organic Show
Vietnam seeks trade openings at ASEAN Natural & Organic Show

VOV.VN - The ASEAN Natural & Organic Show opened on December 15 in Kolkata City, drawing the participation of around 80 businesses from Vietnam, Singapore, Thailand, Malaysia, the Philippines, Bangladesh, and Russia, and approximately 200 other firms from the host country India.

Vietnam seeks trade openings at ASEAN Natural & Organic Show
CLV tourism and trade fair opens in Binh Phuoc
CLV tourism and trade fair opens in Binh Phuoc

VOV.VN - The Cambodia-Laos-Vietnam (CLV) Development Triangle Area tourism and trade fair opened in southern Binh Phuoc province on December 16, under the framework of the 11th meeting of the CLV Development Triangle Area joint coordination committee.

CLV tourism and trade fair opens in Binh Phuoc
Vinacomin signs alumina export deal with UAE partner
Vinacomin signs alumina export deal with UAE partner

VOV.VN - The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has signed a contract with the Emirates Global Aluminum (EGA) of the United Arab Emirates (UAE) to supply it with 300,000 tons of alumina (Aluminium Oxide) annually from 2018 to 2020.

Vinacomin signs alumina export deal with UAE partner
Rubber export revenue picks up 39 percent
Rubber export revenue picks up 39 percent

Vietnam earned more than US$2 billion from exporting 1.2 million tonnes of rubber during January-November, up 39% in value and 8.4% in volume, according to the General Department of Vietnam Customs.

Rubber export revenue picks up 39 percent
Vietnam’s fruit production grows yet imports still necessary
Vietnam’s fruit production grows yet imports still necessary

VOV.VN - Many types of fruit suitable for year round cultivation in Vietnam, such as durians, mangosteens, oranges, mandarins, and apples are imported from abroad to meet domestic demand.

Vietnam’s fruit production grows yet imports still necessary
Vietnam, Argentina works to boost trade
Vietnam, Argentina works to boost trade

Deputy Minister of Industry and Trade Tran Quoc Khanh met Argentine Foreign Minister Jorge Faurie in Buenos Aires on December 13 to discuss trade and economic cooperation between Vietnam and Argentina.

Vietnam, Argentina works to boost trade
KPMG Vietnam kicks off annual tax seminars
KPMG Vietnam kicks off annual tax seminars

The KPMG Vietnam Tax Institute 2017 series held its first session in Ho Chi Minh City recently, covering the most pressing issues of Vietnam’s tax system. 

KPMG Vietnam kicks off annual tax seminars
Supply and demand chain links promoted at HCM City conference
Supply and demand chain links promoted at HCM City conference

VOV.VN - A two-day conference on supply and demand connections opened at Phu Tho Indoor Stadium in Ho Chi Minh City on December 8, with 2,763 businesses from 39 provinces and cities showcasing their products on 450 standard pavilions.

Supply and demand chain links promoted at HCM City conference
Wood, timber product exports to hit US$8 billion
Wood, timber product exports to hit US$8 billion

Exports of wood and timber products are expected to hit US$8 billion in 2017, surpassing the yearly target of US$7.5 billion, according to Nguyen Ton Quyen, Vice President and General Secretary of the Vietnam Timber and Forest Product Association.

Wood, timber product exports to hit US$8 billion
VASEP: Tra fish exports to Spain continue falling
VASEP: Tra fish exports to Spain continue falling

Vietnam’s tra fish exports to Spain see no sign of recovery following inaccurate news broadcast by Spanish media early this year, the Vietnam Association of Seafood Producers and Exporters (VASEP) has said.

VASEP: Tra fish exports to Spain continue falling
Vietnamese, Chinese firms ink watermelon trade deals
Vietnamese, Chinese firms ink watermelon trade deals

Enterprises of Vietnam and China have signed principle contracts on watermelon trade in 2018 and the following years at a conference held in the central province of Quang Ngai on December 6. 

Vietnamese, Chinese firms ink watermelon trade deals
Vietnam Expo 2017 stays abreast with new market trends
Vietnam Expo 2017 stays abreast with new market trends

VOV.VN - Around 750 exhibitors from 16 countries and territories presented their new product ranges at the 15th Vietnam International Trade Fair (Vietnam Expo 2017) at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on December 6.

Vietnam Expo 2017 stays abreast with new market trends
Garment exports likely to hit US$31 billion in 2017
Garment exports likely to hit US$31 billion in 2017

The garment-textile industry expects to rake in US$31 billion in exports by the end of 2017, a year-on-year rise of 10.23%.

Garment exports likely to hit US$31 billion in 2017
Rice exports hit almost US$2.5 billion
Rice exports hit almost US$2.5 billion

VOV.VN - Vietnam’s rice exports achieved a great triumph in the 11 months leading up to December as they hit 5.52 million tons worth US$2.49 billion, up 24.1% in volume and 24.9% in value against the same period last year.

Rice exports hit almost US$2.5 billion
Ca Mau targets US$1.2 billion from exports
Ca Mau targets US$1.2 billion from exports

The southernmost province of Ca Mau aims to earn US$1.2 billion from exports in 2018, up US$100 million against 2017.

Ca Mau targets US$1.2 billion from exports
Car imports up in November
Car imports up in November

Vietnamese businesses spent some US$200 million importing 7,000 completely built-up units (CBUs) in November, according to an estimate of the General Statistics Office (GSO).

Car imports up in November
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