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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
The EU-Vietnam Free Trade Agreement will offer direct opportunities to Vietnam to upgrade its textile and garment sector.
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create a breakthrough for timber and wooden products.
According to the ASEAN Trade in Goods Agreement (ATIGA), Vietnam will have to cut 669 tariff lines to zero percent in January 2018.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
The southernmost province of Ca Mau aims to earn US$1.2 billion from exports in 2018, up US$100 million against 2017.
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).