The Import-Export Department under the Ministry of Industry and Trade has urged local exporters shipping to the European Union (EU), Norway and Switzerland to register for REX as soon as possible.
VOV.VN - Making the most of benefits from the Vietnam-EU Free Trade Agreement (EVFTA) is largely dependent on the country’s production capacity of fabric over the next two years, according to SSI Securities.
VOV.VN - The Import and Export Department has urged local enterprises to complete the registered exporter system (REX) code as soon as possible before the deadline in order to enjoy preferential tariffs in line with the Generalised System of Preferences (GSP) of the European Union, Norway, and Switzerland.
Vietnamese shrimp exporters are hoping for a better year after their shipments fell 5.4 percent year on year to 3.36 billion USD in 2019, according to insiders.
The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.
With increasing use of technology, Vietnam is facing risks in terms of cybersecurity, threatening national security, said Nguyen Minh Chinh, Director General of the Cyber Security and High-tech Crime Prevention Department under the Ministry of Public Security.
VOV.VN - With the European Union – Vietnam Free Trade Agreement (EVFTA) to be officially signed on June 30, a wealth of opportunities are expected to open up for agricultural and seafood products, with shrimp exports to the European market in particular poised to receive a boost, according to the Ministry of Industry and Trade.
In the context of a tense global trade war, while a new wave of investment inflow into Vietnam has yet to unleash, risks facing Vietnamese enterprises as well as the entire economy have surfaced.
The Ministry of Industry and Trade has issued new regulations on the implementation of the Generalised System of Preferences (GSP) of the European Union, Norway, Switzerland and Turkey.
The free trade agreement between Vietnam and the EU (EVFTA) is expected to bring US$3.2 billion worth of benefits to Vietnam in 2020, while helping the Southeast Asian nation expand export markets and engage deeper into the global value chain, said experts.
The Vietnamese shrimp exporters have been in a tough year in 2018 as world supply saw strong increases that brought down both shrimp price and demand in major markets.
Vietnam’s exporters must self-verify the origin of their products that they export to the European Union (EU) from 2019 to be qualified for Generalised System of Preferences (GSP) which is the tariff preference for developing countries.
VOV.VN - A seafood export growth of 13% in the first four months of this year has signalled bright prospects for this year's US$10 billion export target, instead of US$9 billion as set early this year.
VOV.VN - Shrimp breeders enjoyed a bumper crop and high prices in the first quarter of this year as a result of favourable weather, growing market demands and stable global market prices, which have facilitated domestic production and exports.
Vietnamese firms should step up efforts to boost exports to the European Union (EU) despite facing several difficulties, a senior official has said.
The United States has offered duty-free access to travel goods made in Cambodia, a major expansion of trade preferences for the country.
Vietnam’s consumer price index (CPI) in the first half of the year saw a slight rise at an average of 0.39% each month, reported Vu Thi Thu Thuy, head of the Price Statistics Department under the General Statistics Office (GSO) on June 24.
The Vietnam-US relationship has successfully moved from former enemy to friend, with increasingly reinforced dynamic co-operation and harmonised important strategic interests, in which, economic co-operation is a priority area.
The EU decided to suspend tariffs on Malaysia’s export products of automotive parts, clothing and apparel, furniture and plastic parts effective from January 1, according to Malaysia’s Ministry of International Trade and Industry (MITI).
(VOV) - The UK is the only nation within the Eurozone has experienced a strong growth in shrimp imports from Vietnam, during the first five months of the year.