VOV.VN - The country’s exports are poised to grow 5% on-year between 2021 and 2025 to reach US$340 billion by 2025, according to a plan devised by the Ministry of Industry and Trade (MoIT) relating to socio-economic development over the coming five-year period.
VOV.VN - The second half of the year is poised to witness textile and apparel exports continue to record falls of around 14% to 18% in comparison to the same period last year, with the year’s total export turnover reaching approximately US$32.75 billion, down roughly 16% on-year, according the Vietnam National Textile and Garment Group (Vinatex).
VOV.VN - With local exports to both the United States and European markets facing plenty of difficulties as a result of the novel coronavirus (COVID-19) epidemic, many businesses based in Ho Chi Minh City are seeking opportunities to bolster exports to other ASEAN member states.
VOV.VN - The opening of goods, services, and investment markets will allow a wealth of opportunities to be created for foreign investors to gain greater access to the Vietnamese market, while local firms will face greater competition in their home market, according to business insiders.
An online trade exchange conference on consumer goods between Vietnam and Japan will be held by the Ministry of Industry and Trade on June 30 to help domestic producers gain broader access to the Japanese market.
The Ministry of Industry and Trade (MoIT) denied rumours that it planned to buy shares of Saigon Beer Alcohol and Beverage Company (Sabeco) shares (SAB).
VOV.VN - The first four months of 2020 saw the country enjoy a trade surplus of US$3.04 billion amid the negative economic impact caused by the novel coronavirus, according to the Ministry of Industry and Trade (MoIT).
VOV.VN - Local businesses exported more than 141,522 tonnes of rice abroad as of April 24 out of a total of over 399,999 tonnes of rice in line with the quota for April, according to the General Department of Vietnam Customs.
VOV.VN - Providing credit support packages to help key industrial enterprises maintain their operations amid the COVID-19 epidemic and overcome this challenging period should be considered the most pressing matter moving forward, according to the Ministry of Industry and Trade.
VOV.VN - Prime Minister Nguyen Xuan Phuc has given his consent to plans on the export rice volume in April as proposed by the Minister of Industry and Trade after undergoing a series of consultations with the Ministry of Agriculture and Rural Development, the Ministry of Finance, and the State Bank of Vietnam.
The General Department of Vietnam Customs has reported that the Vietnam – Japan trade reached US$6.2 billion in the first two months of this year, an 8.6% increase from a year earlier.
The Ministry of Industry and Trade (MoIT) will organise a ceremony to recognise national brands in the fourth quarter of 2020.
VOV.VN - The Ministry of Industry and Trade (MoIT) has proposed that customs declarations for rice exports should be re-opened as normal.
Mobile phones and spare parts continued leading the group of seven top hard currency earners that recorded over US$1 billion in export turnover in the first two months of 2020.
The General Department for Market Surveillance has recently set up a working team on e-commerce to deal with the increasing number of trade violations online.
The Research Institute for Industry Policy and Strategy under the Ministry of Industry and Trade (MoIT) held a seminar in Hanoi on February 28 to collect ideas to build a strategy on industrial development until 2030, with a vision to 2045.
According to the Ministry of Industry and Trade, currently many industrial firms of Vietnam have not mastered the core technology, and they mainly join sections of low technological contents and added values.
Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect.
The Ministry of Industry and Trade has granted 47 certificates of eligibility to rice export businesses over the past year, lifting the number of rice exporters to 182 traders.
The Ministry of Industry and Trade urged firms to strictly comply with rules of origin to avoid negative impacts on exports amid escalating trade defence measures.