VOV.VN - The Ministry of Industry and Trade has recently issued a decision on carrying out an anti-dumping investigation into several imported plastic products and Biaxially Oriented Polypropylene films.
In addition to having a localization rate of 30%, made-in-Vietnam products are required to be partly produced in Vietnam, not just basic processing.
The retail price of E5RON92 dropped 377 VND to a maximum level of 19,902 VND per litre as from 15:00 on August 1.
Japan is one of the four largest importers of Vietnam, only behind China, the Republic of Korea and the US, according to the latest report by the Industry Agency under the Ministry of Industry and Trade.
The Vietnam Oil and Gas Group (PetroVietnam) is seeking permission to restart work on the Thai Binh 2 Thermal Power Plant which was suspended following the arrest of related officials for wrongdoings.
Vietnam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).
Along with its rapid economic growth, Vietnam’s electricity demand is also increasing strongly, at around 10 percent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.
VOV.VN - The northern port city of Haiphong should strive to become a significant logistics hub through luring additional investment in infrastructure and getting more capable firms involved in the sector, trade officials have noted.
With the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP) officially coming into force, Vietnamese exporters should make the most use of the opportunities it brings in Japan, one of Vietnam’s leading trade partners.
Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade sanctions imposed by other nations.
Việt Nam and India can co-operate in areas of strength such as agriculture, textiles, footwear, renewable energy, and pharmaceuticals, according to the Ministry of Industry and Trade.
VOV.VN - The EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement are comprehensive and high-quality deals that would bring about equal benefits to both Vietnam and the EU, according to the Ministry of Industry and Trade.
Many solar power plants have become operational in the southern region in the first half of 2019, showing part of the solar power development wave to meet the economic growth demand in Vietnam.
VOV.VN - Colour-coated steel sheets originating from China and the Republic of Korea will be subject to Vietnam’s temporary anti-dumping duties from June 25.
The World Trade Organisation (WTO) Trade Facilitation Agreement (TFA) will help micro, small- and medium-sized enterprises (MSMEs) further diversify exports and expand markets, as well as improve GDP growth in Vietnam, experts said at a seminar held in Ho Chi Minh City on June 13.
Vietnam spent 1.1 billion USD importing mobile phones and spare parts in May, up 36.2 percent from the same period last year, according to the Ministry of Industry and Trade.
VOV.VN - Officials from the Ministry of Industry and Trade (MoIT) and US Ambassador to Vietnam Daniel J. Kritenbrink on June 12 participated in a public consultation to introduce the ministry’s proposal for direct power purchase agreement (DPPA) mechanism.
The Government will adopt stricter penalties to prevent foreign goods being exported to the other markets under Vietnamese labels to avoid tariffs.
VOV.VN - Only 30 - 40 per cent of local firms have utilized opportunities arising from the free trade agreements Vietnam has signed, though the deals are reckoned to present an array of business chances.
The Ministry of Industry and Trade (MoIT)’s key task is to evaluate the building and adjustment of policies to support the development of the digital economy, according to Deputy Minister Cao Quoc Hung.