VOV.VN - A free trade agreement expected to come into force by 2018 holds great potential to boost retail sales of clothing, footwear and textiles produced in Vietnam in the 28 member countries of the EU, say trade experts.
Imported meat has been forecast to prevail in the Vietnamese market, posing challenges for domestic products and businesses.
VOV.VN - The outlook for the Asian steel industry for 2017 has been lowered to negative says US Moody’s Investors Service in a new report, as global prices of steel collapse across all grades and utilization weakens.
VOV.VN -Vietnam took market share of EU trade away from other ASEAN nations in 2015, a trend that appears likely to continue in light of a free trade agreement it concluded with the regional bloc earlier in 2016.
Poland made efforts to boost its meat exports to Vietnam as trade between the two countries continues widening.
Vietnam’s new import tariff, part of the Vietnam-Japan Economic Partnership Agreement (VJEPA) for 2016-19, has come into force.
Vietnam’s new import tariff, part of the ASEAN Trade in Goods Agreement (ATIGA) for 2016-18, has come into force.
At the Ministry of Industry and Trade’s first-ever auction on sugar import quotas on September 7, eleven firms won bids.
Despite imposing additional tariffs on imported steel billets and rods, Vietnam has failed to stem the influx of imported steel, mainly from China whose suppliers are offloading products cheaply due to oversupply in their domestic market.
While the imposition of additional tariffs on imported steel products as a temporary safeguard against cheap imports since March was meant to protect the local steel industry, consumers and firms that use steel for their production are worried about steel price hikes in the local market.
VOV.VN -While the country has enjoyed a dominant position in shoes, apparel and household textiles manufacturing for several years, makers of these items report they are now seeing signs of an economic slowdown.
VOV.VN - Agricultural produce in Vietnam will face increasingly stiff competition from the EU as an expansive free trade agreement eliminates import tariffs on substantially all products traded between the two economies over the next five years.
Vietnam has increasingly seen U.S. demand for its agricultural products rise, and has the chance to penetrate this market thanks to the Trans-Pacific Partnership (TPP) trade deal, US Agriculture Secretary Tom Vilsack has said.
The Vietnam Competition Authority (VCA) will host a public consultation meeting on May 5 to collect opinions from agencies and businesses on the duties imposed on imported steel.
National Assembly deputies gave their feedback on the draft revised Law on Export-Import Tariffs during a session in Hanoi on March 25.
The domestic steel market has seen a price surge and hoarding before temporary safeguard measures recently imposed on two types of steel imports into the Southeast Asian country, experts said.
Dung Quat refinery may have to close temporarily because its main products, diesel and Jet A1 fuel, cannot compete with imported counterparts since the tariff on diesel and Jet A1 from ASEAN member states has been eliminated, starting from 2016.
Vietnamese textile & garment companies won’t directly benefit from the US$1 billion worth of tax from sales to the US once the Trans Pacific Partnership Agreement (TPP) takes effect, officials have affirmed.
The upper chamber of the Kazakhstani parliament has ratified a free trade agreement between the Eurasian Economic Union (EAEU) and Vietnam, according to the Russian news agency TASS on February 11.
India accounted for almost half the volume of completely built-up (CBU) passenger cars Vietnam imported last year despite lower tariffs on vehicles from ASEAN countries.