The Binh Duong Customs Department has announced that it has defined two key tasks to collect import and export taxes of VND12.9 trillion (roughly US$562 million) as assigned by the Ministry of Finance for this year.
Prime Minister Nguyen Xuan Phuc suggested further boosting economic, trade and investment ties between Vietnam and the US city of Los Angeles during a reception for its Mayor Eric Garcetti in Hanoi on July 28.
VOV.VN - The US has been one of Vietnam’s leading trade partners for more than ten years, said Le Hoang Tai, deputy head of the Trade Promotion Agency, while attending a seminar in Hanoi on July 27 to help Vietnamese businesses access the latest information, new policies and mechanisms and seek opportunities in the US.
Although the US is deemed a promising market for exporters, it also sets very strict import regulations. For this reason, Vietnamese enterprises are urged to improve their capacity and shake hands with others to develop supply chains to make inroads into this market.
Vietnam has surpassed Malaysia to become the biggest trade partner of China in ASEAN, Hu Suojin, Trade Counsellor of the Chinese Embassy in Vietnam, said at a press conference in Hanoi on July 26.
Vietnamese seafood companies need to work harder to realise the export target of US$10 billion set by the Ministry of Agriculture and Rural Development (MARD) when oversea shipments in during January-July were estimated at only US$4.66 billion.
Business associations have voiced their support for stricter management of scrap imports, but they also underlined the need to continue importing these goods to serve domestic production.
VOV.VN - The US-China trade war will force agricultural products from the world’s two most powerful economies to seek new markets which could lead to a flood of cheap products coming into Vietnam, putting considerable pressure on domestic farm produce.
VOV.VN - Around 106 businesses will have their products displayed across 150 pavilions at the Zhejiang Export Fair set to take place at Saigon Exhibition & Convention Center (SECC) in Ho Chi Minh City from August 2-4.
Ho Chi Minh City’s 2018 spending on Chinese imports has exceeded US$8.1 billion to date, an increase of more than US$2.4 billion from the same period last year.
VOV.VN -According to the statistics from the General Department of Customs, Vietnam imported nearly 27,000 tonnes of meat and meat products worth US$38.68 million in June, a decline of 9.5% in volume and 9.2% in value compared to May.
A fair on “One commune one product” (OCOP) and hi-tech agriculture in the northern midland and mountainous region will be held in Thai Nguyen province from August 31 to September 6.
VOV.VN - Japan considers Vietnam a potential food export market, according to the Japan External Trade Organization (JETRO).
The US remained Vietnam’s largest export market with a value of nearly US$21.6 billion as of mid-July, accounting for 19% of the total.
Bright signs have been seen in two-way trade between Vietnam and the Czech Republic, as the two countries’ import-export turnover in the first five months of this year reached nearly US$464.5 million, up 15.6% from the same period last year.
Japanese consumers’ demand for Vietnamese processed chicken will open up more opportunities for Vietnam’s animal husbandry sector, according to experts.
The Canada Border Services Agency (CBSA) has launched an investigation into whether or not carbon steel welded pipes from Vietnam, the Philippines, Pakistan, and Turkey are being sold at unfair prices in the northern American country.
Fruits and vegetables may earn the country US$4.7 billion this year, according to the Ministry of Agriculture and Rural Development.
Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
Doosan Heavy Industries Vietnam Co.’s (Doosan Vina) first batch of seawater desalination equipment left Dung Quat port for Saudi Arabia on July 19.