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Exports continue to be a sector that helps Vietnam grow

Interview with economic expert Nguyen Tri Hieu (photo) on the growth prospects from now until the end of the year.   Economic expert Nguyen Tri Hieu The economic growth in the first half of 2019 was 6.67%. This is considered a decent increase in the context of many difficulties. Could you please tell us your opinion on the economic growth from now until the ...

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Agricultural exports fetch nearly US$20 billion

Agro-forestry-fishery exports raked in an estimated US$19.75 billion during the first half of 2019, representing a year on year rise of 2.1 per cent, according to the Ministry of Agriculture and Rural Development. Agricultural exports fetch nearly US$20 billion in the first half of 2019. The information was released by the Ministry of Agriculture and Rural Development during a June 17 meeting held to ...

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Growing Chinese investment in Vietnam: time to worry?

Chinese companies are accelerating investment in Vietnam, but some local businesses are voicing concerns. Workers at China's AKA Homewares Company in southern Long An province (Photo: VNA) Foreign investment hit a four-year high of 16.7 billion USD in the first five months of this year, up 69 percent compared to the same period in 2018. Chinese investment made up 42.5 percent of the total ...

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Van Don Economic Zone lays out $357.2 million development plan

The People’s Committee of northeastern Quang Ninh Province has released a plan to implement Prime Minister Nguyen Xuan Phuc’s conclusions on the development of Van Don Economic Zone (EZ) that would require more than VND8.35 trillion (US$357.2 million) to expand its infrastructure by 2030. . A view of Cai Rong Port in Van Don Economic Zone. The province's plan would allocate VND2.4 trillion from ...

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Solutions to stop fake enterprises in Ho Chi Minh City

Ho Chi Minh City has proposed to the Government mechanisms and policies for the management of post-registration enterprises in order to have measures to strictly manage post-licensing enterprises. Does this solution eliminate "ghost" enterprises?   Aviolated shipment imported by a "ghost" enterprise. Photo: T.H. Suffering "ghost" businesses Recently, Customs authorities have seized many cases of imported goods that violate the law, but struggle to ...

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Opportunity to export pangasius to 10 countries under CPTPP

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect for Vietnam from January 14, 2019,bringing many opportunities for Vietnamese pangasius products.   Processing pangasius for export. Tax advantages According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in 2018, pangasius export value to 10 CPTPP countries reached US$328.3 million, up 17.3% compared to the previous year. In particular, the export ...

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WTO Trade Facilitation Agreement to boost exports of MSMEs

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. Speakers at the APEC capacity-building workshop on the Trade Facilitation Agreement of the WTO for micro, small and medium ...

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Small production 'hindered' Vietnamese shrimp industry

Small production has been the "Achilles heel", making it difficult for Vietnamese shrimp to penetrate deeply into markets.   The shrimp industry is aiming for $ 10 billion in 2025. Photo: Internet It is difficult to trace origin In the first 3 months, shrimp exports continued to face many difficulties, down 11% in volume and 16.2% in value over the same period in 2018, ...

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IA, FTA between Hong Kong, 5 ASEAN member states to take effect

Those parts relating to Hong Kong and five Association of Southeast Asian Nations ASEAN member countries under the Investment Agreement IA between Hong Kong and ASEAN will enter into force on June 17 A garment factory in Vietnam Upon the entry into force of the mentioned IA, the five ASEAN member countries, namely Laos, Myanmar, Singapore, Thailand and Vietnam, will provide Hong Kong enterprises ...

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What kinds of car imported from India are worth 10 of billion VND?

A notable movement in the import of completed automobiles in the first months of the year is the average import value of Indian automobiles reached a high record. Which cars imported from this South Asian country have such a high price? Caterpillar dump trucks. Source: Internet According to an information source, all the completed vehicles imported from India were Caterpillar dump trucks. Regarding tariffs ...

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