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US extends anti-dumping duties on Vietnam frozen shrimp

The United States International Trade Commission (USITC) voted to extend anti-dumping duties on the import of frozen warmwater shrimp for five more years on Tuesday.   The existing duties on the import of shrimp products from Viet Nam, China, Thailand and India will remain for another five years — Photo vtv.vn As a result, existing duties on the import of shrimp products from Viet ...

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Continous export surplus to Cambodia

The statistics of the General Department of Customs show that, in recent years, Vietnam has remained the state of export surplus to the Cambodian market. Chart of the value of import-export turnover between Vietnam and Cambodia in period 2011-2016, the unit of “billion USD”. Chart: T.Bình. In particular, in 2011, the total import-export turnover between the 2 countries reached $US 2.84 billion, in which ...

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Deficit of more than $ US 2.56 billion

According to the statistics of imports and exports from the General Department of Customs, by the end of April 15, 2017, the country’s total export turnover reached more than $ US 107.58 billion, up by 18.5% (equivalent to nearly $US 16.76 billion) over the same period in 2016. Import turnover of the ten largest commodity groups of Vietnam (accumulated to April 15, 2017, compared ...

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HOLIDAY NOTICE – VICTORY DAY (30 APRIL) & INTERNATIONAL LABOUR DAY (1 MAY)

BEST CARE SHIPPING Ltd would like to advise customers and agents that we close for Victory Day and International Labour  Day public holidays from Saturday, 29/04/2017 to Tuesday, 02/05/2017. We re-open for business on Wednesday, 03/05/2017 We Wish you and your family a happy holiday Best Care Shipping Ltd

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Nearly 73% of automobiles imported from Thailand, India and Indonesia

This was a remarkable information on imports and exports in the first quarter of 2017 announced by the General Department of Customs.   The Chart of volume and turnover of 12 automobile import markets in the first quarter of 2017. Chart: T. Binh Accordingly, in March 2017 the country imported 11,185 CBU automobiles worth $ US180 million, increasing by 39.3% in volume and 13.9% ...

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First Quarter of 2017: A deficit of $ US 1.94 billion

According to the statistics on imports and exports from the General Department of Customs, in the first quarter of 2017, the total import-export turnover reached more than $US 91.21 billion, up by 19.9%, corresponding to an increase of nearly $ US15.16 billion against the same quarter in 2016. The import turnover of 10 largest commodity groups in March 2017 compared to those in March ...

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Exporters are worried about a rapid increase in the price of pangasius catfishes

The price of pangasius is increasing sharply, making the farmers excited, but the export processing enterprises have difficulty in fulfilling their signed orders.   The price of pangasius catfishes has increased, bringing profits for farmers. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first week of April 2017, the price of raw fishes in the Mekong Delta suddenly increased ...

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US BAT Policy Hits Vietnam Export

  Exporters to the United States may anticipate the US tax adjustment policy and use their monetary policy to reduce their currency value against the US dollar to counter border adjustment tax (BAT). This makes their exports cheaper and serves as a counter measure to cheaper exports of the US and a BAT rate of 20 per cent. In his address to the Congress ...

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Vietnam develops logistics services for exports

Logistics services play an important role in connecting transportation and socio-economic development.   Logistics in Vietnam is gradually improving, helping domestic exporters and importers cut costs and increase their competitiveness against foreign rivals. Vietnam now has more than 1,300 logistics firms including foreign companies. The domestic logistics market is estimated at US$22 billion per year, accounting for almost 21% of the national GDP. The ...

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Business should be main driver of new-style agriculture: PM

Prime Minister Nguyễn Xuân Phúc (right) meets with workers of the Northern Low Pressure Gas Distribution Plant. — VNA/VNS Photo Thống Nhất THÁI BÌNH — Prime Minister Nguyễn Xuân Phúc said on Saturday that business should be the main force in building a new-style agriculture and creating farm produce that meets consumer demand. Phúc, speaking at a conference in the northern province of Thái ...

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