English
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Safeguard duty on imported monosodium glutamate will be lowered
According to a decision issued recently by the Ministry of Industry and Trade (MoIT), the safeguard duty on monosodium glutamate imported into Vietnam will be lowered from March 25, 2017.
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In 2016 - 2020: Central Highlands is expected to attract over 10 bln USD in investment
At a recent conference to call for investment in the region, Prime Minister Nguyen Xuan Phuc asked regional localities to form large-scale organic agricultural areas. He recommended them promote indus
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Production and business results improved in the first two months
According the Ministry of Industry and Trade (MoIT) reported, in the first two months, export value grew 15.4 percent to 27.3 billion USD, including 7.6 billion USD from wholly State-owned enterprises
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First two months of 2017: Import of vegetables and fruits saw strong growth
Vietnam spent 164 million USD importing vegetables and fruits during Jan-Feb, a year-on-year increase of 54.7 percent, the General Department of Customs said. The country’s import of vegetables and fr
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Vietnam’s rice sector need to launch a comprehensive reform
Chairing a conference on March 15 to seek ways to sustainably develop the sector in the Mekong Delta, Prime Minister Nguyen Xuan Phuc emphasized that it’s time to comprehensively reform rice productio
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Without the TPP: Vietnam’s footwear sector maintain its strong growth
At the two-day 2017 Vietnam Footwear Summit, Mr. Diep Thanh Kiet, Deputy chairman of the Vietnam Leather, Footwear and Handbag Association (Lefaso) said that Vietnam’s leather and footwear industry wi
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Vietnam’s tuna exports to Japan dropped
Vietnam’s tuna exports to Japan have dropped for four consecutive years since 2013 partly due to high import tariff at 6.4 percent – 7.2 percent. After peaking at 54 million USD in 2012, Vietnam’s tun
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Vietnam, Brunei target 500 mln USD two-way trade by 2025
Deputy Minister of Industry and Trade Do Thang Hai lauded the outcomes of the first meeting of the Vietnam-Brunei Joint Commission for Bilateral Cooperation during a meeting in Hanoi on February 27 wi
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Free trade agreements fuel cosmetics market in Vietnam
The domestic cosmetics market has never been as vibrant as it is at present, with Vietnam having joined various free trade agreements which slash import tariffs on cosmetics to 0 - 5 percent.
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February consumer price index up 0.23 percent
On February 28, the General Statistics Office (GSO) announced that the country’s consumer price index (CPI) in February inched up 0.23 percent from last month and 5.02 percent year-on-year. Out of the
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Market members will be able to borrow G-bond for sale
A circular was issued by the finance ministry early this month to amend and supplement some articles of an older circular regulating the trading of G-bonds (G-bond), Government-backed bonds and local-
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Vietnam-US double taxation avoidance agreement approved
The Government recently issued a resolution to ratify an agreement and a protocol on avoiding double taxation and preventing income tax evasion between Vietnam and the United States of America.
