Honda import strategy unable to avail of fee cuts

Honda import strategy unable to avail of fee cuts

Japanese carmaker Honda may come to rue its decision to start importing CR-V vehicles, giving up domestic assembly, now that the government has greenlit a 50 per cent cut in registration fees for locally assembled automobiles as part of a new initiative to help the market find its feet amidst the coronavirus pandemic.
US has no plan to suspend import of Vietnamese garment-textiles: ambassador

US has no plan to suspend import of Vietnamese garment-textiles: ambassador

The US Government has no plan to suspend the import of Vietnamese garments-textiles, said Vietnamese Ambassador to the US Ha Kim Ngoc.
Low-cost chicken imports inhibit domestic products

Low-cost chicken imports inhibit domestic products

In the first eight months, Vietnam imported 195,000 tonnes of chicken for $166.6 million, up 51.4 per cent in volume and 48 per cent in value on-year.
First seven months see trade surplus at 3.06 billion USD

First seven months see trade surplus at 3.06 billion USD

Total export value during the first seven months of 2018 rose 15.3 pc year on year while import value increased 10.2 pc, resulting in a trade surplus of 3.06 billon USD in the period.
Vietnam to restrict import of scrap

Vietnam to restrict import of scrap

The General Department of Vietnam Customs (CGD) will study and submit to the Ministry of Finance a proposal to the Government to restrict imports of scrap materials and move towards a ban on scrap imports to Vietnam.
Decree 116 nearly stops CBU business from developed countries

Decree 116 nearly stops CBU business from developed countries

European CBU car exporters could not overcome Vietnam's Decree 116, while ASEAN exporters seem to have few issues. What problems are EU exporters facing?
Preferential tax rate cannot control car prices

Preferential tax rate cannot control car prices

Despite the 0 per cent preferential tax rate, the price of imported cars keeps increasing.
New decree expected to halt temporary import violations

New decree expected to halt temporary import violations

Goods temporarily imported for re-export can be kept in Vietnam for no more than 60 days from the date of completion of customs formalities, according to a new Governmental decree.
Around 300 firms will attend Vietnam-US Trade Forum

Around 300 firms will attend Vietnam-US Trade Forum

The Vietnam-US Trade Forum will take place tomorrow at Ho Chi Minh City to update firms on policy changes and bilateral trade issues.
Top Thai Brands 2018 paves the way for Thai companies

Top Thai Brands 2018 paves the way for Thai companies

Top Thai Brands 2018 expo, a must-visit destination for distributors and consumers of quality Thai products, is open until May 15.
Imports, domestically-assembled cars in battle for market share

Imports, domestically-assembled cars in battle for market share

Imported CBU (completely built unit) cars are expected to flood Vietnam, as domestic automobile manufacturers prepare to launch new models.
Belarus moves to set up automobile joint venture in Vietnam

Belarus moves to set up automobile joint venture in Vietnam

Belarus is going to establish a joint venture to manufacture cars in Vietnam to cash in on growing local demand.
CPTPP facilitates growth of Vietnamese timber industry

CPTPP facilitates growth of Vietnamese timber industry

Reduced tariffs and competitive prices will facilitate the growth of the Vietnamese timber industry after the CPTPP comes into force.
$315 million trade deficit during seven days of Lunar New Year

$315 million trade deficit during seven days of Lunar New Year

Export and import turnover in the first seven days of the Lunar Year increased by 47 per cent compared to the last Lunar New Year.
US opens doors wider for Vietnamese farm produce

US opens doors wider for Vietnamese farm produce

The US has opened the doors for more Vietnamese agricultural exports with the establishment of an inspection office right in the country.
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