Ministry of Industry and Trade

Real estate sees growth opportunities thanks to thriving retail sector

March 03, 2025 | 16:54

Positive factors seen in Vietnam’s retail sector would bring opportunities for the domestic real estate market. The Ministry of Industry and Trade forecasts that in 2025, the retail market is projected to reach 350 billion USD, contributing 59 per cent of the total state budget.

Online shopping discharges thousands of tonnes of plastic waste each year

January 21, 2025 | 15:51

To earn $1 billion, the e-commerce industry pours more than 7,600 tonnes of plastic into the environment, while food delivery does nearly 18,600 tonnes of plastic, according to a consultation on the Law on E-commerce the Ministry of Industry and Trade announced a few days ago

Vietnam reinforces free trade deal advantages

January 05, 2025 | 13:00

Three years after the entry into force of a landmark regional free trade agreement, Vietnam is poised to deepen trade and investment ties, leveraging the deal’s favourable rules of origin to boost exports and attract foreign funding.

High goals set for import-export

January 05, 2025 | 08:00

The Ministry of Industry and Trade has set a target of 12 per cent export growth in 2025 as Vietnam achieved impressive economic results in 2024, with imports and exports being the main driver of economic growth.

Importance stressed over power system

August 21, 2024 | 14:47

The Ministry of Industry and Trade has confirmed sufficient electricity for the nation until the year’s end, while admitting the transformation to renewables is sluggish.

Costa Rica recognises Vietnam as a market economy

August 06, 2024 | 21:59

Costa Rica has become the 73rd country to recognise Vietnam as a market economy.

Ministry approves base price for LNG-fired power at 10.56 US cents/kWh

May 30, 2024 | 08:00

The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at 0-2,590.85 VND per kWh for this year.

Authorities request response to Chinese apparel rules

November 03, 2023 | 15:22

The Ministry of Industry and Trade has emphasised the significance of China implementing a ruling on the third-party inspection of apparel products, particularly as exports to the market continue to decline.

170 eligible rice exporters announced

October 20, 2023 | 08:00

The Ministry of Industry and Trade’s Department of Export and Import recently announced a list of 170 eligible rice exporters as of October 18.

Chip-based ID cards proven effective in e-contract authentication: agency

August 18, 2023 | 08:51

The chip-based ID cards have facilitated the implementation of the Vietnam Electronic Contract Development Axis (www.CeCA.gov.vn) by the Ministry of Industry and Trade, said the Vietnam E-Commerce and Digital Economy Agency.

Ministry building long-term strategy on rice exports, market stabilisation: official

August 17, 2023 | 09:51

The Ministry of Industry and Trade (MoIT) is building a long-term strategy on rice export and market stabilisation, following bans by several countries, according to Deputy Director of the MoIT's Import-Export Department Tran Quoc Toan.

Rooftop solar plans may stifle industry

August 16, 2023 | 09:43

The Ministry of Industry and Trade is proposing to encourage rooftop solar power in offices and homes – but not in service and production businesses or industrial zones, which has caused concern for foreign and local producers in implementation of carbon reduction commitments.