Construction machinery market lures foreign suppliers

Construction machinery market lures foreign suppliers

With a scale touching tens of billion US dollars, Vietnam’s construction machinery market proves a magnet to foreign manufacturers and distributors.
Fruit exports to China increase sharply

Fruit exports to China increase sharply

The recovery of exports to China will contribute to boosting Vietnam's fruit and vegetable industry in 2023.
Ministry of Industry and Trade aims to stabilise petrol market

Ministry of Industry and Trade aims to stabilise petrol market

Fluctuations in the global petroleum market in 2022 have forced Vietnam to strongly import petroleum to meet the domestic demand.
Vietnam’s action plan for commodity import-export

Vietnam’s action plan for commodity import-export

With Vietnam set to maintain momentum to realise its dream of becoming an alternate global supply chain leader, the Fourth Industrial Revolution is providing a boost for global industries to look to Vietnam as a major manufacturing hub in the Southeast Asia region.
Petrol and oil imports increased until end of June 2023

Petrol and oil imports increased until end of June 2023

The Ministry of Industry and Trade (MoIT) is making efforts to ensure the supply sources of petroleum products in the domestic market.
Trade turnover of foreign-invested enterprises maintain growth momentum

Trade turnover of foreign-invested enterprises maintain growth momentum

Foreign-invested enterprises (FIEs) acquired $407.21 billion in import-export turnover in the first ten months of 2022, up 14.9 per cent (or $52.92 billion) on year.
The EU import tariff on milled rice set at $64 per tonne

The EU import tariff on milled rice set at $64 per tonne

Beginning on September 8, the EU now imposes an import duty of €65 ($64) per tonne on white milled rice with the CN 1006 20 code.
Vietnam-China import-export turnover maintains growth momentum

Vietnam-China import-export turnover maintains growth momentum

Vietnam-China import-export turnover maintains growth momentum
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.
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