Economy and commerce
Small and medium enterprises (SME)
New decree removes barriers for rice exporters
According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.The change comes thanks to a new Decree ...
Vietnam actively delivers Trade Facilitation Agreement commitments
The TFA will create a driving force to boost global trade and bring common benefits to WTO member states, especially developing ones. Adding that entry to the agreement will help step up the reform, simplification, and improvement of transparency in customs procedures; assist small- and ...
Vietnam is most vulnerable in Southeast Asia to trade war
Vietnam, the Philippines and Indonesia risk incurring serious damage from the spiralling trade war between the United States and China, with Hanoi the most exposed because of its high level of exports, according to analysis by FT Confidential Research.Keep reading ...
FT Confidential Research
Vietnam increasingly reliant on imported energy
Due to limited domestic supply, Vietnam has become increasingly dependent on energy imports, putting national energy security at risk, Nguyen Van Thanh, deputy head of the Electricity and Renewable Energy Department under the Ministry of Industry and Trade, said. Keep reading ...
Thuy Dung
Việt Nam to restrict import of scrap
The General Department of Việt Nam 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 Việt Nam.Keep reading ...
VNS Reporter
PM orders suspension of licenses for waste imports
Prime Minister Nguyen Xuan Phuc, at a regular Government meeting on July 25, announced that the Government will no longer issue new licenses for waste imports amid backlogs of imported scrap at ports, according to the Government news website.Keep reading ...
The Saigon Times Reporter
List of scraps permitted for import to be shortened: Ministry
The Ministry of Natural Resources and Environment (MoNRE) is seeking to remove scrap parts used for manufacturing from allowed import lists which either contribute to polluting the environment or can be supplied locally, as specified in Decision No.73/2014/QD-TTg.Keep reading ...
VNA Reporter
Imports of used materials to be tightened
The Ministry of Natural Resources and Environment (MoNRE) will ask the Government to restrict the import of recyclable and used materials to Việt Nam.Keep reading ...
VNS Reporter
US-China trade war to hurt or benefit VN agriculture?
The ongoing US-China trade war will greatly impact the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Việt Nam.Keep reading ...
VNS Reporter
Vietnamese firms face global trade protectionism wave
Domestic enterprises need to take preventive measures to avoid losing export markets in the near future as there is a rising trend among some nations to strengthen trade protectionism for their domestic industries by applying trade defense measures.Keep reading ...
Minh Tam