Measures to promote carbon trading platform in Vietnam
After the European Union (EU), the US will be the next to take its climate fight globally with the proposal of the Clean Competition Act, which, if passed, would impose border-adjusted carbon tariffs on its carbon-intensive imports.Nguyen Vo Truong An, Deputy director of the Carbon ...
EU's carbon tax regime enters transitional phase
The EU’s effort to cut carbon emissions globally is going into high gear as the bloc’s Carbon Border Adjustment Mechanism (CBAM) entered its transitional phase on October 1.As of October 1, the EU’s trading partners will have to report greenhouse gas (GHG) emissions embedded in ...
Vietnam’s aquaculture top position on world map
The growth in Vietnam’s seafood export turnover in recent years has been created from the foundation of the aquatic farming, exploitation and processing industry.Vietnam’s aquaculture industry has not only served the sizable domestic market with a population of about 100 million but also gradually conquered ...
EU's Carbon Border Adjustment Mechanism brings both challenges, opportunities
The European Union (EU)’s Carbon Border Adjustment Mechanism (CBAM) transition period will begin on October 1, 2023, and from 2026 this program is expected to become permanent.According to the mechanism, businesses have to report the amount of greenhouse gases in their imported goods, if this ...
Translated by Hong Son
Ample room for rice exports
Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.According to Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA), Vietnam’s ...
Trung Chanh
The reverse side of export growth
In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies.In the eyes of Vietnamese businesses, the signings of 15 FTAs have minimized the use of tariff barriers for free flow trade, but it has paradoxically ...
Hung Le, Ngoc Nguyen
Forum highlights sustainable forest governance, timber trade monitoring
The Centre for Sustainable Rural Development (SRD) and the Vietnam Administration of Forestry co-organised a forum on sustainable forest governance and timber trade monitoring in Hanoi on August 22. It is one of the annual activities aiming to promote the efficiency of forest governance and ...
Annual report on FDI in Vietnam released for the first time
The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...
RCEP gives extra leverage to post-pandemic economic recovery
The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.The deal was signed between 10 members of the bloc and five partners ...
Vietnam inks world’s largest trade pact RCEP
The Regional Comprehensive Economic Partnership (RCEP) was signed Sunday by leaders of 15 Asia Pacific countries that make up 29 percent of global GDP. The pact was signed online by leaders of 10 ASEAN member states as well as Australia, China, Japan, New Zealand and ...
Phuong Anh, Hong Chau
