Trade
Imports
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
Mineral misery: Vietnam salt farmers battered by imports, climate
The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.Vietnam produced about one million tonnes of salt in 2015, according to the latest official data, and often clocks surpluses, but it still ships salt ...
AFP
Vietnam faces threat of trade deficit in 2019
Việt Nam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.Keep reading ...
VNS Reporter
VN improves on sustainable trade
Việt Nam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week, up up two points in comparison with 2016’s result. The report was developed by the non-profit foundation Hinrich Foundation and British research and analysis firm The Economist ...
VNS Reporter
Trade turns growth engine for globalizing Vietnam
Vietnam’s trade as a percentage of GDP topped 200 percent last year, highest for any country with over 50 million people. This data, compiled by the World Bank, shows that the country is reaping the benefits of an open economy at a time that protectionism ...
Dat Nguyen
U.S.-China trade war hurts Vietnam's rubber exports
The U.S. president’s decision on imposing tariffs on $189 billion worth of imports from China, including wood furniture and auto spare parts, will cause a lot of difficulties to Vietnam’s rubber sector, according to the Vietnam Rubber Association.Keep reading ...
KH.V
Ministry detects 158 illegal scrap importers
As many as 158 individuals and organisations have been found illegally importing scrap into Vietnam as they are not certified to carry out such activities. According to the Vietnam Environment Administration under the Ministry of Natural Resources and Environment (MoNRE), the individuals and organisations imported 4,514 ...
VNA Reporter
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
