The national one-door customs mechanism, first introduced in 2011, has considerably reduced time spent on customs procedures and facilitated import and export activities. This forms an important premise for Việt Nam as it develops its National Single Window (NSW) that will have to integrate with the ASEAN Single Window (ASW).
Domestic pepper prices have been fluctuating abnormally from late July until now, with the VPA blaming price manipulating measures used by Chinese businesses.
Management over the fertiliser market must be enhanced to prevent fake and low-quality products which caused an estimated losses of about US$2.5 billion each year for the country with more than 70 per cent of its population working in the farming sector, experts said at an online conference on Wednesday.
The Hà Nội Department of Transport (DoT) is now asking for opinions on a regulation draft over the business and conditions for transportation business by auto within the city limit, set to be approved by the end of 2017, to which there have been controversial responses from taxi firms and association.
Vietnamese shares tumbled on Wednesday on both local markets as investors triggered large-scale sell-offs following rising tension between the US and North Korea and false news about the arrest of a former banker.
Authorities in the southern province of Cà Mau should accelerate the administrative reform process and offer the most beneficial policies for investors, business leaders have said.
The HCM Stock Exchange (HOSE) on Tuesday approved the listing of more than 1.33 billion shares of Việt Nam Prosperity Joint Stock Commercial Bank (VPBank).
Trà Vinh Province’s Management Board of Economic Zones on Tuesday granted an investment registration certificate to two investors to develop the first phase of the Duyên Hải Wind Power Project.
The profits of the seven listed banks could rise 32.16 per cent against the beginning of 2017, if this year’s credit growth target is raised to 20 per cent.
Over 341,000 tonnes of fibre and yarn were shipped abroad for $933.4 million in the first half of this year alone, up 18.5 per cent in volume and 29.47 per cent in value, according to the General Department of Customs.
Businesses should co-operate closely with the Government to usher in a second export wave featuring products with higher added-value and promotion of brands, an export forum heard in HMC City on Tuesday.
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Vietnamese shares fell slightly on both local markets on Tuesday as investors tried to take profits from the exchanges’ three-day rallies.
Vietnamese automakers and importers have been racing to reduce the price of many models in recent months ahead of the zero-tariff policy for car imports from ASEAN nations that goes into effect on January 1, 2018.
The second International Conference on Information Technology Outsourcing/Business Process Outsourcing in Việt Nam will be held in HCM City next October.
The Korea Trade Commission (KTC) has extended its anti-dumping investigation against ferroalloy imported from Việt Nam, Ukraine and India and will arrive at a final decision on October 1 this year instead of August 1 as per the previous deadline.
Japanese companies are focused on the Vietnamese market and seek wider, deeper co-operation with Vietnamese firms, Eiichi Tani from SME Support Japan said in Hà Nội on Monday.
Although the temporary safeguard tax on imported DAP fertiliser is effective from August 19, the market price of this product has already increased sharply by a range of VNĐ1.5 million-VNĐ1.9 million (US$66-84) per tonne.
Low-cost Jetstar Pacific Airlines will launch the first flight from Đồng Hới City in central Quảng Bình Province, to Chiang Mai Province, Thailand, on Friday.
