Việt Nam News

The US Department of Commerce (DOC) has once again announced the extension of the deadline for issuing its final conclusion on an anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Việt Nam, according to the Ministry of Industry and Trade (MoIT).

The Ministry of Finance (MoF) has proposed a reduction of most favoured nation (MFN) tariff on a number of petrol products widely used in industrial production from 20 per cent to 10 per cent in an attempt to bring down the economy's input cost.

According to experts, as input costs for raw materials, labour and gasoline price rises, incomes have stagnated or even decreased.

With India’s recent rice export restrictions, Vietnamese exporters expect to increase shipments and hike prices, industry insiders said.

Realty stock prices need to lose another 10 - 20 per cent to create more opportunities for bargain-hunting activities.

The UK-Việt Nam Free Trade Agreement (UKVFTA) is expected to help Việt Nam accelerate institutional reforms, improve the investment and trade environment towards modernity and transparency, as well as create convenience for businesses.

The Cần Thơ City Department of Industry and Trade has tied up with The Việt Nam Post and Telecommunication Group to trial non-cash payment at An Thới Market.

Chairman of Hà Nội People’s Committee Trần Sỹ Thanh has pledged to create all possible conditions for foreign firms, including those from the Republic of Korea, to invest in the city.

Industrial parks and clusters in the Cửu Long (Mekong) Delta province of Tiền Giang attracted more than VNĐ834 billion (US$35.4 million) in the first eight months of this year, according to the province People’s Committee.

With a large workforce, lower labour costs and sizeable market, Việt Nam is one of the popular destinations for Singapore’s start-ups, according to The Straits Times newspaper.

The Cửu Long (Mekong) Delta province of Sóc Trăng is working hard to boost its ‘one commune-one product’ programme by strengthening links between co-operatives to create more jobs for locals and increase incomes.

The latest technologies, equipment and products in the printing and packaging industry will be on display at the 20th Việt Nam International Printing and Packaging Industry Exhibition (Vietnam Print Pack 2022) to be held in HCM City from September 21 to 24.

The 17th International Exhibition on Products, Equipment, and Supplies for Medical, Pharmaceutical, Hospital and Rehabilitation, Pharmedi Vietnam 2022, opened in HCM City on September 14 with more than 350 exhibitors having 400 booths.

The latest data from the General Department of Customs showed Việt Nam's export to the UK increased 7.7 per cent in the past eight months.

The downturn slowed in the afternoon session following increased demand when the VN-Index declined near the short-term resistance level.

Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access capital to restore production and business.

The manufacturing sector is a driving force behind economic growth, but manufacturers are still outcompeted by foreign rivals when it comes to core technologies, according to insiders.

The value of retail trade and services in the Cửu Long (Mekong) Delta province of Trà Vinh topped VNĐ30.6 trillion (US$ 1.338 billion) in the first eight months, a nearly 30 per cent increase year-on-year, according to its Department of Industry and Trade.