Vietnamese shares recovered on Tuesday, driven by large-cap stocks despite further complications in US and China trade relations.
US President Donald Trump on Monday defied warnings and escalated the trade confrontation with China, hitting the country with tariffs starting next week on another US$200 billion in imports and threatening to target even more if Beijing retaliates.
Higher feed-in tariffs for wind power projects in Việt Nam will help push forward the completion of many projects and ensure they begin operation.
ASEAN Unity and economic integration are the key factors that can help its members as the trade tensions between the United States and China escalate, participants in a panel on the geopolitics of trade agreed at a session of the World Economic Forum on ASEAN yesterday.
The application of a customs bond model would benefit the country, contributing to an increase of one per cent of the total import-export turnover according to comments by Minister and Chairman of the Government Office Mai Tiến Dũng.
The Ministry of Finance is proposing a sweeping ban on the export of raw minerals, a move that would indicate an escalation of the Government’s generally negative stance on a practice that generates little value while causing environmental devastation.
A customs bond model for speeding up clearance of goods is required to deal with Việt Nam’s complicated administrative procedures and boost its competitiveness, experts told a conference on trade facilitation in HCM City September 6.
Việt Nam’s benchmark VN Index fell for a fourth straight session, dragged down by large-cap stocks amid investors’ worries over the market short term prospects and international trade news.
Việt Nam’s benchmark VN Index fell for a third straight session on Wednesday, following other Asian markets, as investor confidence hit the floor with worries over the trade tension between China and the US.
The Ministry of Industry and Trade (MoIT) will hold bids on the right to use duty quota to import 94,000 tonnes of sugar this year.