City to focus on improving investment, trade promotion

The Investment and Trade Promotion Centre of HCM City will focus on improving trade promotion in terms of both quality and quantity to help Vietnamese firms better exploit their markets.

Việt Nam gains record in State budget revenue in 2019 Việt Nam's customs department contributed a record VNĐ348 trillion (US$15 billion) to the State budget from the collection of import and export taxes in 2019, according to the General Department of Customs.

Việt Nam’s diplomacy achievements in 2019

While the world saw profound global instability in 2019, the Pacific – Asia area proved to be the leading region in terms of economic integration, Deputy Prime Minister Phạm Bình Minh has said.

Việt Nam enjoys record trade value Việt Nam’s trade value this year was estimated to touch US$500 billion, two years after hitting the $400 billion threshold, a new milestone for the country that has been striving to improve its business climate and enhance international integration.

State revenue unlikely to fall despite numerous FTAs Reduced revenue from removing taxes on imported goods - in accordance with various free trade agreements (FTA) that Việt Nam has signed - is unlikely to affect state revenue, said the finance ministry in a conference held Thursday in Hà Nội.

Việt Nam’s fruit and vegetable export value falls in 11 months

Việt Nam's fruit and vegetable exports dropped 0.6 per cent year-on-year to US$3.5 billion in the first 11 months this year, according to the Ministry of Agriculture and Rural Development.

NA Chairwoman meets Belarusian top leaders

Việt Nam and Belarus should work together to lift the two-way trade to US$500 million to match both sides’ potential and desire, said National Assembly Chairwoman Nguyễn Thị Kim Ngân during talks with Chairwoman of the Council of the National Assembly of Belarus Natalya Kochanova in Minsk on Thursday (local time).

VN exporters can only take advantage of CPTPP with preparation With preferential tariffs provided under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Việt Nam has the opportunity to increase exports of garments, footwear, timber products, and beverages to other member countries.

New FTAs put pressure on VN to reform business practices

New-generation Free Trade Agreements (FTAs) are expected to help Việt Nam become more competitive if the country reduces trading costs and improves its business environment, experts said on December 3 at a conference in HCM City.

Garment export target of $40 billion a long shot The domestic textile and garment industry was still striving to reach its export revenue target of US$40 billion this year despite facing many difficulties, said Vũ Đức Giang, chairman of the Việt Nam Textile and Apparel Association