Steel has hit a new high after a series of rapid price increases from May through June 2021 when they increased by more than 50 per cent compared to the beginning of the year.
Việt Nam had a trade deficit of more than US$1 billion with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect.
Prime Minister Nguyễn Xuân Phúc on Monday signed a directive calling for urgent measures to improve the management of imports of waste as production material.
Customs Department in the southern province of Bà Rịa Vũng Tàu found 100 cakes of heroin (about 35kg), hidden in a container of imported scrap.
Businesses illegally shipping in scrap into the country would be prosecuted on smuggling charges this month, said director of the General Department of Customs Nguyễn Văn Cẩn during an online conference.
The General Department of Customs has asked localities to tighten imports of scrap into Việt Nam.
Local businesses should follow laws and requirements on origin when exporting their product to the US.