The Ministry of Industry and Trade has issued Decision No.1514 on applying measures to prevent evasion of safeguard duties for some cane sugar products imported from Cambodia, Indonesia, Laos, Malaysia, and Myanmar. The MoIT affirmed that Decision No.1514 on the application of safeguard measures to prevent trade remedies evasion was issued based on an investigation […]
Read MoreThe Vietnam Sugarcane and Sugar Association (VSSA) has asked for help as smuggling is killing the domestic sugar industry and causing Vietnamese sugar companies to go bankrupt. According to the association, in previous years, smuggled sugar in large quantities with low prices from Thailand seriously affected the domestic industry. Before the implementation of ATIGA (ASEAN […]
Read MoreDomestic fuel prices fell by VND450-950 per liter or kilogram starting from 3 p.m August 1, according to an announcement jointly issued by the ministries of Industry-Trade and Finance. The RON95-III gasoline now sells for VND25,600 per liter, down by VND470, while bio-fuel E5 RON92 fell by VND450 to VND24,620 per liter. Diesel oil now […]
Read MoreThe first half of the year saw interest rates edging up 0.5-1 percentage point against the end of last year. Liquidity in the banking system was blamed for interest rate hikes. The first-half demand for credit grew a staggering 9.35 % against the beginning of the year while the rise in deposits was nearly 4.51%, […]
Read MoreGovernor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight dollarisation and goldisation in the domestic economy At a recent meeting, Hong said according to the country’s policy to restrict gold supply sources […]
Read MoreAfter two years of enforcement, the EU – Vietnam Free Trade Agreement (EVFTA) has generated initial results, but rising inflation in the EU and the euro depreciation are affecting Vietnamese firms, requiring urgent solutions to those difficulties. Thanks to the EVFTA that took effect on August 1, 2020, Vietnam’s exports to the EU still rose […]
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Thailand
