Driven by the Vietnamese government’s new strong moves, greater investment flows from the EU into Vietnam is on the horizon for 2022 focusing on high-tech industries as well as green and sustainable business, expecting to change the country’s foreign investment picture in the months to come. In late January, a working group of the European […]
Read MoreVietnam said US trade remedies must be fair and in accordance with the World Trade Organization (WHO) rules. Hanoi has said the antidumping duty of more than 400% on honey from Vietnam that the US announced would threaten the livelihoods of Vietnamese farmers. The anti-dumping rate once imposed would cause serious impacts on Vietnam’s beekeeping […]
Read MoreChina has suspended trade through the Kim Thanh Border Gate in Vietnam’s Lao Cai Province after discovering Covid-19 cases on its side, leaving 350 container trucks stranded. With Chinese authorities placing the Hekou Yao Autonomous County under lockdown, it is unclear when the trucks can cross the border. The Ministry of Industry and Trade has […]
Read MoreIf petroleum prices continue escalating, Vietnam will need to cut taxes and fees, in addition to using the petroleum price stabilization fund. Asked why on February 11, 2022 (and not February 1 as expected), the Ministry of Industry and Trade (MOIT) adjusted petroleum prices, Tran Duy Dong, Director of the MOIT’s Department of Domestic Market, […]
Read MoreThe export volume of made-in-Vietnam products has reached new highs and make up more share in the global market, helping set the foundation for the country to become a more attractive manufacturing hub. The General Department of Vietnam Customs reported that the country’s export value of phones and components reached $57.54 billion in 2021, an […]
Read MoreVisa procedures will be handled normally as before the pandemic and restrictive measures will be removed. Vietnam will likely reopen to tourists from March 15, exempting visas and removing Covid-19 restriction measures on travel, thanks to the encouraging results from the immunization campaign across the country. The proposals were given by representatives from ministries and branches at a […]
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