News

Vietnam Introduces Resolution to Deal with Origin Fraud and Transshipment
Vietnam Introduces Resolution to Deal with Origin Fraud and Transshipment

09/02/2020

Vietnam introduced Resolution 119/NQ-CP to address increasing cases of transshipment and origin fraud. The resolution aims to promote cooperation among government agencies and more stringent product origin checks.The move is in line with Vietnam’s desire to satisfy US rules of origin requirements and address the trade surplus with the US.
Vietnam faces loss up to $7.7 bln in tourism due to China
Vietnam faces loss up to $7.7 bln in tourism due to China's coronavirus

09/02/2020

The coronavirus epidemic in China could wipe $5.9 billion to $7.7 billion from Vietnam’s tourism earnings in the next three months as international travelers stay away from the region, state media said on Friday.
Vietnam seeks ways to promote exports amidst fear of coronavirus impacts
Vietnam seeks ways to promote exports amidst fear of coronavirus impacts

09/02/2020

Vietnam has planned drastic measures to support exports following the suspension of cross-border trade with China due to the novel coronavirus, known as 2019-nCoV.
U.S. finalizes rule to slap duties on countries that undervalue currencies
U.S. finalizes rule to slap duties on countries that undervalue currencies

05/02/2020

The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.
ITC Investigates Illegal Seafood Imports
ITC Investigates Illegal Seafood Imports

05/02/2020

The U.S. International Trade Commission (ITC) has launched an investigation into the extent illegal seafood products are imported into the country and the impact this has on domestic fishermen.
Favourable policies expected to drive auto market growth
Favourable policies expected to drive auto market growth

05/02/2020

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.
Processing industry lures FDI capital
Processing industry lures FDI capital

05/02/2020

According to the Ministry of Planning and Investment, the manufacturing and processing industry saw a strong increase in foreign direct investment (FDI) capital in Vietnam with registered capital of more than US$12.09 billion, accounting for 72.2 percent of total newly-registered capital and South Korea continued to be the largest investor.
Footwear industry likely to hit goals this year
Footwear industry likely to hit goals this year

04/02/2020

The domestic leather and footwear industry was in good shape to reach its goals this year, according to Phan Thị Thanh Xuân, vice chairwoman and general secretary of the Việt Nam Leather and Footwear Association (Lefaso).
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