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Preventing trade defence lawsuits in wood industry: Need for coordination with customs
28/12/2020
Vietnam's wood industry increasingly faces trade defence lawsuits, especially the lawsuit against tax evasion. To control risks and minimise damages, the promotion of close coordination between the business community and State management agencies, especially Customs, is recognised as an important and feasible solution.
Businesses to save VND3,500 billion in taxes each year thanks to the UKVFTA
28/12/2020
Regarding the impact of the UK-Vietnam Free Trade Agreement (UKVFTA) on goods exports as well as production and business activities of enterprises, Minister of Industry and Trade Tran Tuan Anh said the agreement would bring businesses more opportunities to export to the UK. The value of import tax that Vietnam can save when exporting goods to the UK is estimated at VND3,500 billion each year.
Shrimp exports enjoy robust growth during 2020
25/12/2020
Vietnam's shrimp exports are expected to record a dramatic increase of 12.4% to US$3.78 billion in comparison with other export items this year despite suffering from the adverse impacts of the novel coronavirus (COVID-19) pandemic, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
