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Vietnam restores goods transactions at border gates with China

11/02/2020

Prime Minister Nguyen Xuan Phuc has agreed to restore export and import activities at border gates with China but quarantine rules must be rigorously obeyed, according to an announcement of the Government Office.

Exporters scramble for materials as factories idle

11/02/2020

The extended shutdown of Chinese factories from the coronavirus outbreak is upsetting supply chains as manufacturers feel the pinch from shortages of material and travel restrictions on staff.

Textile, footwear firms in a stitch as coronavirus infects material sourcing

11/02/2020

Vietnamese textile and footwear manufacturers are struggling to import material from China where the new coronavirus outbreak has resulted in factories being shut down.

U.S. tariffs on derivative steel, aluminum imports take effect

11/02/2020

Amid wide opposition, U.S. administration’s decision to increase tariffs on derivative steel and aluminum imports by 25 percent and 10 percent respectively took effect on Saturday.

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.

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 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.

Tra fish exports likely to recover this year

09/02/2020

This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Vietnam Pangasius Association.