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Head of the Party Central Committee's Economic Commission Tran Tuan Anh hailed the growing strategic partnership between Vietnam and the UK in various areas during a reception in Hanoi on June 23 for Minister of State for Trade Policy in the Department for International Trade of the UK Greg Hands.
The complicated developments of the COVID-19 pandemic have caused disruption in agricultural product supply chains and posed challenges for many localities in agricultural product consumption. To address this problem, Ninh Binh authorities have directed related localities and sectors to work together to seek solutions to boost the sale of agricultural products during the COVID-19 pandemic.
Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have approved a decision to start the accession process for the UK to join the trade deal during the fourth CPTPP commission meeting held via video conference on June 2 morning.
The retail prices of oil and petrol increased as of 15:00 on May 12 following the latest adjustments made by the Ministry of Finance, and the Ministry of Industry and Trade.
The Vietnamese Party and State always give special attention and care to the working class, labourers and trade unions, President Nguyen Xuan Phuc said on April 28.
Vietnam posted a trade surplus of nearly US$1.9 billion in the first four months of the year, according to the Ministry of Planning and Investment's Foreign Investment Agency.
Members of the Trade Union and Ho Chi Minh Communist Youth Union (HCYU) of the Vietnam Bank for Agriculture and Rural Development's Branch in Ninh Binh province, in collaboration with the HCYU of Gia Thang commune in Gia Vien district on March 28 planted 1,600 trees in the locality.
Vietnam's trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28.
The Ministry of Industry and Trade has announced 10 outstanding events that make their mark on the sector's success in 2020, of which, many initiatives by the industry and trade sector within Vietnam's ASEAN Chairmanship 2020 were effectively deployed.
Vietnam's exports this year could grow by 3-4 percent despite the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).
In the recent year, the Ninh Binh Department of Industry and Trade has proposed a series of measures to develop support industries by offering incentives to attract FDI businesses. It is stated that FDI businesses are an important driving force to promote domestic support industries.
In the context of COVID-19 pandemic's complicated developments disrupting international trade, Vietnam's exports have still maintained positive growth.
Vietnam reported total import and export revenue of over US$336.92 billion in the first eight months of 2020 and a record trade surplus of nearly US$13.5 billion, as announced by the General Department of Vietnam Customs on September 14.
Domestic trade is expected to contribute about 13.5 percent of GDP by 2025, according to the Ministry of Industry and Trade (MoIT)'s target to effectively realise the 2021-2025 socio-economic development plan.
The Department of Industry and Trade of Ninh Binh province said it would not adjust its export target despite a wide range of difficulties caused by the COVID-19 pandemic.
The Ministry of Industry and Trade (MoIT) and the Italian Ministry of Foreign Affairs and International Cooperation have signed an agreement to establish a new Joint Commission on Economic Cooperation.
Minister of Industry and Trade Tran Tuan Anh has signed Circular 11/2020/TT-BCT on rules of origin in the European Union - Vietnam Free Trade Agreement (EVFTA).
Vietnamese lawmakers adopted resolutions ratifying the European Union (EU)-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) during a plenary sitting of the 14th National Assembly (NA)'s ninth session in Hanoi on the morning of June 8.
The development of industrial zones needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.
The Ministry of Industry and Trade has issued a decision to extend the application of measures on preventing evasion of safeguard duty to rolled steel and steel wire imported to Vietnam from March 22, 2020.
The inflow of foreign investment into Vietnam experienced a year-on-year drop of 23.6 percent in the first two months of the year to 6.47 billion USD, according to a report from the Ministry of Industry and Trade's Foreign Trade Agency.
The European Parliament (EP) on February 12 ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).
After 25-year ASEAN membership and ten-year WTO admission, Viet Nam has emerged as the world's 22nd largest exporter, said Minister of Industry and Trade Tran Tuan Anh.
Vietnam's economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by nearly 8 percentage point of GDP since 2016, and a trade balance surplus for fourth year in a row, according to the World Bank (WB)'s report released on December 17.
Vietnam's foreign trade turnover is likely to surpass US$500 billion in 2019, Deputy Minister of Industry and Trade Do Thang Hai said at a press conference in Hanoi on December 12.
