On December 30, 2017, the government of Vietnam issued Decree No. 163/2017/ND-CP (Decree 163) on regulations for doing business in logistics services. Under the provisions of Decree 163, which will come into effect on February 20, 2018, replacing Decree No. 140/2007/ND-CP dated September 5, 2007 (Decree 140)
The Vietnamese cruise tourism market continues its upward trend on the back of the increasing number of ship calls and passengers.
Because the sanction for the act of exporting goods infringing intellectual property was beyond the competence of Customs, thereby the Customs has to transfer the case to other authorities for handling, leading to prolonging the settlement nearly 2 years.
As 2018 brings newer and bigger free trade agreements (FTAs), Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market.
Standard Chartered Vietnam in Ho Chi Minh City on January 17 issued a global economic report, forecasting that Vietnam’s GDP will expand 6.8 percent in 2018.
This morning, January 5th, the Ministry of Finance held a press conference introducing 10 Decrees promulgating Vietnam's Special Preferential Import Tariff to implement the Free Trade Agreements ( FTA).
An odd truth must be admitted on trade policy: For all of President Donald Trump’s bluster and threats almost one year into his term, he hasn’t raised a single tariff. This is not to soft-pedal or deny his protectionist instincts, which are plain for all to see.
The Ministry of Finance (MoF) expects to keep this year’s State Budget deficit at 3.7 per cent of the GDP, below the 3.9 per cent mandated by the National Assembly.
Insufficient shipping infrastructure is crimping exports while costing the country as much as US$2.4bn per year in freight-related losses.
VIETNAM’S seafood exports hit a record value of US$8.32 billion in 2017, some 18 per cent higher than the previous year, said the country’s Ministry of Agriculture and Rural Development.
| The site is done with the technical support of the project BWTO |
