In the first four months of 2020, the total export turnover of the whole country reached US$ 80.86 billion, increasing by 2%, equivalent to an increase of US$ 1.62 billion compared to the same period last year. Which groups contributed the most to export growth across the country and which groups are facing difficulties.
Economic cooperation between Vietnam and the European Union (EU) is about to turn a new page in history as the Vietnamese National Assembly is moving very close to ratifying the EU-Vietnam Free Trade Agreement (EVFTA).
According to the General Department of Customs, in the first fourmonths, total import turnover of the whole country touched US$78.08 billion, down0.3%.Notably, China is still the largest import market.
In the context of the world economic slowdown and many countries facing negative growth, Vietnam aims to strive for over-five-percent GDP growth this year. In order to reach this goal, five breakthroughs have been stipulated by the Government, and what is needed is to take action drastically and strongly to recover the economy soon.
Vietnam has effectively controlled the spread of the Covid-19 epidemic and maintained a safe environment for production and trade. With many natural advantages, Vietnam is a promising place for foreign investors to expand their supply chains.
Commenting on the draft resolution of solutions to overcome difficulties in the Covid-19 pandemic chaired by the Ministry of Planning and Investment to submit to the Government, the Ministry of Finance said that proposal on exemption and reduction taxes of some items should be done carefully so as not to violate international commitments.
On May 5, at the seminar "Economic recovery and development in 2020" organised by the People's Committee of Ho Chi Minh City, the city’s leaders, experts, and businesses discussed many solutions to restore economic growth that have been heavily impacted by the Covid -19 pandemic.
The whole economy has been affected by the COVID-19 pandemic. However, for each industry, each field has a different level of difficulty. This will greatly affect the speed of recovery after the end of the pandemic.
The COVID-19 pandemic has not only affected people's health but also disrupted supply chains, negatively affecting the global and regional economy. Minister of Industry and Trade Trần Tuấn Anh talks with Vietnam News Agency about plans for economic recovery, and the Special ASEAN Plus Three Summit on Coronavirus Disease 2019 (COVID-19) that was held via video conference.
Customs News interviewed Mr. Tran Quoc Dinh, Deputy Director of Ha Noi Customs Department, about the deployment of the National Single Window and the Automated System for Aviation Customs management.
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