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Export growth is high despite the pandemic

Despite difficulties, with efforts from the State and enterprises, Vietnam has reached a record high export growth in the first five months of this year. Although there will be negative impacts from the pandemic, it is forecasted that import-export activities will continue to prosper in the future.

Businesses are worried international freight rates will continue to increase

While facing difficulties due to the impact of the Covid-19 pandemic, import-export and logistics businesses are worried international freight rates will continue to increase.

Rules of origin make it difficult for businesses to take advantage of preferential tariffs from FTAs

Answering and handling problems about rules of origin will help businesses make better use of tariff incentives under FTAs, thereby increasing the rate of import and export turnover.

Increase barriers of trade remedy

In May and early June, Vietnamese firms continuously received announcements from authorities about anti-dumping investigations on Vietnamese goods from foreign countries. This causes many difficulties, affecting the export plan of firms.

Businesses expect support packages to come quickly

It is forecast that the production and business situation in 2021 will still facemany difficulties amid the COVID-19 pandemic. Businesses will continue to experience a difficult and unpredictable year to "surmount the pandemic"; many businesses have proposed support policies closer to reality.

After a strong recovery, imports and exports are unpredictable

Talking to the press recently, Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade) said that since the beginning of the year, Vietnam's import and export sector has seen a strong recovery. However, the "picture" of imports and exports in the future is quite difficult to predict, depending heavily on the Covid-19 pandemic in localities such as Bac Ninh and Bac Giang.

Proposing not to collect infrastructure fees at seaports during tough times

The private sector development research board (IV Board) reported to the Prime Minister the recommendations of businesses on inadequacies in collecting fees for the use of infrastructure and public utility services at border gates and seaports in HCM City (expected to apply from July 1, 2021) and Hai Phong City.

Seafood enterprises increase deep processing for export

Many export seafood products have experienced a sharp increase in the first half of 2021, seafood enterprises are focusing on deep processing to increase export value of many key products.

Making good use of opportunities from EVFTA, leather and footwear exports accelerate to the EU

Since the EU-Vietnam Free Trade Agreement (EVFTA) took effect, Vietnam's leather and footwear exports to the EU market have grown. It is notable this is one of the industries that makes the best use of tariff preferences in the EVFTA by meeting the provisions of the respective rules of origin of goods in the agreement.

Freight costs weigh down on disrupted businesses

Vietnamese businesses are reeling under financial stress as ocean-freight costs soar to a new record level, hindering local exporters’ ambitions to further expand in foreign markets.

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Events