Recently, the COVID-19 epidemic has badly affected economic and trade cooperation activities between Vietnam and other countries, including cross-border import-export activities between several Vietnamese northern border provinces and China’s Guangxi and Yunnan.
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The US is one of Việt Nam’s largest sources of goods and its imports are increasing, according to the General Department of Customs. Last year the imports were worth US$14.36 billion after rising by 18 per cent.
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Local enterprises have urged the Government to soon activate support policies to help them overcome difficulties in production and business due to the novel coronavirus (COVID-19) pandemic.
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According to statistics of General Department of Vietnam Customs, the export turnover increased sharply compared to imports in the first two months of 2020.
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The Ministry of Finance has submitted to the Government a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments for those affected by the COVID-19 epidemic.
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The General Department of Vietnam Customs has sent an announcement to provincial Customs Departments to check electronic C/O form D (e-C/O form D) via the ASEAN Single Window mechanism.
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A survey on business performance of garment and textile companies in 2019, recently released by SSI Securities Corporation shows remarkable impacts of US – China relations on the business performance of these companies.
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Việt Nam’s 12 priorities as ASEAN Chair in 2020 were approved by other member countries at the 26th ASEAN Economic Ministers (AEM) Retreat and the ASEAN Business Advisory Council (ASEAN-BAC) Consultation Meeting on Tuesday.
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Việt Nam is forecast to lose some 0.41 per cent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report by the Asian Development Bank (ADB).
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Miratong Agribusiness Holding, one of the biggest meat suppliers in Russia, can export meats and materials for producing animal feed to Việt Nam, the company's president Viktor Linnik said.
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