The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has inked a memorandum of understanding (MoU) on trade and investment promotion with Uruguay’s Investment, Export and Country Brand Promotion Agency.
The export revenue of Vietnam’s garment and textile industry was estimated at US$18.34 billion in the first seven months of 2019, a year-on-year increase of 10.5%, according to a report from the Ministry of Industry and Trade (MoIT).
Vietnam earned a H1 trade surplus of 175.24 million in confectionery and grain products, up 2.94 percent over the same period last year.
Sanofi Vietnam has announced that it has received a licence to directly import drugs, becoming the first multinational corporation with such rights in the country.
Việt Nam will attract more foreign direct investment and boost its agricultural and fisheries exports through free trade agreements, experts have said.
The intensifying trade war between China and the U.S. threatens to derail Vietnam’s export growth with the weakening of the Chinese yuan.
ASEAN Secretary General Lim Jock Hoi has welcomed Vietnam to hold the Chair of ASEAN in 2020, noting that the country has made big steps forward and become one of the key economies in the grouping.
Vietnam is considering importing coal from the United States to meet rising demand for the fuel for power generation, state media reported on Tuesday, as the Southeast Asian country plans to build more coal-fired power plants.
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
Da Nang City People's Committee coordinated with the Indonesian Embassy in Hanoi to organise a business forum named “Promotion of Indonesia Trade, Tourism and Investment in Vietnam”, on August 5, in Da Nang city.
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