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Vietnam forecast to grow by 4.8 percent in 2021: World Bank

The World Bank (WB) has projected Vietnam’s GDP to expand by 4.8 percent in 2021, two percentage points lower than its previous prediction in December 2020.

Ministries work on draft circular to ease congestion at seaports

Ministries are urgently working on a circular to allow imported goods to move from one seaport to another in case the first is overrun.

Sugar imports from five ASEAN countries increased by 10 times

In the first half of this year, the amount of sugar imported from Cambodia, Laos, Malaysia, Myanmar, and Indonesia into Vietnam reached 399,189 tons, 10 times higher than 38.61 tons in the same period last year.

Domestic Advisory Group set up under EVFTA

Minister of Industry and Trade Nguyen Hong Dien has signed a decision on the establishment of a Domestic Advisory Group (DAG) under Article 13.15 of Chapter 13 on Trade and Sustainable Development, the EU-Vietnam Free Trade Agreement.

Australia delays conclusion on anti-dumping probe into Vietnam’s painted steel strapping

The Anti-Dumping Commission of Australia (ADC) has announced the fifth extension of time granted to issue the final report on an investigation into the alleged dumping and subsidisation of painted steel strapping from China and Vietnam.

Vietnam poised to become world’s leading seafood processing centre

The growth of processed seafood output in Vietnam will reach over 6 percent a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.

Vietnam’s wood product export to France, Europe has good prospect

The export of Vietnam’s wood industry to France and Europe at large have ample room for growth, according to the Agency of Foreign Trade at the Ministry of Industry and Trade.

Canada gives final conclusion on anti-dumping duty to upholstered seating from China and Việt Nam

The Canada Border Service Agency (CBSA) has made a final determination in its investigation into the dumping and subsidising of certain upholstered seating from China and Việt Nam, according to the Ministry of Industry and Trade’s Trade Remedies Authority of Việt Nam (TRAV).

Việt Nam looks to become AI hub in ASEAN by 2030

The Vietnamese Government has issued a national strategy on the research, development and application of artificial intelligence (AI) till 2030 with a view to gradually turning Việt Nam into an innovation and AI hub in ASEAN and the world.

Report on impact of IUU yellow card on Vietnam’s seafood industry released

The Vietnam Association of Seafood Exporters and Producers (VASEP) and the World Bank (WB) in Vietnam on August 10 released “A Trade-Based Analysis of the Economic Impact of Non-Compliance with Illegal, Unreported and Unregulated Fishing: The Case of Vietnam”.

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