Over one year after coming into effect the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has posed both challenges and served to create a wealth of opportunities for domestic businesses, according to insiders.
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The Ministry of Industry and Trade has urged the Việt Nam Chamber of Commerce and Industry to speed up the registration of REX codes for producers to facilitate exports to the European Union (EU).
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Deputy Foreign Minister Nguyễn Quốc Dũng said there is a possibility ASEAN events and highly anticipated summits could be held online, due to the COVID-19 pandemic.
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About 16,000 businesses are not included in the Ministry of Finance’s support package on tax and land rent. Phạm Đình Thi, director of the Tax Policy Department under the Ministry of Finance, said about 98 per cent of businesses would benefit from the package with a total tax and land rent being extended to VNĐ180 trillion (US$7.66 million).
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The Việt Nam Association of Seafood Exporters and Producers (VASEP) on Tuesday asked the Ministry of Finance to offer support to its members amid the coronavirus outbreak.
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The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. Minister of Industry and Trade Tran Tuan Anh on April 6 sent an urgent official dispatch to Prime Minister Nguyen Xuan Phuc after collecting opinions from relevant ministries and agencies relating to rice export management.
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German enterprises were optimitic about the medium-term recovery of the Vietnamese economy, according to the AHK World Business Outlook 2020 released by the Association of German Chambers of Commerce and Industry (DIHK) on Tuesday.
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Country Director of the International Labour Organisation (ILO) Việt Nam Chang-Hee Lee has said that ILO Việt Nam stands ready to help the Vietnamese Government, employers and employees to find suitable jobs as the coronavirus takes its toll on the health and labour markets and the economy.
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The Government has recently issued Decree No 39/2020/NĐ-CP on a list of Việt Nam’s special preferential import tariffs to implement the Việt Nam – Cuba Free Trade Agreement from now until 2023.
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More measures and policies should be introduced to support enterprises, especially small and medium-sized enterprises (SMEs), in the context of a growing number of businesses temporarily ceasing operations due to the COVID-19 pandemic
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