Vietnam and the US have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports, according to the Vietnamese Ministry of Agriculture and Rural Development (MARD).
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Vietnam could achieve trade balance, or even a trade surplus this year, deputy head of the Ministry of Industry and Trade’s Agency of Foreign Trade Tran Thanh Hai told a regular press conference of the ministry in Hanoi on September 30.
Read more...The Logistics Association of Ho Chi Minh City has been officially established with its first congress, for the 2021 - 2026 tenure, taking place on September 30.
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The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).
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Despite being a powerhouse in exporting agricultural products, Thailand also has huge demand for imported fresh fruit and vegetables. There is an opportunity for Vietnamese agricultural exporters to explore this market worth billions of US dollars.
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In the context of the whole country struggling against the COVID-19 pandemic, the Government has always paid special attention to investors, creating a healthy, fair and transparent business and investment environment.
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Deputy Foreign Minister Nguyen Quoc Dung, head of the ASEAN SOM Vietnam, attended an ASEAN Senior Officials’ Meeting (ASEAN SOM), which took place virtually on September 30, to review preparations for the upcoming 38th and 39th ASEAN Summits and Related Summits.
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Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7% from 2022 onward, the World Bank has forecast.
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The Government has issued Decree No.85/2021/ND-CP amending and supplementing several articles of Decree No.52/2013/ND-CP on e-commerce involving foreign traders.
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The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community, according to the Vietnamese Trade Office in the US.
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