A workshop was held in Hanoi on April 24 to seek ways to bolster exports by Vietnamese businesses to the Republic of Korea (RoK). It was organised by the Vietnam Chamber of Commerce and Industry (VCCI), with the participation of about 80 domestic firms in numerous sectors.
New rules and conditions will make it much more difficult to import old machinery and equipment into Vietnam. From June 15, the import of used machinery and equipment will only be permitted if the importer plans to use it directly for production in Vietnam.
Senior officials of the 16-member RCEP group, who are negotiating a mega free trade agreement, will hold meetings in Bangkok from May 24 to iron out issues pertaining to the goods and services sector, an official said.
There are many administrative procedures that are necessary to connect the National Single Window (NSW) in the Ministry of Agriculture and Rural Development(MARD).The deployed area is wide, there are many difficulties and complications.
The province has around 1,215 wood processing businesses, with 905 of them domestic firms with VNĐ10.8 trillion (US$469.6 million) of registered funds, and 310 foreign companies with a total of US$2.3 billion, according to Bình Dương’s Department of Industry and Trade.
Domestic cashew processing enterprises have been facing difficulties due to a new regulation that requires additional checks on raw materials imported from African ports.
Vietnam has invested in 190 investment projects in Cambodia with the total registered investment capital of nearly US$ 2.9 billion, focusing on agriculture and forestry whereas the partner offered 19 investment projects with the total capital of US$ 65 million in Vietnamese market.
The Ministry of Industry and Trade has launched an anti-dumping investigation into medium density fibreboard products imported from Thailand and Malaysia.
Jointly organised by the Vietnam Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade, the Korea Federation of Small- and Medium-sized Enterprises (KBIZ), and the Taejon Broadcasting Corporation (TJB), the event opened up opportunities for the two countries’ enterprises to seek and set up partnerships, as well as support Vietnamese localities in calling for more investment from the RoK.
The European Union (EU) was the largest market of Vietnamese shrimp in the first two months of 2019, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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