It is now an important time for Việt Nam and the US state of West Virginia to cooperate in a joint effort on economic resumption and fighting the COVID-19 pandemic, Minister of Industry and Trade Trần Tuấn Anh has said.
Enterprises in certain sectors have mapped out plans to increase their presence in the domestic market as most foreign ones have become frozen due to the COVID 19 pandemic.
The World Bank (WB) has issued an update on Vietnam’s macro-economy for May, in which it said the economy may prosper again after social distancing measures were eased nationwide on April 23.
The Ministry of Industry and Trade (MoIT) and Việt Nam Chamber of Commerce and Industry (VCCI) on Thursday signed a co-operation agreement to support businesses after the COVID-19 pandemic.
The first four months of the year saw both the export and import turnover of foreign-invested economic sectors through ports in Ho Chi Minh City enjoy high levels of growth as the state economic and non-state economic sectors endured severe drops due to the impact of the recent global economic downturn.
Minister of Industry and Trade Tran Tuan Anh, in his capacity as Chairman of ASEAN Economic Ministers, held a phone call with ASEAN Secretary General Lim Jock Hoi on May 6 to discuss plans on the pathway to economic recovery as well as the state of regional supply chains following the novel coronavirus (COVID-19) pandemic.
The Ministry of Finance (MoF) and the Ministry of Industry and Trade (MoIT) have failed to find common ground with regards to tax policies for Việt Nam’s support industry enterprises.
According to the Ministry of Agriculture and Rural Development, in the first four months of 2020, the total import-export turnover of agricultural, forestry and fishery products is estimated at nearly US$21.1 billion.
Việt Nam needs policies to promote the sustainable development of businesses after the COVID-19 pandemic ends, according to the Việt Nam Chamber of Commerce and Industry (VCCI).
Regarding submitting C/O for implementing cargo clearance, enterprises could submit the scanned files of C/O (in PDF format) when implementing customs procedures.
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