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.
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
The Minister of Industry and Trade recently signed theissuance of Circular No. 06/2020 / TT-BCT amending and supplementing articles of Circular No. 03/2019 / TT-BCT regulating rules of goods origin in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The National Assembly Standing Committee (NASC) has asked relevant agencies to complete the dossier on the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) for submission to the NASC at its 44th session, scheduled for mid-April this year.
Việt Nam’s economic growth rate is expected to slow sharply to 4.8 per cent this year due to the impact of the COVID-19 pandemic, said a new Asian Development Bank (ADB) report released on Thursday.
The European Council on March 30 passed a decision to ratify the EU-Vietnam Free Trade Agreement (EVFTA), paving the way for the deal to come into force.
Việt Nam recorded a trade surplus of US$2.8 billion in the first quarter of this year, higher than $1.5 billion seen in the same period last year despite the COVID-19 pandemic sweeping its major export markets.
The growth rate of foreign direct investment (FDI) enterprises accounts for a large proportion of Vietnam’s total import-export turnover, but it is showing signs of decreasing in the first months of the year.
Vietnam has taken full advantage of the CPTPP to gain strong growth in exports to Canada and Mexico, according to the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade (MoIT) told local business to be more cautious in trading with US partners as some Vietnamese firms reported being cheated in the US.
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