ASEAN Secretary General Lim Jock Hoi has welcomed Vietnam to hold the Chair of ASEAN in 2020, noting that the country has made big steps forward and become one of the key economies in the grouping.
Vietnam is considering importing coal from the United States to meet rising demand for the fuel for power generation, state media reported on Tuesday, as the Southeast Asian country plans to build more coal-fired power plants.
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
Da Nang City People's Committee coordinated with the Indonesian Embassy in Hanoi to organise a business forum named “Promotion of Indonesia Trade, Tourism and Investment in Vietnam”, on August 5, in Da Nang city.
A flag hoisting ceremony was held at the office of the Lao Foreign Ministry in Vientiane capital on August 6 to mark the 52nd founding anniversary of the Association of Southeast Asian Nations (ASEAN).
‘Made in Việt Nam’ products are required to have a localisation rate of 30 per cent and be partly produced in Việt Nam. This is one of the criteria set by the Ministry of Industry and Trade (MoIT) in a draft circular providing criteria for products eligible to be classified as made in Việt Nam.
The US was the largest importer of Vietnam in the first seven months of 2019 with a turnover of US$32.5 billion, a year-on-year surge of 25.4 percent, according to the Ministry of Industry and Trade.
According to the Ministry of Industry and Trade, the top five key export products, consisting of aquatic products, vegetables and fruits, wood products, footwear and textiles, will have opportunities to post strong growth thanks to the EU-Vietnam Free Trade Agreement as the EU has pledged to reduce import tariffs for these five export products of Vietnam.
Top foreign ministry officials of both countries agreed on the need to maintain peace, stability, safety and freedom of navigation in the East Sea, known internationally as the South China Sea, and reaffirmed their wish to maintain oil and gas development cooperation in Vietnamese waters.
Vietnam must take steps to reduce its trade deficit with the United States and open its market to more U.S. goods and services, U.S. Trade Representative Robert Lighthizer said in comments released today.
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