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.
Việt Nam posted a trade surplus of US$1.8 billion in the first seven months of the year, much lower than $2.6 billion trade surplus seen in the same period last year, the latest report from the General Statistics Office (GSO) revealed.
The Ministry of Industry and Trade in coordination with the Quang Tri provincial People's Committee organised a conference on July 26 to review the three-year implementation of the Vietnam - Laos Border Trade Agreement signed between the two Governments.
Vietnamese Ambassador to Russia Ngo Duc Manh on July 26 had a working session with First Governor of Russia’s Far Eastern region of Primorye Vera Shcherbina, discussing measures to promote collaboration in economy-trade between the Russian locality and Vietnamese businesses.
Vietnam stands ready to join regional and international efforts in building mechanisms and regulations in order to promote cooperation in tackling marine litter, Foreign Ministry’s spokeswoman Le Thi Thu Hang affirmed on July 25.
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