Import/Export

The HCMC Investment and Trade Promotion Center (ITPC) is launching many programs this year to help Vietnamese exporters tap new markets and overcome challenges, the director of the center said on January 28. Tu Minh Thien told the Daily on the sidelines of a conference of the HCMC Union of …

Da Nang (VNA) The Da Nang Port JSC started the second phase of a project to expand Tien Sa Port on July 31, to make it a modern container port in the central region. When it is completed at an estimated cost of nearly 1.1 trillion VND (49.3 million USD) by …

The HCMC Investment and Trade Promotion Center (ITPC) is launching many programs this year to help Vietnamese exporters tap new markets and overcome challenges, the director of the center said on January 28. Tu Minh Thien told the Daily on the sidelines of a conference of the HCMC Union of …

The Ho Chi Minh City’s exports in January increased by 8.8 percent to US$1,349 million compared to a year earlier. Of the total export value, the State-owned sector accounted for 53.1 percent (up 7.2 percent), the private sector, 20.6 percent (up 13.1 percent) and the foreign invested sector, 26.2 percent …

Policymakers, experts and businesses gathered in HCM City on November 14 to discuss ways to develop a complete system for trading and exporting rice, which is one of Vietnam’s strategic commodities. Deputy Minister of Industry and Trade Nguyen Thanh Bien, said the current mechanism has provided great support to businesses …

The General Statistics Office (GSO) of Vietnam reported that export turnover in November 2009 totaled USD4.8 billion, raising the figure for the first 11 months of 2009 to USD51.4, an 11.4% year on year decrease. Import turnover for the same period was USD6.55 billion; USD61.603 billion, a 17.9% decrease. The …

The Ministry of Finance (MoF) has issued Vietnam’s special preferential tariffs under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) in the 2010-2012 period. Under the special preferential tariffs (issued together with Decree No 217), commodities from Australia, New Zealand, Brunei, Myanmar, and Singapore are allowed to ship directly to Vietnam …

Prime Minister Nguyen Tan Dung on December 3 asked the Ministry of Industry and Trade to coordinate with authorities to restrict the import of nonessential goods and boost exports. Imports for the first 11 months of the year were estimated at US$10.4 billion, equivalent to 20.3 percent of the country’s …

Information on Vietnam’s market and 20,000 exporters is available for foreign traders via a new website, the Vietnam Export Portal (VNEX), officially launched Wednesday. The new English language site at: www.vnex.com.vn was built by the E-commerce and Information Technology Agency under the Ministry of Industry and Trade. It is grouped …

Vietnamese Prime Minister has urged ministries and agencies to constrain the country’s trade deficit below 20% of its total export value this year. The cabinet leader also requested the abovementioned agencies to take measures to boost exports, aiming to raise the country’s export value by 6% on-year to US$60 billion …