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Vietnam’s trade deficit is estimated to have surged to US$3.51 billion in the first quarter of 2010, compared to the revised trade surplus of US$1.499 billion last Q1, the General Statistics Office said on March 26. The figure accounts for 25.05% of the country’s total export value and is US$910 …

The national project to produce and issue Vietnamese electronic passports will be implemented from 2011 by the Ministry of Public Security. The Office of the Government has issued a document delivering the Prime Minister’s conclusion on the project. Earlier, on February 24, the Government convened to hear about the important …

Vietnam revealed an export growth rate of 28.1 percent in January compared to a year ago due to the recovery of the global economy causing high export price, according to the Ministry of Industry and Trade. Among the export staples, machineries and equipment generated the highest growth, bringing in 210 …

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 …