Keyword: Ministry of Industry and Trade

Vietnam’s tea exports to Australia surge

Vietnam shipped six tonnes of tea worth 74,000 USD to Australia in the first half of 2021, showing year-on-year surges of 62.1 percent in volume and 85 percent in value, according to the Agency of Foreign Trade at the Ministry of Industry and Trade.

Electronics exports forecast to be robust this year

The electronics industry is forecast to have a robust year, driven by the increase in demand for communications’ products due to demand caused by social distancing measures implemented to tackled rising cases of COVID-19, according to the Ministry of Industry and Trade.

Vietnam’s exports up 25.5 pct in seven months

Vietnam’s export earning hit 27 billion USD in July, down 0.8 percent month-on-month and up 8.4 percent year-on-year, reported the General Statistics Office (GSO) on July 29.

Argentina hopes for strategic partnership with Vietnam: ambassador

The new Argentinian Ambassador to Vietnam, Luis Pablo Maria Beltramino, has affirmed his country’s willingness to upgrade its relations with Vietnam to a strategic partnership, especially when the two sides are preparing to mark the 50th founding anniversary of their diplomatic...

Vietnam, RoK seek to promote trade, industry partnership

Minister of Industry and Trade Nguyen Hong Dien held a working session with Ambassador of the Republic of Korea (RoK) to Vietnam Park Noh-wan in Hanoi on June 2 to discuss measures to further facilitate cooperation between the two countries in trade, industry, and energy.

US firm proposes two LNG projects in Van Phong EZ

Authorities of the south central coastal province of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than 27 billion USD proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).

Nearly 5 billion USD of exports to EU benefit from EVFTA

Almost 5 billion USD worth of Vietnamese goods exported to the EU has benefited from preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).

Key export sectors the target of M&As by foreign investors

Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.

High logistics costs hindering exports

Despite being known for its low labour costs, higher logistics costs have continually reduced the competitiveness of Vietnam’s exports compared to elsewhere in the region.

Q1 exports rise as Vietnam takes advantage of FTAs: Official

Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22 percent year-on-year and imports by 26 percent in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of...