Ministry of Industry and Trade

Latest News about Ministry of Industry and Trade

WB: EVFTA could lift Vietnam’s exports by 12 percent by 2030icon
BUSINESS26/05/20200

WB: EVFTA could lift Vietnam’s exports by 12 percent by 2030

The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.

 
Transferring solar projects to foreign investors 'normal': MoITicon

Transferring solar projects to foreign investors 'normal': MoIT

BUSINESS
20/05/2020

The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.

Ministry to strictly manage rice exports via international border gatesicon

Ministry to strictly manage rice exports via international border gates

BUSINESS
17/05/2020

The Ministry of Industry and Trade (MoIT) will continue to strictly manage rice exports through international border gates, said an official.

Trade defence instruments important to Vietnam’s open economyicon

Trade defence instruments important to Vietnam’s open economy

BUSINESS
14/05/2020

Strengthening the application of trade defence instruments would be necessary for Vietnam, which was among countries with the highest economic openness level, according to the Ministry of Industry and Trade.

Vietnam ranks fourth in ASEAN in access-to-electricity indexicon

Vietnam ranks fourth in ASEAN in access-to-electricity index

BUSINESS
07/05/2020

Vietnam takes the fourth position in the access-to-electricity index in 2019 in the Association of Southeast Asian Nations (ASEAN), with 82.2 points, according to the World Bank’s Doing Business report. ​

Anti-dumping investigation underway into imported polyester yarnicon

Anti-dumping investigation underway into imported polyester yarn

BUSINESS
23/04/2020

The Trade Remedies Authority of Vietnam has sent questionnaires to all relevant foreign producers and exporters to serve the anti-dumping investigation into polyester filament yarn (PFY) imported from China, India, Indonesia and Malaysia.

MoIT issues regulations on auction of import tariff quotas on used autosicon

MoIT issues regulations on auction of import tariff quotas on used autos

BUSINESS
21/04/2020

The Ministry of Industry and Trade (MoIT) on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.

Inspection team set up to check rice volume stuck at portsicon

Inspection team set up to check rice volume stuck at ports

BUSINESS
20/04/2020

An interdisciplinary inspection team led by the Ministry of Industry and Trade has been established to work with agencies to determine how much rice is stuck at ports so that the ministry can come up with an appropriate rice export plan.

Pork price must be stabilised: Trade Ministryicon

Pork price must be stabilised: Trade Ministry

BUSINESS
17/04/2020

The Ministry of Industry and Trade (MoIT) has said pork must be eligible for price stabilisation due to the high demand for this essential good on the domestic market.

Vietnam-Cuba trade agreement officially takes effecticon

Vietnam-Cuba trade agreement officially takes effect

BUSINESS
17/04/2020

A new trade agreement between Vietnam and Cuba officially came into force earlier this month, and is expected to help bring bilateral economic, trade and investment ties on par with their sound political relationship.

Twelve products may face trade origin fraud investigation: Authorityicon

Twelve products may face trade origin fraud investigation: Authority

BUSINESS
16/04/2020

The Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade has revealed a list of 12 products which are likely to face trade origin fraud or illegal transshipment investigations.

Ministry approves 10 per cent to power bills cuticon

Ministry approves 10 per cent to power bills cut

BUSINESS
14/04/2020

The Ministry of Industry and Trade (MoIT) has decided to cut power bills for businesses and households by 10 per cent over the next three months to ease their difficulties amid the COVID-19 pandemic.

Ministry launches investigation into anti-dumping duties on polyester yarnicon

Ministry launches investigation into anti-dumping duties on polyester yarn

BUSINESS
12/04/2020

The Ministry of Industry and Trade has issued a decision on investigating anti-dumping duties on polyester filament yarn (PFY) with HS codes: 5402.33.00, 5402.46.00 and 5402.47.00 originating from China, India, Indonesia and Malaysia.

PM approves rice export resumption, orders guaranteed food securityicon

PM approves rice export resumption, orders guaranteed food security

BUSINESS
12/04/2020

Prime Minister Nguyen Xuan Phuc has approved the resumption of rice export provided that food security must be guaranteed amidst the COVID-19 pandemic, drought and saltwater intrusion.

Trade Ministry urges VCCI to speed up registration of REX Codeicon

Trade Ministry urges VCCI to speed up registration of REX Code

BUSINESS
10/04/2020

The Ministry of Industry and Trade (MoIT) has urged the Vietnam Chamber of Commerce and Industry (VCCI) to speed up the registration of REX codes for producers to facilitate exports to the European Union (EU).

Finance Ministry proposes suspending low-grade rice exports until June 15icon

Finance Ministry proposes suspending low-grade rice exports until June 15

BUSINESS
10/04/2020

The Ministry of Finance (MoF) has suggested suspending exports of low-grade rice until June 15 to ensure purchase for the national reserves.

VN Trade Ministry proposes resuming rice exportsicon

VN Trade Ministry proposes resuming rice exports

BUSINESS
08/04/2020

The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes for April and May.

Northern provinces asked to cooperate with China to manage border tradeicon

Northern provinces asked to cooperate with China to manage border trade

BUSINESS
07/04/2020

 The Ministry of Industry and Trade has requested northern provinces to promote cooperation with their Chinese partners to implement disease control processes and allow goods through the border.