Vietnamese businesses have been warned of being taken over by foreign conglomerates.

To obtain the right to provide radiation of fruits to be exported to the US, Toan Phat Company not only had to ask for permission from Aphis but also get consent from Son Son, the only service provider at this time.vvv

Experts believe that unprofitable projects invested by enterprises under the Ministry of Industry and Trade’s (MOIT) management should be sold even at a loss.

VietNamNet Bridge - The government of Vietnam is facilitating the Russian manufacturing of transport vehicles with engines made in Vietnam. 

VietNamNet Bridge - Many foreign enterprises in China have visited Vietnam to learn about the investment opportunities here, but most have not made decisions to relocate. 

VietNamNet Bridge - To be able to take full advantage of the opportunities in the digital economy, Vietnam needs a reasonable long-term development strategy for the electronics & IC industry.

 VietNamNet Bridge – The Ministry of Industry and Trade (MoIT) has requested a recall and told consumers not to use imported cheese under the brand Hardy Affineur from France.

VietNamNet Bridge - Reports all show that environmental quality has been declining, especially in industrial zone areas. 

The Ministry of Industry and Trade has asked to strengthen inspection and supervision over the granting of Vietnamese certificates of origin to electric bike exports to Europe.

VietNamNet Bridge - If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach.

VietNamNet Bridge - PM Nguyen Xuan Phuc, at a conference held in late December, said the localization ratio in the textile and garments, and footwear industries, has risen to 40-45 percent.

Vietnam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.

The Ministry of Industry and Trade (MOIT) has said that the presence of Amazon in Vietnam will give opportunities to Vietnam’s businesses to reach the world market, but businesspeople are not so optimistic. 

The Ministry of Industry and Trade (MOIT) and retailers have been working together in programs to connect producers and distributors, resulting in more sales of Vietnamese-made products and local specialty food items at supermarket chains.

Vietnamese exporters have been warned of difficulties in 2019 because of changes in China’s cross-border trade policies.

The 12 unprofitable projects under the management of the Ministry of Industry and Trade (MOIT) need a bailout but it is still unclear where the money will come from.

While the Ministry of Industry and Trade (MOIT) supports waste-to-electricity project with huge investment capital of VND2 trillion, the Ministry of Finance (MOF) views it as problematic.

VietNamNet Bridge - Steel, fiber, household-use products and electronics in Vietnam are vulnerable to anti-dumping and anti-countervailing duties imposed by other countries. 

The textile & garment export turnover in the first 10 months of the year reached $25.15 billion, an increase of 17.1 percent compared with the same period last year, partly due to the trade war between the US and China.

VietNamNet Bridge - Vietnam’s automobile industry needs support from government to reduce production costs and become a player in the regional automobile market, experts say.