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Update news MoIT
VietNamNet Bridge - Though the door to the ASEAN market has opened wide with the formation of the ASEAN Economic Community (AEC), Vietnamese goods still cannot approach it.
VietNamNet Bridge - While foreign enterprises flock to Vietnam as they see it as an attractive market, Vietnamese manufacturers are focusing on selling their products abroad.
By the end of June 2018, the total loans provided to 12 unprofitable enterprises under the management of the Ministry of Industry and Trade (MOIT) had reached VND20.934 trillion.
VietNamNet Bridge - China has been expanding the growing area of many kinds of farm produce and has gradually reduced imports from Vietnam.
VietNamNet Bridge - More than one electricity generator and wholesaler exists in Vietnam, but the country still does not have a competitive electricity market.
VietNamNet Bridge - The US-China trade war could adversely affect Vietnam’s rubber industry as 65 percent of domestic rubber output is exported to China.
Foreign investors have poured more money into yarn, garment and accessories projects, while Vietnam needs more projects on textile, dyeing and trimming projects to form closed textile & garment value chains.
VietNamNet Bridge - At least half of the current trade remedy, anti-countervailing and anti-dumping investigations are on products in the steel manufacturing sector.
VietNamNet Bridge - The news that Vietnamese exporters are enhancing rice sales to China has raised big concerns.
For many years, the Vietnamese retail market has been the playing field of state-owned and foreign invested enterprises. However, it is now witnessing a strong rise of private investors.
VietNamNet Bridge - Vietnamese manufacturers have been quietly preparing their companies to adapt to the 4.0 industrial revolution.
The ATIGA (ASEAN Trade in Goods Agreement) implementation will be delayed by two years, which means Vietnam will not remove the sugar quota scheme and tariffs until 2020.
The major battle among e-commerce firms is quietly occurring in their warehouses.
VietNamNet Bridge - A new investment wave is expected to hit Vietnam’s textile & garment industry in the time to come, triggered by the Vietnam-South Korea FTA.
VietNamNet Bridge - Vietnam’s cashew industry has fallen into crisis as the cashew nut export price has been falling.
The Electricity of Vietnam’s (EVN) plan to sell electricity to manufacturing enterprises at the lowest price level will only bring benefits to foreign invested enterprises (FIEs) and eat into people’s pockets, analysts say.
High transportation, packaging and radiation fees all are pushing up prices of fruit, weakening the competitiveness of Vietnam’s fruit in the world market.
The draft decree on managing the distribution industry stipulates that supermarkets and shopping malls must reserve at least 30 percent of stalls for products from Vietnam’s small and medium enterprises.
VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) is drafting a government decree on the development and management of the distribution sector.
While National Assembly’s deputies believe that allocating land for up to 99 years in special economic zones SEZs is not a good policy, the Ministry of Planning and Investment (MPI) still persists in its opinion.