Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Exploiting potential markets to increase coffee export space

Exploiting potential markets to increase coffee export space

VCN - In February 2023, the average export price of Vietnam's coffee reached USD 2,174/ton, down 0.2% compared to January 2023 and down 5.7% compared to February 2022.
Import tax exemption to benefit domestic ITC industry

Import tax exemption to benefit domestic ITC industry

The information and communication technology sector has grown by 6-9% each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).
Import and export turnover in major markets plunges

Import and export turnover in major markets plunges

VCN - Imported cars are the commodity group that still saw a breakthrough. In the first half of the year, the whole country imported 7,285 cars with a total turnover of US$ 161.43 million.
Consignments of over 600 tons of used oil are allowed for import or not?

Consignments of over 600 tons of used oil are allowed for import or not?

VCN - Zone 1st Sai Gon Seaport Customs Branch (HCM City Customs Department) processed customs procedures for consigning over 600 tons of oil declared as "100% new oil" imported by four companies from many countries.
Fruit and vegetable exports surged by 53.1% in February

Fruit and vegetable exports surged by 53.1% in February

VCN - Fruit and vegetable exports in the first two months of the year rose by 12.4% year-on-year to about US$565.95 million.
Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first 2 months of 2023

Highlights 1. According to trade statistics of Vietnam Customs, in February 2023, a 5.9% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of the last month. Exports went up US dollars 10.3%, to US dollars 26.05 billion and imports increased 1.3%, to US dollars 23.25 billion in terms of month-on-month basis. As a result, there was a US dollars 2.8 billion surplus in Vietnam’s trade balance in this month.
Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the second half of February, 2023

The Vietnam Customs Statistics announced that in the second half of February, 2023 the total Vietnam’s exports of US dollars 12.47 billion and imports of nearly US dollars 10.69 billion resulted in a trade surplus of US dollars 1.78 billion. Accordingly, the total value of export and import turnover of Vietnam in the second half of February was over US dollars 23.16 billion, down by 10.3% as compared to the first half of February-2023. Furthermore, in the first 2 months of 2023, Vietnam was in trade surplus of USD 3.44 billion.
Preliminary assessment of Vietnam international merchandise trade performance in the first half of February, 2023

Preliminary assessment of Vietnam international merchandise trade performance in the first half of February, 2023

The Vietnam Customs Statistics announced that in the first half of February-2023, Vietnam’s total exports of US dollars 13.44 billion and imports of US dollars 12.38 billion resulted in a trade surplus of nearly US dollars 1.07 billion. Accordingly, the total value of export and import turnover of Vietnam in the first half of February was US dollars 25.82 billion, went up by 42.8% (equal to USD 7.74 billion) as compared to the second half of January-2023.
Export of wood chips will decline

Export of wood chips will decline

VCN - In 2023, the wood industry sets a target of 7-9% growth, exporting US $ 18 billion.
Still having problems when exporting to China

Still having problems when exporting to China

VCN - Additionally, some businesses have not registered on the CIFER, especially the renewal registration. Within 3-6 months before the expiration of the registration period, they must submit an application for registration renewal on the CIFER.
Goods imported from export processing enterprises must pay tax

Goods imported from export processing enterprises must pay tax

VCN - According to the Law on Import and Export Duties provisions, if a domestic enterprise imports products of export processing enterprises, they must pay tax.
Dong Hung Border Gate designated border gate for food import into China

Dong Hung Border Gate designated border gate for food import into China

VCN - The Asia-Africa Market Department (Ministry of Industry and Trade) said that China Customs has just announced a list of sites eligible for food import in accordance with this country’s regulations.
Vietnam’s trade in goods reaches about US$ 123billion

Vietnam’s trade in goods reaches about US$ 123billion

VCN - In the first half of March, total import and export turnover fell by 11% year-on-year to US$ 27.15 billion.
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