trade

Enterprises have the right to pre-determine HS codes

09:55 | 06/04/2023 Regulations

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.

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

10:24 | 05/04/2023 Import-Export

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.

Import and export turnover in major markets plunges

13:45 | 31/03/2023 Import-Export

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.

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

13:43 | 31/03/2023 Finance

VCN - Cuba is a potential market that has diversified import and export needs and does not require strict technical standards. However, the two-way trade turnover between the countries sees a low rate. Therefore, there is still a lot of space for developm

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

14:29 | 28/03/2023 Customs Statistics

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

14:28 | 28/03/2023 Customs Statistics

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

14:28 | 28/03/2023 Customs Statistics

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.

Binh Dinh introduces economic, trade potential to Belgian businesses

20:44 | 25/03/2023 Import-Export

The central coastal province of Binh Dinh introduced its economic and investment potential to Belgian businesses at a hybrid conference in Brussels on March 24.

Goods imported from export processing enterprises must pay tax

09:03 | 24/03/2023 Regulations

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.

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

09:02 | 24/03/2023 Import-Export

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

Striving to 2030 to have more than ten "billion dollars" export product groups

10:23 | 23/03/2023 Import-Export

VCN - The Project's overall objective is to restructure the industry and trade sector to promote economic restructuring and improve productivity, quality, added value and competitiveness of the industry.

Stabilizing exchange rate, reducing worries for import-export enterprises

15:39 | 21/03/2023 Import-Export

VCN - Many banks have launched preferential credit packages for enterprises. In particular, many enterprises that need capital to pay for imports and exports are entitled to a preferential interest rate of only 7.5% per year.

Vietnam’s trade with top 11 Asian markets is set to grow significantly

14:40 | 19/03/2023 Import-Export

Vietnam’s trade with 11 other major Asian markets could rise significantly in value by 2030, according to an industry study released by UPS.

Trade recovers strongly since reopening

15:35 | 17/03/2023 Import-Export

A year since Vietnam reopened after a global pandemic, the country has seen trade recovering strongly.

Domestic trade to grow at 8-9% a year: MoIT

15:32 | 14/03/2023 Headlines

Measures have been taken to boost domestic trade to maintain an 8-9% growth rate per year, according to the Ministry of Industry and Trade (MoIT).