The price of RON 92 declined by VND862 per litre to VND16,504 (US$0.72) from 3:00pm on June 20 as decided by the Ministry of Industry and Trade and the Ministry of Finance.
The Ministry of Industry and Trade expected that pepper would remain a key export product for Vietnam this year, bringing home an export turnover of US$1.6 billion.
PM Nguyen Xuan Phuc asked the Ministry of Agriculture and Rural Development (MARD) to set the target of raising the shrimp export value to US$10 billion by 2025.
Viet Nam National Administration of Tourism (VNAT) will participate in PATA Travel Mart 2016 from 7-9 September 2016 in Jarkata, Indonesia.
As of late June, total trade turnover valued US$162.57 billion, up 2.4% or US$3.76 billion against the same period last year, according to the Viet Nam Customs Department.
Deputy PM Trinh Dinh Dung mentioned a string of measures to raise the two-way trade volume between Viet Nam and Japan by 2020.
Vietnam exported about US$1.54 billion worth of goods to Mexico in 2015, surging 49.16% against the previous year, according to the Trade Office at the Vietnamese Embassy in Mexico.
Australian trade officials have been encouraging food exporters to accelerate trade promotion in Vietnam to take full advantages of the growing market.
Viet Nam saw a trade deficit of US$200 million in January 2016, equivalent to 1.4% of its total export value, according to the statistics of the General Statistics Office.
Thursday, January 07, 2016 Sandler, Travis & Rosenberg Trade Report Three more major U.S. business groups came out in support of the Trans-Pacific Partnership this week after several months of close scrutiny. The groups said they hope Congress will pass the TPP by the end of 2016 but acknowledged that key changes will have to be made for that to happen.
Export turnover of agricultural products was estimated at US$2.33 billion, down 3.1% against the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
The Mekong Delta’s fruit export revenue will surge in the next few years, said Nguyen Phuong Lam, Deputy Head of the Viet Nam Chamber of Commerce and Trade (VCCI)’s chapter in Can Tho.
Viet Nam has signed nearly 10 free trade agreements (FTAs) bilaterally and multilaterally at different levels, notably a pact to become a member of the ASEAN Economic Community (AEC) from December 31, 2015 and the ASEAN Trade in Goods Agreement (ATIGA) to remove tariffs among the member countries by 2018.
A brighter outlook is forecast for the Vietnamese economy this year and the following years amid difficulties and challenges, according to economic expert Nguyen Quynh Nga.
The country’s garment and textile sector would likely to grow an average of 11.5% annually between now and 2020, the Vietnam Textile and Apparel Association (Vitas) has forecast.
In December 16th 2015, the Deputy Minister of Ministry of Industry and Trade of Viet Nam (MOIT), Mr. Tran Quoc Khanh, had a meeting with the Ambassador of Extraordinary and Plenipotentiary of Switzerland in Viet Nam, Mrs. Meatrice Maser Mallor on the occasion of her new assignee as a Ambassador of Switzerland in Viet Nam (since October 2015)
The Vietnamese Party, State and National Assembly will do their utmost to promote the cooperative relations with Japan in the future, meeting each side’s demands and prosperity.
Free Trade Agreement between South Korea and Vietnam was duly signed in May, 2015. In order to enhance mutual trade cooperation, Vietnam Trade Promotion Agency (Ministry of Industry and Trade) in collaboration with Korean Trade and Investment organization (KOTRA) to organize the event “Exhibition and Business Match-Meeting between Vietnam and Korea” at Lotte Hotel, Hanoi from December 2nd - 3rd, 2015.
Vietnam's exports will grow by over 10 percent between 2021 and 2030, little changed from the previous five years, according to a recent trade forecast by HSBC.
The Ministry of Foreign Affairs cooperated with the Japanese Embassy in Viet Nam to organize a seminar on December 11 to share information, exchange experience and cooperation in economics, trade and investment.
