Tra fish exports enjoy robust growth to UK, Singapore

Despite Vietnam’s Tra fish (pangasius) exports to major export markets suffering negative growth, there has been strong signs of growth to both the UK and Singaporean markets in the first half of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Read more »

Ho Chi Minh City Customs encourages enterprises to consult price once

VCN - As one of the first unitspiloting a one-time consultation,using the results ofconsultations for many times,the HCMCity Customs Department is implementing many measures to encourage enterprises to participate. Read more »

Proposing to loosen criteria of VND16,000 billion credit package to pay workers salary

VCN - Asno enterprise has been able to borrow a package of VND16,000 billion with an interest rate of 0% to settle severance pay for employees, the Minister of Labor, Invalids and Social Affairs, Dao Ngoc Dung proposed to loosen loan criteria. Read more »

Exports: Expecting to “turn the table” thanks to EVFTA

Suffering from the serious impact of the Covid-19 pandemic, in the first half of this year, export goods of Vietnam recorded a serious decline in all key commodities. This situation would change in the second half if the situation of Covid-19 pandemic was controlled worldwide and the country takes advantage of free trade agreements (FTA) including Vietnam-EU free trade (EVFTA)... Read more »

How does EVFTA impact on State revenue?

  VCN- With the participation in international economic integrations and the EVFTA, opportunities and challenges will be shared equally among all parties. Commitments on import and export tax under the EVFTA will have a two-way impact on State revenue.  Read more »

Customs proposes to put a chemical on the list of precursors for the first time

VCN- Together with fighting against drug-related violations, thisis the first time Vietnam Customs has proposed to put a chemical on the list of precursors and is approved by the competent agency. This is a specific and practical move in preventing and combating drugs by Vietnam Customs. Read more »

Take advantage of EVFTA: Enterprises need to strictly implement issue of origin

VCN - At the seminar "Tax policy and customs procedures when implementing EVFTA" organised by Customs News in coordination with EuroCham, the Director of the Customs Control and Supervision Department (General Department of Vietnam Customs) Au Anh Tuan said that an issue businesses need to be concerned about is researching and fully implementing regulations on the origin of goods. Read more »

How to fulfill mechanism of tariff rate quota in EVFTA?

In the framework of the EU – Vietnam Free Trade Agreement (EVFTA), the European Union (EU) has committed to giving a tariff rate quota (TRQ) for 14 goods items from Vietnam. Read more »

As a “growth lever”, EVFTA opens up huge export opportunities

VCN - Effective from August 1, the Vietnam-EU Free Trade Agreement (EVFTA) is expected to create opportunities to boost Vietnam's exports to the EU and attract FDI from the EU. Read more »

In the first six months Vietnam’s economy escaped from negative growth

VCN - In the context that the global outbreak of Covid-19 seriously affected all socio-economic aspects of countries around the world, Vietnam's economy in the first six months of 2020 was also seriously affected. Despite the low growth, Vietnam's economic growth is still considered a miracle while many countries have negative growth. Read more »

Compulsory transactions through trading floors proposed

VCN - In spite of the key position in the real estate market, real estate brokerage activities still reveal many shortcomings. In order to improve the quality of realtors, it is necessary to strictly regulate the granting of certificates to realtors, deliberate compulsory transactions for some types of real estate, especially real estate formed in the future and in some special... Read more »

Revealing a bright “picture” about banks’ six-month profits

VCN - Although affected by the Covid-19 pandemic, many banks still made profit forecasts of trillions VND with the hope their business results will get brighter at end of this year. Read more »