About us     Sign in newsletter     FAQ     Disclaimer     
You are here: Importers » News » 2020 » May
Up one level
Luxurious car brands forecast to increase market share
  The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic, causing automakers to suspend or reduce production.
Stricter penalties to be imposed on e-commerce violations
  E-commerce platforms have become primary transaction channels of businesses and the community during COVID-19 pandemic. What has the Ministry of Industry and Trade (MoIT) done to create favourable conditions for businesses in e-commerce activities?
Buyer (and seller) beware
  Amid all the gloom, it is worth remembering that the only constant in life is change and while we will awaken from the COVID-19 nightmare to a very changed world, much good could emerge.
Agricultural products gain trade surplus of US$2.8 billion in four months
  According to the latest information from the Ministry of Agriculture and Rural Development, in the first four months of 2020, total import-export turnover of agricultural, forestry and fishery products was estimated at nearly US$21.1 billion. Of which export turnover was $11.9 billion, down 4.9% over the same period last year; import turnover was $9.17 billion, down 5.2%; trade surplus was nearly $2.8 billion, down 4.1%.
Textile and footwear firms: Difficult to access support policies
  Despite meeting many challenges due to no output, textile and footwear firms in Ho Chi Minh City are struggling to find methods to save themselves while facing difficulties in accessing support policies.
Việt Nam’s exports surge in four months despite pandemic
  Viet Nam's export value saw a year-on-year increase of nearly 5 per cent to an estimated US$82.94 billion in the first four months of this year despite the COVID-19 pandemic, according to the General Statistics Office (GSO).
Retail sales increase sharply during holidays
  Retail sales increased in both supermarkets and traditional markets in HCM City during the Reunification Day (April 30) and Labour Day (May 1) holidays, thanks to numerous promotions.
Coffee exports to face difficulties in second quarter
  The Covid-19 pandemic had many impacts on Vietnam’s coffee exports in the first quarter of 2020. In the second quarter, the pandemic is forecast to seriously affect coffee exports when major consuming markets face difficulties alike and global consuming demand strongly decreases.
Seaport enterprises report interest
  Despite the Covid-19 pandemic, in the first four months of the year, the output of Vietnam's seaport system still increased by 4%, estimated at more than 215.3 million tons. Revenue of some seaport enterprises have also recorded remarkable growth.
Vietnam faces increasing tax evasion and avoidance
  Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.
Four-month fisheries exports down 10 percent
  Fisheries exports in the first four months of this year fell 10 percent year-on-year to 2.18 billion USD, according to the Department of Farm Produce Processing and Market Development at the Ministry of Agriculture and Rural Development
Ministry extends period selecting prestigious exporters 2019
  The Ministry of Industry and Trade has extended the period of selecting prestigious exporters for 2019 until May 30, one month later than the schedule of April 30 due to the impact of the COVID-19 pandemic.
Textile and garment exports down
  The domestic textile and garment industry faced an export value reduction in the first four months of this year due to difficulties in production due to the COVID-19 pandemic.
No special treatment for support industries: MoF
  The Ministry of Finance (MoF) and the Ministry of Industry and Trade (MoIT) have failed to find common ground with regards to tax policies for Việt Nam’s support industry enterprises.
SCG reports sales in first quarter
  HCM CITY SCG, a Southeast Asian conglomerate, has announced first quarter showing similar figures to the previous quarter.
Online trade connection to be enhanced to promote post-pandemic exports
  Online trade connections between Vietnamese firms and import partners were being increased together with trade promotion activities to accelerate post-pandemic export, Deputy Minister of Industry and Trade Do Thang Hai said.
HCM City’s retail sales, service revenue down in first four months
  HCM City’s total retail sales of goods and service revenue fell 11.2 percent year-on-year to 387.5 trillion VND (16.5 billion USD) in the first four months of this year, primarily due to travel restrictions and changes in consumption.
Vietnam proposes solutions to Japan for export of lychee
  The Ministry of Industry and Trade (MoIT) has proposed Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) to consider special and creative solutions solving difficulties for Vietnam’s export of fresh lychees to Japan.
Minister orders quick but safe repopulation of pig droves
  Pig droves now represent 80 percent of the number just prior to the outbreak of African swine fever, Minister of Agriculture and Rural Development Nguyen Xuan Cuong told a conference on May 6 in Hanoi on developing pig breeding.
Exports to bounce back in latter half of year
  Despite the difficulties posed by the COVID-19 pandemic, Vietnam can still reach its annual export growth target of 7-8 percent if market opportunities are optimised, experts have said.
      1   2   3   4