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Businesses to save VND3,500 billion in taxes each year thanks to the UKVFTA

28/12/2020

Regarding the impact of the UK-Vietnam Free Trade Agreement (UKVFTA) on goods exports as well as production and business activities of enterprises, Minister of Industry and Trade Tran Tuan Anh said the agreement would bring businesses more opportunities to export to the UK. The value of import tax that Vietnam can save when exporting goods to the UK is estimated at VND3,500 billion each year.

Vietnam launches portal on free trade agreements

25/12/2020

The Ministry of Industry and Trade (MOIT) has launched a portal to provide information on the free trade agreements that Vietnam has signed, aiming to help local businesses take advantage of the pacts.

Malaysia: Anti-dumping duties on products from three countries

25/12/2020

The government has decided to impose definitive anti-dumping duties on the importation of flat rolled product of non-alloy steel-plated or coated with aluminium and zinc, says the Ministry of International Trade and Industry (MITI).

Plastic body urges central govt to remove anti-dumping duty on PVC Resin

25/12/2020

The All-India Federation of Plastic Industries (AIFPI) has urged the central government to remove anti-dumping duty on PVC Resin used by the plastic processing units and footwear industry and to ensure the availability of basic raw material to the sector.

Shrimp exports enjoy robust growth during 2020

25/12/2020

Vietnam's shrimp exports are expected to record a dramatic increase of 12.4% to US$3.78 billion in comparison with other export items this year despite suffering from the adverse impacts of the novel coronavirus (COVID-19) pandemic, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam seeks to ease logistics bottleneck hurting competitiveness

25/12/2020

According to economic experts, high logistics costs increase Vietnam’s commodity prices compared to those of other countries, reducing the competitiveness of domestic manufacturers and of the economy.

Vietnam places focus on e-commerce to improve business competitiveness

25/12/2020

E-commerce helps businesses improve their competitiveness, especially small and medium-sized enterprises (SMEs), by saving costs on rental fees, labor, advertising and sales.

India: Govt may impose anti-dumping duty on certain kind of steel imports from few countries

25/12/2020

According to a notification by the ministry's investigation arm DGTR, the duty "is recommended to be imposed for five years" on imports of 'Flat Rolled Products of Stainless Steel' from regions including European Union, Japan, Korea, Malaysia, and Taiwan.