News

EVFTA brings first success with plenty more to come
EVFTA brings first success with plenty more to come

21/12/2020

Since its entry into force on August 1, the European Union (EU) – Vietnam Free Trade Agreement (EVFTA) has brought first successes, reflected by the strong growth of Vietnam’s exports to the EU in recent months and opened significant opportunities for sustainable development in bilateral trade.
Instructions on contents about origin of goods in ATIGA
Instructions on contents about origin of goods in ATIGA

21/12/2020

In order to ensure the strict implementation of international commitments and the provisions of Circular No. 19/2020/TT-BCT, the General Department of Vietnam Customs will issue a document to guide provincial Customs Departments on a number of contents about origin of goods in the ATIGA.
Turkey drops import tariffs on some grain to zero
Turkey drops import tariffs on some grain to zero

20/12/2020

Turkey has lowered tariffs on some grain imports, including wheat, barley, and corn, to zero through April 30, 2021, Reuters reported on Dec. 17.
2020 trade surplus estimated at US$7 billion
2020 trade surplus estimated at US$7 billion

20/12/2020

Export revenue in 2020 is estimated to reach US$267 billion while imports are to reach US$260 billion, resulting in a trade surplus of some US$7 billion, according to Deputy Minister of Industry and Trade Do Thang Hai.
Guidance on signatures in EVFTA
Guidance on signatures in EVFTA

20/12/2020

Declarations on origin of goods of manufacturers eligible to not sign with the condition that exporters need to provide to commitment documents of the manufacturer to competent authorities of the export country. This commitment document should be provided to competent authorities of the export country.
Export target of over 41 billion USD within reach: Agricultural sector
Export target of over 41 billion USD within reach: Agricultural sector

20/12/2020

Though COVID-19 has hampered exports, the agricultural sector remains confident of achieving this year’s export target of over 41 billion USD.
Exports via foreign retail networks prove fruitful: Official
Exports via foreign retail networks prove fruitful: Official

20/12/2020

The export of Vietnamese goods via the distribution networks of foreign retailers has proven to be an effective and sustainable channel, Deputy Minister of Industry and Trade Do Thang Hai told a conference in Hanoi on December 17.
Vietnam’s export revenue expected to reach US$267 billion in 2020
Vietnam’s export revenue expected to reach US$267 billion in 2020

20/12/2020

​Vietnam’s total export revenue is forecast to reach US$267 billion in 2020, up 1% while import revenue isexpected to hit US$260 billion, up 2.6% over the previous year.
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