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News

Vietnam seeks ways to promote exports amidst fear of coronavirus impacts

09/02/2020

Vietnam has planned drastic measures to support exports following the suspension of cross-border trade with China due to the novel coronavirus, known as 2019-nCoV.

Vietnam faces loss up to $7.7 bln in tourism due to China's coronavirus

09/02/2020

The coronavirus epidemic in China could wipe $5.9 billion to $7.7 billion from Vietnam’s tourism earnings in the next three months as international travelers stay away from the region, state media said on Friday.

Vietnam Introduces Resolution to Deal with Origin Fraud and Transshipment

09/02/2020

Vietnam introduced Resolution 119/NQ-CP to address increasing cases of transshipment and origin fraud. The resolution aims to promote cooperation among government agencies and more stringent product origin checks.The move is in line with Vietnam’s desire to satisfy US rules of origin requirements and address the trade surplus with the US.

Tra fish exports likely to recover this year

09/02/2020

This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Vietnam Pangasius Association.

Gov't to cut tax for mask production and imports

09/02/2020

The coronavirus outbreak in China and solutions to promote trade with Việt Nam were discussed at a meeting of the National Steering Committee for ASEAN Single Window (ASW), National Single Window (NSW) and Trade Facilitation Committee in Hà Nội yesterday.

Vietnam-China auxiliary border gates reopened to facilitate trade

09/02/2020

Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours.

Vietnam: Exporters hit by China’s virus shutdown race to shore up supplies

09/02/2020

The extended shutdown of Chinese factories from the coronavirus outbreak is upsetting supply chains as manufacturers feel the pinch from shortages of material and travel restrictions on staff.

Trump considers withdrawing from WTO's $1.7 trillion purchasing pact

09/02/2020

The U.S. is mulling a plan to withdraw from a global pact worth $1.7 trillion in government contracts, a person familiar with the matter said, in a move that may anger close allies during a delicate moment for trade.