Vietnam frozen goods suffer as China tightens Covid-19 inspection regime

In March, China had applied similar Covid-19 inspection measures for frozen goods imported from Vietnam. In September it announced a one-week suspension of all frozen food imports from suppliers whose products test positive for Covid-19 and permanent suspension if their products test positive three times in a month.

Vietnam exports 850 million masks in eight months

Hanoi(VNA) – Vietnamese businesses exported nearly 850 million medical masks in the first eight months of this year. In August alone, local enterprises shipped 135 million medical masks abroad, according to the General Department of Vietnam Customs. The masks were mainly fabric, fine dust masks, cotton and medical masks. The largest importers were Japan, the Republic of […]

Textile exports to EAEU may exceed trigger level: MoIT

Hanoi (VNA) – Vietnam’s textiles enjoying preferential export tariff to the Eurasian Economic Union (EAEU) are likely to surpass the trigger level which results in the application of a safeguard measure cited in the Vietnam-EAEU Free Trade Agreement (VN-EAEU FTA), the Ministry of Industry and Trade (MoIT) has warned.

15 years of connecting exports from Vietnam to the world

Emirates SkyCargo made its entry into Vietnam in October 2005, setting up its offline presence first in Ho Chi Minh City and Hanoi. Exports from these gateways were carried to other points in Asia including Bangkok, Singapore and Kuala Lumpur and then uplifted on Emirates flights to Dubai and other markets. In tandem with the […]

Trump Likely to Announce More Tariffs on Chinese Goods – Kudlow

Kudlow also said the Trump administration still wants to negotiate with China, but only if Beijing is serious about having substantive discussions about free trade, reducing tariffs, non-tariff barriers, opening markets and allowing the United States to export more goods and services to the country.

‘Why we may not exit recession in first quarter of 2021’

It will be miraculous if Nigeria exits recession in the first quarter of 2021. The headwinds against the economy are not likely to disappear fully in first quarter of 2021. It is not likely that farm security will be restored early next year as Boko Haram, bandits and herdsmen are increasing their rampage. Despite the […]

Trade surplus swells to record high in 11 months amidst COVID-19

Hanoi (VNA) – Vietnam posted a trade surplus of 20.1 billion USD in the first 11 months of this year, the highest on record, despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office (GSO). In a report announced on November 29, the office said the country’s […]

Trade surplus in ten months rises to record high

Apart from the stronger application of e-commerce and digital platforms to maintain relations with importers and foster shipments, it will also order subordinate agencies to push ahead with improving the business climate and national competitiveness, and creating the conditions necessary for enterprises to prepare for optimising new-generation FTAs, Hung said./.

An open letter to the people of India on the Kashmir issue

A peaceful solution to the Kashmir issue would unleash immense prosperity and economic benefits for India and for the entire South Asia Region. Unfortunately, rather than pursuing a political solution in Kashmir, successive governments in New Delhi have continued to waste your taxes and precious economic resources to pursue a militaristic policy on Kashmir. At […]

Across China: North China city becomes hotspot for foreign investment

China’s domestic market has increased its consumption of the company’s products, offsetting its reduction in exports due to the pandemic, Turrina said, adding that an expansion project with a total investment of 120 million yuan (about 18.3 million U.S. dollars) is now on the company’s agenda.