Government leader gives go-ahead for export of medical masks
|
Most notably, these items will only be exported to countries that have been heavily affected by the novel coronavirus (COVID-19).
The decision comes following the government announcing that PM Phuc had reached a conclusion on the matter during a cabinet meeting held in Hanoi on April 15 to discuss COVID-19 prevention and control.
Under Resolution 20 which sets out the conditions for export licenses to be granted for medical masks and protective gear, only 25% of such items produced are allowed to be exported. Consequently, the PM has requested that the Ministry of Health urgently submit adjustments regarding the regulation to the government as a way of boosting the export of the items in the near future.
Elsewhere, the Ministry of Health, the Ministry of Industry and Trade, and other relevant agencies have been urged to be fast in dealing with the issue and not miss out on the opportunity amid a growing global demand for medical masks and epidemic prevention equipment.
The production of medical masks and items which can be used to prevent the spread of the virus has developed into a booming industry in many countries, including both China and Vietnam. Aside from producing anti-bacterial facemasks, plenty of textile enterprises have moved to intensify their investment in the production of medical masks, protective clothing, and have so far received a number of orders from nations in Europe, in addition to the Unites States.
According to figures released by the Ministry of Health, there are approximately 68 businesses producing medical masks and protective suits which are of sufficient quality to guard against the epidemic, with firms such as May 10 Corporation and TNG Investment and Trading Joint Stock Company putting in place production lines to export these products.
Indeed, leaders of May 10 Corporation have stated that 400 million medical masks will be delivered to foreign partners by July, while TNG is also set to produce masks from the middle of May.
Furthermore, the country has also successfully produced waterproof cloth masks, known as Mask 870, which are highly valued by medical professionals in many nations.
Related News
The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024
10:39 | 04/04/2024 Finance
Personal Income Tax Law to be amended in 2025
10:42 | 04/04/2024 Finance
Good management of public debt creates room to implement expansionary fiscal policy
10:06 | 19/03/2024 Finance
Widely applying risk management in specialized inspection of goods
09:48 | 19/01/2024 Customs
Latest News
Wood exports started well
13:26 | 20/04/2024 Import-Export
Take advantage of e-commerce leverage for export
13:25 | 20/04/2024 Import-Export
Vietnam earns 1.43 billion USD from rice exports in Q1
15:50 | 19/04/2024 Import-Export
Localities get ready for fourth FDI boom
15:35 | 19/04/2024 Import-Export
More News
Opportunities to develop a smart and sustainable packaging industry
14:14 | 19/04/2024 Import-Export
Domestic retailers eye export-quality products
17:37 | 18/04/2024 Import-Export
Textile and garment exports recovered positively
10:26 | 18/04/2024 Import-Export
Launch of FDI Annual Report 2023
16:25 | 17/04/2024 Import-Export
Vietnam has opportunities to attract, develop the offshoring market
16:11 | 17/04/2024 Import-Export
Nearly 600 million USD disbursed in support of agroforestry, aquatic sectors
16:09 | 17/04/2024 Import-Export
Be proactive and flexible with production materials
09:02 | 17/04/2024 Import-Export
Cooperate to build leading and "rich in vitality" state-owned enterprises
08:59 | 17/04/2024 Import-Export
Garment & textile sector tries to keep growth momentum
14:16 | 16/04/2024 Import-Export
Your care
Wood exports started well
13:26 | 20/04/2024 Import-Export
Take advantage of e-commerce leverage for export
13:25 | 20/04/2024 Import-Export
Vietnam earns 1.43 billion USD from rice exports in Q1
15:50 | 19/04/2024 Import-Export
Localities get ready for fourth FDI boom
15:35 | 19/04/2024 Import-Export
Opportunities to develop a smart and sustainable packaging industry
14:14 | 19/04/2024 Import-Export