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

Agree to continue reducing VAT by 2%
11:02 | 29/11/2024 Finance

Recurrent spending seriously controlled: Deputy PM and MoF Ho Duc Phoc
09:31 | 07/11/2024 Headlines

The economic situation continues to trend positively
11:36 | 07/08/2024 Headlines

Transparent and stable legislation is needed to develop renewable energy
13:45 | 01/08/2024 Import-Export
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export
Your care

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export