Import-Export

Fourteen business associations from multiple key industries have co-signed a petition sent to Prime Minister Pham Minh Chinh and other governmental leaders proposing a “spot-based” strategy for COVID-19 fight so as to facilitate the safe resumption of production and business in the “new normal.”

VCN - According to many businesses in HCM City, they are waiting for the official document of the People's Committee of HCM City on easing the social distancing after September 15 to resume operations and gradually recover manufacturing.

The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019 to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.

The estimated sale of Vietnamese cement products reached 70.7 million tonnes in the first eight months of 2021, up 4 percent year-on-year, in which, domestic consumption was about 43.54 million tonnes, down 5 percent, and export volume was 27.23 million t

Vietnam attracted 14 billion USD in foreign direct investment (FDI) in the first eight months of this year, only 2 percent lower than the same period last year, showing foreign investors’ confidence in Vietnam’s economic scenario in mid-and long terms.

Canberra-based Mekong Organics held a ceremony on September 15 to launch the “Promoting organic food certification & trade between Australia and Vietnam” project which is supported by the Australian Government.

Under difficult conditions, shutchi catfish exports to the Mexican market grew impressively with three-digit numbers, becoming the leading export market of Vietnamese seafood enterprises in Latin America.

VCN - Although banks have announced a reduction in interest from 0.3-1.5% and other preferential credit packages, but this reduction is considered by firms in the wood processing and exporting industry to be insignificant compared to the damage.

VCN – The GDVC is required to instruct local customs departments and branches to allocate human resources to clear goods in a continuous, timely and safe manner.

VCN - Finance is also an important factor for successful digital transformation, but it is not the most important factor.