Import-Export

With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).

VCN – Speaking with Customs News, Mr. Nguyen Tuong, Senior Advisor of the Vietnam Logistics Service Enterprises Association (VLA) said that thanks to the implementation of new generation of free trade agreements (FTAs), import-export firms will benefit most, thereby stimulating the development of the logistics industry.

VCN- Pangasius export prices have increased and orders are high, but businesses are worried about a lack of raw materials for export processing in the coming months.

Lowering logistics costs is key to increasing the competitiveness of Việt Nam’s export products and the whole economy.

They arenbsp;Hùng Cánbsp;Co and Vĩnh Hoàn Joint Stock Company - the country's two leading tra fish exporters,nbsp;tienphong.vn citednbsp;thenbsp;Nationalnbsp;Agro-Forestry-Fisheries Quality Assurance Department as saying.nbsp;

Trade activities between Vietnam and the United States have grown significantly, which is a bright spot in the cooperation relationship between the two countries.

VCN - Despite positive growth in revenue thanks to the recovery of consumption markets after difficulties caused by the pandemic, the surge in input costs has caused many businesses to fall into negative growth, even losses in the first quarter of 2022.

VCN - Vietnam will need a new growth model to escape the risk of falling into the low middle-income trap and to achieve the set targets. This also requires a modernized labour market. Customs News spoke with Ms. Valentina Barcucci, labour economist, Inter

VCN - In the field of fertilizers, DAP - Vinachem JSC recorded a profit after tax of VND136.5 billion, 3.8 times higher than the same period last year.