MoIT announces 218 firms as prestigious exporters

MoIT announces 218 firms as prestigious exporters

As many as 218 companies have won the “Prestigious Export Business” title for 2021, according to the list unveiled by the Ministry of Industry and Trade (MoIT) on December 5.
New regulations on importing non-biodegradable substances: Enterprises need to be well-equipped to avoid fines

New regulations on importing non-biodegradable substances: Enterprises need to be well-equipped to avoid fines

VCN - Talking to Customs Magazine, Mr. Le Hoai Nam, Director of the Environmental Quality Management Department, General Department of Environment (Ministry of Natural Resources and Environment), said: The General Department of Environment and the General Department of Customs have strengthened coordination with enterprises via sharing information related to regulations on import and use of persistent pollutants and raw materials, fuels, materials, products, goods and equipment containing such decomposers (also known as POPs). The problem is that to implement the regulations from January 1, 2023, businesses need to understand the regulations to avoid penalties
Trade forum urges consolidation of Vietnam-US trade supply chain

Trade forum urges consolidation of Vietnam-US trade supply chain

The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.
Creating motivation for businesses before difficulties

Creating motivation for businesses before difficulties

VCN - At the end of last year, many businesses were worried that they did not have enough time and human resources to meet all signed orders. At this time, orders fell significantly. This is one of the signs that show the economy in 2023 will be full of
Export goods needs to penetrate deeply into niche markets

Export goods needs to penetrate deeply into niche markets

VCN - Export to the EU market was estimated at US$39.4 billion, up 22.3%; to ASEAN was estimated at US$28.9 billion, up 24%; to Korea was estimated at US$20.7 billion, up 15.4%; and exports to Japan were estimated at US$19.8 billion, up 22%.
Largest import and export goods reach more than US$121 billion

Largest import and export goods reach more than US$121 billion

VCN - The largest import-export group of Vietnam is computers, electronic products and components with a turnover of US$121.6 billion.
India officially lifts rice export ban

India officially lifts rice export ban

The Vietnamese General Department of Customs reported that the country’s rice exports reached 713,546 tonnes, worth more than US$341 million, in October, up 22.3 per cent in volume and 23.9 per cent in value compared to September.
Index of industrial production enjoys impressive growth

Index of industrial production enjoys impressive growth

The index of industrial production (IIP) in the first 11 months of 2022 is estimated to increase by 8.6% year-on-year, doubling the 4.2% of the same period last year.
Trade forum supports firms to boost trade, investment with Eurasia region

Trade forum supports firms to boost trade, investment with Eurasia region

The Trade Forum on Cooperation with Partners from Eurasia Region 2022 took place in Hanoi on December 2, providing the Vietnamese business community with up-to-date information on market conditions, foreign trade policies, and investment opportunities in the region.
Tuna exports have decelerated

Tuna exports have decelerated

After months of good growth despite inflation, Vietnam's tuna exports slowed down in October 2022.
Export prices are high until the end of the year, Vietnamese rice earns $ 3.3 billion positively

Export prices are high until the end of the year, Vietnamese rice earns $ 3.3 billion positively

VCN - The world's rice supply is in shortage, and increasing import demand in many major markets is favourable for Vietnam's rice industry to earn positive export results of about US$ 3.2-3.3 billion this year. Notably, it is forecasted that export rice p
Promoting private enterprise towards sustainable growth

Promoting private enterprise towards sustainable growth

VCN - For the first time, an initiative to promote socially responsible business practices known as the Standards: Environment, Society and Governance (ESG) for Small and Growing Businesses (SGBs) has been launched in Vietnam.
The rubber industry needs a long-term plan for more sustainable development

The rubber industry needs a long-term plan for more sustainable development

VCN - Vietnam's rubber industry is facing many internal problems that may threaten its sustainable growth in the future when the pressures from the market are increasing day by day. Therefore, it is necessary to develop a long-term plan as a basis for cap
Enterprises actively prepare Tet goods

Enterprises actively prepare Tet goods

VCN - Tet is the most exciting business time of the year and also an opportunity for businesses to increase revenue and improve production and business efficiency. Therefore, businesses are busy preparing the source of goods to welcome the "peak" end of the year.
Accelerating agricultural product exports via e-commerce platforms

Accelerating agricultural product exports via e-commerce platforms

Products such as Luc Ngan lychee (Bac Giang), Vinh Chau purple onion (Soc Trang),... are offered for sale in different prominent locations on reputable e-commerce platforms such as Alibaba, Seashell, Postmart, etc

Vietnam-Australia trade forecast to set new record this year

Two-way trade between Vietnam and Australia is expected to surpass the projection of 15 billion USD and set a new record in 2022.
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Garment & textile sector tries to keep growth momentum

Garment & textile sector tries to keep growth momentum

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
Businesses capitalize on recovery momentum to explore market expansion

Businesses capitalize on recovery momentum to explore market expansion

Since the start of the year, Vietnam’s exports have welcomed positive signals as orders from several key sectors have noticeably rebounded.
Access to the Chinese market is increasingly convenient

Access to the Chinese market is increasingly convenient

Mr. Nguyen Lam Vien shared with Customs News many interesting information and advice for businesses to achieve success in this potential billion-people market.
China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, US, Japan – largest importers of Vietnam’s fishery products in Q1

China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s agricultural products appeal to foreign customers

Vietnam’s agricultural products appeal to foreign customers

Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.
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