Ho Chi Minh City enterprises overcoming difficulties

Ho Chi Minh City enterprises overcoming difficulties

VCN - In the first half of 2024, reports from the HCM City Union Business Association (HUBA) indicated that the activities of most businesses in the area were stabilizing.
Hanoi Customs faces difficulties in state budget collection

Hanoi Customs faces difficulties in state budget collection

VCN - According to Hanoi Customs Department, although the import-export turnover of goods in the first six months of the year at the unit increased, many imported products with large revenue contribution and high tax rates decreased, having a great impact
Vietnam

Vietnam's cashew industry facing fluctuations in raw material prices

VCN - Although exports recorded double-digit growth in the first half of 2024, Vietnam's cashew industry is facing fluctuations in raw material prices.
Many seafood enterprises focus on developing the domestic market

Many seafood enterprises focus on developing the domestic market

VCN - As one of the large-scale pangasius export enterprises in the Mekong Delta, Vinh Hoan Joint Stock Company focuses on both export development and increasing domestic market share.
Highest determination to remove IUU "yellow card".

Highest determination to remove IUU "yellow card".

VCN - Assessing the effects of the EC "yellow card" on Vietnamese fisheries, Mr. Tran Dinh Luan, Director of the Department of Fisheries (Ministry of Agriculture and Rural Development) said that since the EC warned of the yellow card for Vietnam's exploit
If it is "permissive", OCOP products will not be effective for export

If it is "permissive", OCOP products will not be effective for export

VCN - After 5 years of implementing the One Commune One Product Program (OCOP Program), as of June 2024, the whole country has 13,368 OCOP products in 7,000 industries, of which more than 70% are rated 3 stars, about 26% are rated 4 stars and the rest are
88.8% of import turnover are equipment and raw materials for production

88.8% of import turnover are equipment and raw materials for production

VCN - Assessing the situation of importing goods, the Ministry of Industry and Trade said that in June 2024, it is estimated to reach US $30.15 billion, down 7.9% compared to the previous month, compared to the same period last year, the import turnover o
Trade disputes are rarely brought to international courts

Trade disputes are rarely brought to international courts

VCN - Disputes over foreign trade and more specifically the import-export sector, of which export disputes are the most numerous, the majority are related to the quality of goods; delivery time; dishonesty of the seller or buyer.
Import and export turnover increases to US$ 51 billion

Import and export turnover increases to US$ 51 billion

VCN - In June, Vietnam’s total import and export turnover declined 1.3% month-on-month to US$ 64.12 billion.
Export of denim fabrics quickly recovers

Export of denim fabrics quickly recovers

VCN - The export market for Vietnam's denim products (the fabric used to make jeans) has experienced a swift recovery and positive growth potential. To anticipate this trend, businesses are actively investing in and expanding their factories to enhance pr
Opportunities for Vietnam’s exports to Mercosur

Opportunities for Vietnam’s exports to Mercosur

VCN - According to statistics from Vietnam Customs, in the first half of June, Vietnamese pangasius exports to Brazil increased by 5% year-on-year to US$ 4 million. Cumulative pangasius exports as of the first half of June rose 47% year-on-year to US$ 50
Bac Ninh Customs: Coordinate to promote import and export through the area

Bac Ninh Customs: Coordinate to promote import and export through the area

VCN - Thanks to the smooth coordination and information sharing between Bac Ninh Customs Department and the Management Board of Industrial Parks (IZs), it has contributed to creating favorable conditions, shortening administrative procedures and promoting
Three reasons for reducing state budget revenue of Ho Chi Minh City Customs

Three reasons for reducing state budget revenue of Ho Chi Minh City Customs

VCN - Import-export turnover in Ho Chi Minh City tends to increase, but state budget revenue from import-export activities decreases. Ho Chi Minh City Customs Department pointed out 3 reasons why the revenue decreased.
South Korea is Vietnam’s leading trading partner

South Korea is Vietnam’s leading trading partner

VCN - According to the latest statistics of the General Department of Vietnam (GDVC), by the end of May, Vietnam’s exports to South Korea increased by 10.87% year-on-year to US$ 10.2 billion.
Bright oppotunity for export to Asia - Africa markets

Bright oppotunity for export to Asia - Africa markets

The Asia-Africa region is always an important market for Vietnam. These are also two markets considered suitable for Vietnamese goods, including the Red River Delta to expand their market share in the future.
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