Import and export turnover across Coc Nam Border Gate decreases

Import and export turnover across Coc Nam Border Gate decreases

VCN- In the first quarter of 2021, the import and export activities at Coc Nam Border Gate have faced many difficulties and challenges.
The opposite impact from oil prices

The opposite impact from oil prices

VCN- Crude oil processing enterprises are one of the enterprises most negatively affected by the fluctuation of crude oil prices and the pandemic in 2020.
Continue to combat fraud on goods origin

Continue to combat fraud on goods origin

VCN- According to the GDVC, Lunar New Year holidays and the complex and prolonged development of the Covid-19 pandemic have greatly impacted import and export activities.
Container shipping charges increase, enterprises face difficulty

Container shipping charges increase, enterprises face difficulty

VCN- For a 40-foot container, the priceis even higher, up to nearly US$10,000/container while previously, the cost of transporting a 40-foot container from Hai Phong port to Saint Petersburg port was US$1,800.
Pepper exports continue to be quiet in 2021

Pepper exports continue to be quiet in 2021

VCN- According to the the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), by 2020, export volume and value of pepper will reach 288 thousand tonnes and 666 million USD, an increase of 1
Hoanh Mo border gate: bustling with cargo trucks ahead of New Year

Hoanh Mo border gate: bustling with cargo trucks ahead of New Year

VCN- According to the statistics of Hoanh Mo border-gate Customs Branch, compared to 2019 and 2020, the volume of import and export declarations through the area increased significantly.
M&A activities increase and carry potential risks

M&A activities increase and carry potential risks

VCN- The inflow of foreign investment into Vietnam has tended to shift remarkably with M&A taking up a large proportion and rapidly growing since 2018.
The postponement in basis wage increase is a temporary solution

The postponement in basis wage increase is a temporary solution

VCN - The Government's proposal to not raise the basis salary in 2021 is necessary in the current context, so that the state budget can ensure spending on other urgent tasks.
It is a temporary solution when base salary increase is delayed to 2021

It is a temporary solution when base salary increase is delayed to 2021

VCN - The Government's proposal to not raise the base salary in 2021 is necessary in the current context so that the state budget can ensure spending on other urgent tasks. Assoc.Prof.Dr. Dinh Trong Thinh, Senior Lecturer of the Academy of Finance spoke w
Achieving target of pepper export of US$ 800 million will bedifficult

Achieving target of pepper export of US$ 800 million will bedifficult

VCN- Pepper output in 2020 reaches about 240,000 tonnes, a 10% year-on-year decline. This causes more difficulties for exporters. The target of pepper exports of US$800 million in this year is forecast to be difficult.
Pangasius exports to US increase

Pangasius exports to US increase

VCN- After the Covid-19 pandemic, some good signals restarting in Spain, UK and US have made the picture of pangasius exports to the US this month more optimistic.
HCMC: More than VND 30,000 billion of domestic tax debts

HCMC: More than VND 30,000 billion of domestic tax debts

VCN- By the end of July, total domestic tax debt in Ho Chi Minh City wasVND30,171 billion.    
Four export commodity groups with turnover of “tens of billions of dollars"

Four export commodity groups with turnover of “tens of billions of dollars"

VCN- Machinery, equipment, tools and spare parts were the first commodity group grossing a turnover of 10.42% (equivalent to US$2.18 billion), a year-on year increase of 26.5%. 
State budget revenue faces difficulties

State budget revenue faces difficulties

VCN- According to the Ministry of Finance, the State budget revenue in the first five months of 2020 reached VND577 trillion, accounting for 38.2% of the estimate, decreasing by 5.9% over the same period in 2019.
New family circumstance-based deduction level, disposable income of the people to increase

New family circumstance-based deduction level, disposable income of the people to increase

VCN- For the new family circumstance-based deduction level, the disposable income of people will increase, contributing to stimulating household spending, social consumption and improving the lives of people.
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