Priority to develop processing and manufacturing industries

Priority to develop processing and manufacturing industries

VCN - Processing and manufacturing industries play an important role in the overall growth of the economy, but over the years, the development of the manufacturing and processing industry has faced many barriers.
Many difficulties in attracting private investment in the power sector

Many difficulties in attracting private investment in the power sector

VCN - In order to ensure the achievement of the target that the total capacity of power sources by 2030 will reach about 125 - 130 GW and the power output will reach about 550-600 billion kWh, the power sector needs very large investment.
Coffee exports suffer decline over ten months

Coffee exports suffer decline over ten months

Vietnam raked in US$2.32 billion from exporting 1.34 million tonnes of coffee during the past ten months of the year, down 1.3% in volume and 0.6% in value, according to figures released by the Ministry of Industry and Trade.
Refreshing supporting industries in Vietnam

Refreshing supporting industries in Vietnam

VCN- According to the Ministry of Industry and Trade, the number of operating enterprises in the supporting industry accounts for nearly 4.5% of the number total of enterprises in the manufacturing and processing industry.
Will customers be able to negotiate electricity prices by themselves?

Will customers be able to negotiate electricity prices by themselves?

VCN - According to a plan being calculated by the Ministry of Industry and Trade to implement a competitive electricity retail market, after 2025, people participating in the electricity retail market can choose their own electricity sellers and negotiate
National exports poised to grow 5% annually over five-year period

National exports poised to grow 5% annually over five-year period

The country’s exports are poised to grow 5% on-year between 2021 and 2025 to reach US$340 billion by 2025, according to a plan devised by the Ministry of Industry and Trade (MoIT) relating to socio-economic development over the coming five-year period
Trade surplus reaches record high of US$8.23 billion over seven months

Trade surplus reaches record high of US$8.23 billion over seven months

The month of July saw the nation enjoy a trade surplus of US$2.77 billion, boosting the seven-month trade surplus to a record high of US$8.23 billion, according to figures released by the Ministry of Industry and Trade (MoIT).
Joining many FTAs, Vietnamese firms are worried about being sued for tax evasion

Joining many FTAs, Vietnamese firms are worried about being sued for tax evasion

VCN - According to the Ministry of Industry and Trade, up to now, the risk of evading trade remedies and origin fraud for goods is increasing, especially in the context of the escalating US-China trade conflict, Vietnam participated in many new generation
Pepper prices remain low despite undergoing slight increase

Pepper prices remain low despite undergoing slight increase

Despite experiencing an upward trend in recent weeks, pepper prices in the Central Highlands and the southern region have remained low in comparison with previous years, according to the Import-Export Department under the Ministry of Industry and Trade.
What does Ministry of Industry and Trade say about the proposal to ban petrol imports?

What does Ministry of Industry and Trade say about the proposal to ban petrol imports?

Regarding the recent suggestion of Petrovietnam (PVN) on considering limiting maximally or banning imports of petrol products, the Ministry of Industry and Trade has made an official response.
Exporting 400,000 tonness of rice: Customs strictly complies with regulations of the Ministry of Industry and Trade

Exporting 400,000 tonness of rice: Customs strictly complies with regulations of the Ministry of Industry and Trade

VCN- Director of the Department of Customs Management Supervision (General Department of Customs) Au Anh Tuan said there were four enterprises on the winning list of supplying national reserve rice in 2020 but wanted to switch to export registration.
Ministry of Industry and Trade officially proposes to continue exporting rice

Ministry of Industry and Trade officially proposes to continue exporting rice

VCN- The report stated production in 2020 is estimated at 43.5 million tonnes of paddy. Regarding consumption and storage needs, the Ministry of Agriculture and Rural Development forecasts domestic demand in 2020 including reserves of 29.96 million tonnes
Ministry proposes limiting rice exports to 400,000 tonnes per month

Ministry proposes limiting rice exports to 400,000 tonnes per month

The Ministry of Industry and Trade (MoIT) has put forward a plan to the Prime Minister which would regulate monthly rice exports and cap them at 400,000 tonnes amid the increasingly complicated nature of the novel coronavirus (COVID-19) epidemic.
Minister of Industry and Trade: Goods enough for supply even if some provinces have to be isolated

Minister of Industry and Trade: Goods enough for supply even if some provinces have to be isolated

Minister of Industry and Trade Tran Tuan Anh has affirmed: “Contingency plans should be ready to cope with any situation, including the worst scenario
Ministry of Industry and Trade plans to cope with Covid-19 epidemic

Ministry of Industry and Trade plans to cope with Covid-19 epidemic

VCN - Ministry of Industry and Trade has made overall plans with an action plan to identify the worst cases, including in the case of a pandemic occurring in many provinces of Vietnam.
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