Vietnam’s exports rise sharply in 2021

Vietnam’s exports rise sharply in 2021

Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9.
Trade revenue expected to hit new record high in 2021: MoIT

Trade revenue expected to hit new record high in 2021: MoIT

The Ministry of Industry and Trade forecasts that Việt Nam’s total trade value this year may reach a new record of between US$640 - 645 billion, with a slight trade surplus.
MoIT expects strong growth for electronics industry

MoIT expects strong growth for electronics industry

The electronics industry will continue posting strong growth this year thanks to the strong demand for devices for communications and remote work amid the COVID-19 pandemic, the Ministry of Industry and Trade (MoIT) forecast.
Vietnam on track to achieve 600 billion USD in foreign trade: MoIT

Vietnam on track to achieve 600 billion USD in foreign trade: MoIT

The goal of 600 billion USD in foreign trade is likely to be realised by the end of the year because by October 15, the national import-export turnover had exceeded 510 billion USD, according to Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
MoIT should give more support to businesses in expanding markets: VCCI

MoIT should give more support to businesses in expanding markets: VCCI

The Ministry of Industry and Trade (MoIT) needs to give more supportnbsp;tonbsp;enterprises in establishing stable and reliable distribution channels for expanding trade promotion activities and consumption markets, especially for agricultural products.
MoIT vows support for Samsung, suppliers to maintain supply chain

MoIT vows support for Samsung, suppliers to maintain supply chain

The Ministry of Industry and Trade (MoIT) held a teleconference with Samsung Vietnam and its suppliers on October 14, affirming that the ministry’s top priority now is assisting businesses in Vietnam to achieve the “twin targets” of ensuring safety amid the COVID-19 pandemic and maintaining production to avoid disruptions to supply chains.
MoIT proposes solutions to avoid disruption in goods supply

MoIT proposes solutions to avoid disruption in goods supply

With COVID-19 threatening the goods supply in the south of the country, the Ministry of Industry and Trade (MoIT) has suggested solutions to connect supply chains in the area.
Legal documents for UKVFTA implementation to be released

Legal documents for UKVFTA implementation to be released

The Ministry of Industry and Trade (MoIT) will finalise and issue a number of legal documents needed for the implementation of the UK-Vietnam Free Trade Agreement (UKVFTA) in 2021.
MoIT denies proposing price stabilisation fund for steel

MoIT denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.
MoIT helping farmers distribute produce amid pandemic

MoIT helping farmers distribute produce amid pandemic

Departments of Industry and Trade around the country have been directed to join hands with their local agriculture sector to promote the distribution of products both in domestic and foreign markets amid the fourth wave of COVID-19 in Vietnam.
MoIT proposes 35 percent cap on foreign investment in petrol market

MoIT proposes 35 percent cap on foreign investment in petrol market

The Ministry of Industry and Trade (MoIT) has proposed a 35 percent cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.
Vietnam speeds up development of supporting industries

Vietnam speeds up development of supporting industries

The Ministry of Industry and Trade (MoIT) will pay greater attention this year to the implementation of projects manufacturing products in supporting industries, as many opportunities have appeared for Vietnam to bolster production and exports.
MoIT sets export growth target of up to 5% despite COVID-19 challenges

MoIT sets export growth target of up to 5% despite COVID-19 challenges

Amid complicated developments of the COVID-19 pandemic globally, the Ministry of Industry and Trade (MoIT) has set an export growth target of between 4% and 5% for this year, with a specific focus on taking full advantage of new-generation free trade agre
MoIT transfers State ownership in Sabeco to SCIC

MoIT transfers State ownership in Sabeco to SCIC

The Ministry of Industry and Trade late last week transferred the State ownership in Saigon Beer Alcohol Beverage Corp to the State Capital Investment Corporation
MoIT announces list of prestigious exporters for 2019

MoIT announces list of prestigious exporters for 2019

The Ministry of Industry and Trade MoIT on August 24 said it has selected 268 prestigious exporters for 2019 from nominations made by 55 relevant ministries industry associations and local departments of industry and trade
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