The Ministry of Industry and Trade stressed that Việt Nam attaches importance to its economic and trade relations with the US, considering those relations an important pillar and a driver of bilateral ties between Việt Nam and the US. … [Read more...] about US won’t impose tariffs or sanctions on Việt Nam’s exports
How export affects economy
VIETNAM BUSINESS NEWS JANUARY 17
The Ministry of Agriculture and Rural Development is therefore seeking to accelerate negotiations with the Chinese side in order to export a wide range of agricultural products through official channels. In line with this policy, priority will be given to durian, sweet potato, bird's nest, pomelo, passion fruit, avocado, custard apple, coconut, cardamom and pineapple, salted jellyfish, dried sea cucumber, and goby fish. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
NA Standing Committee delayed voting on environmental tax hike proposal
Presenting the bill, Minister of Finance Đinh Tiến Dũng said that the current socio-economic situation made it necessary to adjust environmental protection duties on a number of products to better reflect the amount of pollution they caused and to fulfill Việt Nam’s commitments to environmental protection.” … [Read more...] about NA Standing Committee delayed voting on environmental tax hike proposal
VIETNAM NEWS JANUARY 17
The first human trial of COVID-19 vaccine Nanocovax begins in Vietnam on December 17 with the first three volunteers, receiving injections at the Military Medical Academy. (Photo: VNA) She said that the Military Medical University gave 75mcg of Nanocovax, a COVID-19 vaccine developed by Vietnam, to three volunteers on January 12. This is the highest dose of the vaccine given to volunteers during the first stage of human trials. … [Read more...] about VIETNAM NEWS JANUARY 17
Vietnam’s trade deficit with China hits US$35.2 billion in 2020
Statistics from the General Department of Vietnam Customs indicated that Vietnam had exported products worth US$48.9 billion to China in 2020, up 17.9% year-on-year, while the country had spent US$84.1 billion on imports from China, a year-on-year rise of 11.5%. … [Read more...] about Vietnam’s trade deficit with China hits US$35.2 billion in 2020