Matthew said due to favourable conditions such as the attraction of foreign investment leading to increased export production, taking advantage of supply chain disruptions and gaps in the US market, Viet Nam has more chance to enter the market. However, he added the excessive increase in turnover of some products would make them face the risk of lawsuits and trade remedies. If tax is imposed on a product, it could affect the whole industry and make many others leave the market because the US trade defence tax rate was often very high. … [Read more...] about Exporters to identify risks of trade defence measures in the US
Largest exporters 2018
Toyota recalls 13,000 cars over fuel pump error
11,693 cars are both locally assembled and completely built units imported including Camry, Corolla, Innova, Alphard, Fortuner, Land Cruiser 200, Land Cruiser Prado, Hilux and Hiace that were built from 2017 to 2019. Lexus Vietnam also recalled 1,334 cars that were built from 2017 to 2019. Those cars have shown error warnings, vibrating engines, failure to start or sudden stop while running. Those errors are caused by a fuel pump inside the fuel tank. The pumps may have low quality and lost their shapes and become broken when the cars are fuelled. Both Toyota and Lexus Vietnam said they would replace the fuel pump for free for all of their customers who are affected. The repair will take up to four and a half hours to complete. Customers can directly contact Toyota or Lexus agents in Vietnam for the repair. People who bought those cars via unofficial channels will also get support. Toyota and Lexus Vietnam will work with the mother company Toyota Motor Corporation for … [Read more...] about Toyota recalls 13,000 cars over fuel pump error
Quality of life in Hanoi better than HCMC: report
Authorities have admitted air quality in HCMC and Hanoi have worsened in recent years due to exhaust fumes, factory emissions and construction dust. Though a series of measures have been taken, it remains a pressing issue. … [Read more...] about Quality of life in Hanoi better than HCMC: report
Official pledges highest safety for 13th National Party Congress
The Party Central Committee and its Politburo and Secretariat have paid special attention to the preparation work for the 13th National Party Congress, he said, adding that the Party Central Committee set up five sub-committees for the work since October 2018. To date, all preparations are basically complete. … [Read more...] about Official pledges highest safety for 13th National Party Congress
Fruit and vegetable purchasing, distribution centre opens in Tien Giang
MM Vietnam Director of Supply Chain and Logistics, Brian Alan Luck, said the centre is expected to boost the consumption of OCOP (One Commune, One Product) goods and foster stronger ties with local suppliers, farming households, and cooperatives. … [Read more...] about Fruit and vegetable purchasing, distribution centre opens in Tien Giang
