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Policymakers, experts and businesses gathered in HCM City on November 14 to discuss ways to develop a complete system for trading and exporting rice, which is one of Vietnam’s strategic commodities. Deputy Minister of Industry and Trade Nguyen Thanh Bien, said the current mechanism has provided great support to businesses …

The General Statistics Office (GSO) of Vietnam reported that export turnover in November 2009 totaled USD4.8 billion, raising the figure for the first 11 months of 2009 to USD51.4, an 11.4% year on year decrease. Import turnover for the same period was USD6.55 billion; USD61.603 billion, a 17.9% decrease. The …

The Ministry of Finance (MoF) has issued Vietnam’s special preferential tariffs under the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) in the 2010-2012 period. Under the special preferential tariffs (issued together with Decree No 217), commodities from Australia, New Zealand, Brunei, Myanmar, and Singapore are allowed to ship directly to Vietnam …

Prime Minister Nguyen Tan Dung on December 3 asked the Ministry of Industry and Trade to coordinate with authorities to restrict the import of nonessential goods and boost exports. Imports for the first 11 months of the year were estimated at US$10.4 billion, equivalent to 20.3 percent of the country’s …

Information on Vietnam’s market and 20,000 exporters is available for foreign traders via a new website, the Vietnam Export Portal (VNEX), officially launched Wednesday. The new English language site at: www.vnex.com.vn was built by the E-commerce and Information Technology Agency under the Ministry of Industry and Trade. It is grouped …

Vietnamese Prime Minister has urged ministries and agencies to constrain the country’s trade deficit below 20% of its total export value this year. The cabinet leader also requested the abovementioned agencies to take measures to boost exports, aiming to raise the country’s export value by 6% on-year to US$60 billion …

Vietnam’s export value reached US$4.9 billion, an increase of 28.1 percent against the same period last year, according to the General Statistics Office (GSO). The GSO attributed the increase in export value to contributions from the foreign direct investment sector with an export turnover of US$2.6 billion, representing a 32.9 …

Bunge Vietnam Ltd. on Monday officially opened its US$100-million integrated soybean crushing plant in the southern province of Ba Ria-Vung Tau mainly to supply the local market. Christopher White, CEO of Bunge Asia, said this is the largest of its kind in Vietnam. The 11-ha crushing plant in Phu My …

Ho Chi Minh City with its proximity to a diverse river and canal system is focusing now more on river tourism for both domestic and foreign visitors. The City has a friendly brand image and has become increasingly popular with domestic and foreign tourists. It is constantly working towards an …

In the run-up to the July 1, 2004 international deadline for implementation of the maritime security measures, adopted by IMO in December 2002, a far-reaching and multi-faceted program of technical assistance by the Organization, aimed at helping Governments strengthen maritime and port security, is in full swing and having a …