Viet Nam is expected to achieve its rice export target of 6.3 million tonnes worth US$3.2 billion this year due to high global demand and an increase in export prices.
The Ministry of Industry and Trade (MoIT) has completed an anti-dumping investigation into high-fructose corn syrup (HFCS) imported from China and the Republic of Korea, according to the MoIT’s Trade Remedies Authority of Viet Nam (TRAV).
Car sales in Viet Nam increased by 52 per cent last month after five consecutive months of decline, showing positive signs for the car market at the end of the year.
Auto sales in Vietnam plunged 50 percent year-on-year to 13,537 units in September as Covid-19-triggered social distancing forced dealers to close.
Calls have been made for tax cuts to stabilise domestic fuel prices as global oil prices see continual increases.
Viet Nam’s furniture exports to large markets such as the US and UK are growing despite the COVID-19 pandemic, according to the Ministry of Industry and Trade.
Vietnam’s gold price climbed to a 12-month high Monday even as global prices dropped.
The Lao government is aiming to increase the number of electric vehicles (EV) on the country’s streets to one per cent by 2025 and over 30 per cent in 2030.
Mercedes-Benz Vietnam is recalling more than 1,700 C200 cars locally assembled from 2014 -2018 to remove a generator related software bug.
The Japanese Ministry of Agriculture, Forestry and Fisheries (MAFF) has granted a Geographical Indication (GI) certification for dragon fruit grown in the south central province of Binh Thuan of Viet Nam after three years the Binh Thuan Dragon Fruit Association had submitted the application for the status in Japan.