Nearly all exports of Vietnam to the European Union will have their customs duties removed shortly after the European Union-Vietnam Free Trade Agreement (EVFTA) is signed later this month, according to the Ministry of Industry and Trade.
The fast moving consumer goods market will remain strong in the long term in the country’s four major cities of Ha Noi, Da Nang, HCM City, and Can Tho and see an acceleration in rural areas, according to Kantar Worldpanel, a global data, insights and consulting company.
Minister of Industry and Trade Tran Tuan Anh has asked Government agencies to inspect potential wrongdoings at Asanzo Vietnam Electronics JSC to protect the rights and benefits of consumers and ensure a healthy business environment.
A joint venture of Bamboo Capital Group (BCG), Copper Mountain Energy (CME) and the Vietnam-Oman Investment Fund (VOI) on June 23 put into operation the BCG-CME solar power plant with funding of more than VND1 trillion in the Mekong Delta province of Long An.
Viet Nam has been moving towards building a sustainable wood processing industry that uses legal materials in accordance with international and Vietnamese law as well as regulations of major export markets like the US, EU and Japan.
The Voluntary Partnership Agreement between the European Union and Vietnam on Forest Law Enforcement, Governance and Trade (VPA/FLEGT) took effect since June 1, 2019 with the core commitment of the agreement being "to ensure that all timber products are legally produced", which means all timber products in Vietnam, whether for exporting or domestic consumption, must be legally produced.
The forest industry gained a trade surplus of more than US$4 billion in the first six months of this year, according to the Viet Nam Administration of Forestry under the Ministry of Agriculture and Rural Development.
The Ministry of Agriculture and Rural Development (MARD) will continue to develop breeding sources for the agriculture sector according to the needs of the market, said Minister of Agriculture Nguyen Xuan Cuong at a workshop held to review the seed production plan.
Entering global distribution networks is something Vietnamese businesses should strive for to take advantage of their highly competitive products, experts told a conference held on April 23 to discuss how they can be a part of AEON Group’s supply chain.
The solar power plants of Gulf Group will contribute to catching up with the trend of environmental protection, developing green and clean energy sources globally, while simultaneously dealing with the concerns of the domestic energy segment as coal, petroleum and hydropower resources have been fully exploited for a long time.