This year, Vietnam has suffered its longest streak of falling exports in more than a decade. However, there are concrete signs that Vietnam’s exports are set to recover in the fourth quarter driven by a bottoming out of the US inventory cycle and by a…
Day: August 26, 2023
MoIT proposes transfer of 11 SOEs to CMSC, SCIC
The Ministry of Industry and Trade (MoIT) has proposed transferring 11 State-owned enterprises (SOEs) in which it represented the State ownership to the Commission for the Management of State Capital at Enterprises (CMSC) and the State Capital Investm…
Vietnam’s wooden product exports recover gradually
Vietnam’s wood and wooden product exports have seen signs of gradual recovery, according to the Hanoi-based DSC Securities Joint Stock Company (DSC).In the first half of this year, the export value of these products reached over 6.06 billion USD, mark…
Thailand’s exports drop for 10th consecutive month
Thailand’s exports declined for the 10th consecutive month in July, falling at a higher rate than expected due to sluggish global demand and a drop in global commodity prices.According to data released by the Ministry of Commerce, the export value in …
Phu Quoc must affirm its international tourism appeal: Savills
Phu Quoc island, known for its natural landscapes and strategic proximity to major Southeast Asian cities, has rapidly emerged as one of Vietnam’s fastest-growing destinations, property consultancy Savills Vietnam said.With tourism acting as the backb…
German expert suggests ways to help Vietnamese firms further optimise EVFTA
Marko Walde, Chief Representative of the Delegation of the German Industry and Commerce in Vietnam, Myanmar, Cambodia and Laos, has suggested Vietnamese businesses to utilise the support of competent agencies, international trade promotion agencies an…
Vietnam Coast Guard honoured for outstanding performance in drug combat
The Vietnam Coast Guard High Command has been honoured with a second-class Feat of Arms Order for its outstanding performance in the fight against drug crimes.The unit organised a ceremony in Hanoi on August 26 to receive the order and celebrate the 2…
Deadline extended for producers to answer anti-dumping questionnaire on prestressed steel cables
The Trade Remedy Agency under the Ministry of Industry and Trade (MoIT) has just extended the deadline for domestic producers and importers to submit their answers to the questionnaire related to Vietnam’s anti-dumping investigation into prestressed s…
Badminton tournament held for Vietnamese people in Laos
A national badminton tournament for Vietnamese people in Laos kicked off on August 26 in Vientiane on the occasion of the 78th anniversary of Vietnam’s August Revolution and National Day (September 2).The two-day event, which was organised by the Gene…