89 percent of imports raw materials for domestic production: Ministry

89 percent of imports raw materials for domestic production: Ministry

Up to 89 percent of the imports in the first four months of this year are raw materials and accessories for domestic production with a combined value of US$106.6 billion, up 16.8 percent year-on-year, according to the Ministry of Industry and Trade.
The customs force in Ho Chi Minh City is checking imports and exports while observing Covid-19 prevention and control measures. (Photo: haiquanhochiminh.gov.vn)

VN saves billions of US dollar thanks to improved customs clearance procedure

Vietnam Customs yesterday announced that because of time reduction in customs clearance procedures for import and export goods, Vietnamese businesses have been able to save over US$3.28 billion in both direct and indirect costs. This is the result of the survey ‘Cross-border Commercial Transaction Index 2020’ for trading environment improvement, national competitiveness increase.

Vietnam strengthens production, import, store of Covid-19 drugs

Vietnam strengthens production, import, store of Covid-19 drugs


The Drug Administration of Vietnam under the Ministry of Health (MoH) has just sent an official letter to the Departments of Health of the provinces and cities under the Central, the hospitals under the MoH to strengthen the production, import and store the drugs for Covid-19 prevention and treatment.
Total export value hits US$160.24 billion this year

Total export value hits US$160.24 billion this year

The latest preliminary statistics of the General Department of Vietnam Customs showed that the total import-export value of Vietnamese goods in the first half of August this year reached US$23.66 billion, down 7.2 percent, or $1.85 billion, compared to the results in the second half of July this year. 
Workers are making clothes for export at a company in Ho Chi Minh City. (Photo: SGGP)

Difficulties need to be resolved for enterprises to export to EU smoothly

In the past six months, due to the impacts of the Covid-19 pandemic, export turnover of many key commodities has declined, and enterprises have encountered several difficulties. Ministries and provinces have implemented many solutions to find out the market for products, especially, they have adopted the application of electronic transactions into operation to reduce the risk of interrupting commercial transactions for enterprises.
Enterprises call for help to re-export black pepper stuck in Nepal

Enterprises call for help to re-export black pepper stuck in Nepal

For having not opened letters of credit, 58 containers of black pepper of 13 Vietnamese enterprises exported to Nepal are stuck at ports in this country. Because their goods could not either be exported or re-exported, enterprises are asking the Prime Minister for help.
HCMC ready to import pork in case of scarcity

HCMC ready to import pork in case of scarcity

The Ho Chi Minh City (HCMC) Department of Industry and Trade has recently required relevant divisions to effectively manage the domestic pork supplying sources and announced that pork will be imported when necessary in order to ensure demand of the market.
Vietnamese rice exporters look for new markets

Vietnamese rice exporters look for new markets

In the first half of this year, China, Indonesia and Bangladesh – three major rice importing markets of Vietnam – reduced rice imports. Experts concerned that this situation might last until the end of this year, muting export of rice of three largest rice exporters, consisting of India, Thailand and Vietnam.