Ministry of Industry and Trade

Update news Ministry of Industry and Trade

Nearly 16,200 online stores sanctioned for profiting from COVID-19

The Ministry of Industry and Trade has been cracking down on profiteers for selling face masks, hand sanitisers and other items for inflating prices due to the high demand caused by the ravaging COVID-19 epidemic.

PM orders suspension of signing rice-exporting contracts

Prime Minister Nguyen Xuan Phuc has ordered a halt of signing new rice-exporting contracts, the Government Office said in a latest document concerning this matter.

Vietnam increases application of trade defence instruments

Vietnam is increasing the application of trade defence instruments to protect the legitimate rights of domestic producers as the country integrates rapidly into the global economy.

Trade Ministry proposes reopening of auxiliary border gates with China

The Ministry of Industry and Trade (MoIT) has proposed Prime Minister Nguyen Xuan Phuc permit customs clearance of goods through auxiliary border gates on the Vietnam-China border.

VN Industry and Trade Ministry makes all public administrative services online

The Ministry of Industry and Trade (MoIT) has made all of its 292 public administrative services online, 166 of which are level-3 and -4 services while the remainders are level-2.

Vietnam imposes anti-dumping measures on Chinese, Indonesian MSG

The Ministry of Industry and Trade (MoIT) has imposed provisional anti-dumping measures on some monosodium glutamate (MSG) products from China and Indonesia.

EU’s border closure yet to affect goods circulation: official

The European Union (EU)’s border closure to prevent the spread of the novel coronavirus disease (COVID-19) has not yet had a significant impact on goods circulation, said an official from the Ministry of Industry and Trade.

No electricity price increases in Vietnam until the end of Q2

The Ministry of Industry and Trade has called for no increases in the electricity price until the end of the second quarter at the earliest to support businesses amid the novel coronavirus (COVID-19) outbreak.

Team set up to deal with online trading violations

The General Department for Market Surveillance has recently set up a working team on e-commerce to deal with the increasing number of trade violations online.

Ministry proposes new electricity tariffs

The Ministry of Industry and Trade has proposed a new retail electricity tariff which is divided into five rates instead of six. In this option, 98.2 percent of households in the country would see no increase or even lower power bills.

Vietnam to give fixed prices for more solar power projects

The Ministry of Industry and Trade (MoIT) has had a change of heart on the bidding mechanism for solar power tariffs in Vietnam.

Industry, trade ministry launches anti-COVID-19 website

The Ministry of Industry and Trade on February 12 launched a website on the fight against the acute respiratory disease caused by the new coronavirus (COVID-19) at http://hanhdong.moit.gov.vn/.

nCoV outbreak impacts Vietnam’s trade with not only China: official

The outbreak of the 2019 novel coronavirus (2019-nCoV) has affected Vietnam’s trade with not only China but also other markets, said Deputy Minister of Industry and Trade Do Thang Hai.

Vietnam to talk with the US on Minh Phu tax evasion case

The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phu seafood firm, which was accused of tax evasion in the US.

 

Coronavirus outbreak: Vietnam boosts production of face masks

The Ministry of Industry and Trade has directed Vietnamese commercial affair offices abroad to connect with businesses to search for raw materials for face masks production in Vietnam.

Vietnam seeks ways to promote exports amidst fear of coronavirus impacts

Vietnam has planned drastic measures to support exports following the suspension of cross-border trade with China due to the novel coronavirus, known as 2019-nCoV.

Favourable policies expected to drive auto market growth

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output.

Coronavirus might affect exports to China: ministry

The Import-Export Department is keeping a close watch on the development of the coronavirus, urging firms to prepare for negative impacts of the epidemic on exports to China.

 

Prioritised orientations in ASEAN economic pillar in 2020 unveiled

Three prioritised orientations in the economic pillar of ASEAN in 2020 was revealed during the first meeting of ASEAN Senior Economic Officials in 2020 (SEOM 1/51), which is underway in Hanoi from January 12-14.

ASEAN committee discusses trade facilitation in Hanoi

The 16th Meeting of the ASEAN Trade Facilitation Joint Consultative Committee (ATF-JCC) was recently held by the Ministry of Industry and Trade (MoIT) in Hanoi.