Ministry of Industry and Trade

Update news Ministry of Industry and Trade

VN Trade Ministry launches websites to deal with counterfeit goods

The Ministry of Industry and Trade (MoIT) on December 18 launched three websites to fight counterfeit goods and help consumers resolve e-commerce disputes.

Competition authority warns of online loan scams

The Ministry of Industry and Trade’s Vietnam Competition Authority (VCA) has warned local consumers to be cautious about taking out online loans amid rampant scams.

 

Vietnam wants private electricity grid investment

A lack of electricity transmission grids is preventing renewable energy projects from generating at maximum capacity.

VN automobile manufacturers ask for more support

Vietnam’s automobile industry is small compared to regional markets and local suppliers are asking for more support from the Government.

Quotas for sugar imports from ASEAN removed

There will be no limits on the amounts of sugar imports into Vietnam from member states of the Association of Southeast Asian Nation (ASEAN), beginning next year.

Temporary suspension of import and re-export of plywood to US

The Ministry of Industry and Trade (MoIT) has decided to suspend the import of plywood products to Vietnam for re-export to the US to prevent commercial fraud on goods' origin and illegal transshipment.

Vietnam to study logistics investment in Egypt

The Ministry of Industry and Trade will send a delegation to Egypt to study investment in logistics and promote trade in the second biggest economy in Africa from December 1-6.

Vietnam’s exports estimated at $217.05 billion in 10 months

Vietnam’s export revenue was estimated at 217.05 billion USD in the first 10 months of this year, up 7.4 percent annually, according to the Ministry of Industry and Trade.

Foreign businesses look to expand investment in Vietnam

Many foreign businesses have come to explore the investment opportunities in Vietnam recently with the intention of investing or expanding operation in the country, according to the Ministry of Industry and Trade.

Hanoi, HCM City have largest number of key energy consumers

Hanoi and Ho Chi Minh City have the largest numbers of key energy consumers, with 247 in the capital and 311 in the southern metropolis.

Vietnam's anti-dumping duties on steel products extended for 5 more years

The Ministry of Industry and Trade (MoIT) has decided to extend the anti-dumping duties on cold-rolled stainless steel products originated from China, Indonesia, Malaysia and Taiwan (China) for an additional five years, starting from October 26.

Imports stuck at border gates due to new Chinese rules

China's sudden application of the new C/O (certificate of origin) form E has left lots of goods imported from China stuck at northern Lang Son province's border gates since August 20, according to the Lang Son Customs Department.

Bottlenecks in logistics need to be cleared

The logistics sector has long been considered the backbone of trade activities. However in Vietnam, that backbone seems to have a lot of problems. 

Industry & Trade Ministry hands over loss-making projects to CMSC

The Ministry of Industry and Trade on Tuesday handed over 11 out of 12 loss-making projects to the Committee for Management of State Capital at Enterprises (CMSC).

 

Ministry tightens supervision to avoid trade sanctions

Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision to avoid having high tariffs and trade sanctions imposed by other nations.

Industry and Trade Ministry proposes rules on “Made in Vietnam” products

The Ministry of Industry and Trade (MoIT) has proposed the Government promulgate regulations on Vietnamese goods and ‘Made in Vietnam’ products as there are no specific rules on the issue.

Vietnam's imports of phone components reach over $4.9 billion

Vietnam spent $1.1 billion importing mobile phones and spare parts in May, up 36.2 percent from the same period last year.

Industry Ministry raises warnings about power shortages

A report from the Ministry of Industry and Trade has warned about power shortages in 2020 as 47 electricity projects, most of them are in the southern region, are stagnated.

 

Ministry of Industry and Trade, GE sign MoU on wind energy cooperation

 GE, a US based global corporation on May 23 announced that it signed a Memorandum of Understanding (MOU) with the Ministry of Industry and Trade on developing 1,000MW of Wind energy in Vietnam.