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Update news MoIT

Vietnamese businesses still fumbling on the way to AEC market

VietNamNet Bridge - Though the door to the ASEAN market has opened wide with the formation of the ASEAN Economic Community (AEC), Vietnamese goods still cannot approach it.


Local brands ignore the domestic market, focus on exports

VietNamNet Bridge - While foreign enterprises flock to Vietnam as they see it as an attractive market, Vietnamese manufacturers are focusing on selling their products abroad. 

Banks struggle to collect bad debts from 12 unprofitable super-projects

By the end of June 2018, the total loans provided to 12 unprofitable enterprises under the management of the Ministry of Industry and Trade (MOIT) had reached VND20.934 trillion.

Vietnamese dragon fruit farmers worried as Chinese market shrinks

VietNamNet Bridge - China has been expanding the growing area of many kinds of farm produce and has gradually reduced imports from Vietnam.

Competitive electricity in Vietnam? It’s still far away

VietNamNet Bridge - More than one electricity generator and wholesaler exists in Vietnam, but the country still does not have a competitive electricity market.


Rubber exporters hope US-China trade war ends soon

VietNamNet Bridge - The US-China trade war could adversely affect Vietnam’s rubber industry as 65 percent of domestic rubber output is exported to China.


Vietnam sees new FDI wave in textile & garment value chain

Foreign investors have poured more money into yarn, garment and accessories projects, while Vietnam needs more projects on textile, dyeing and trimming projects to form closed textile & garment value chains.

Vietnam’s steel manufacturing in a whirlwind of lawsuits

VietNamNet Bridge - At least half of the current trade remedy, anti-countervailing and anti-dumping investigations are on products in the steel manufacturing sector.

Vietnam sells more rice to China, raising concerns

VietNamNet Bridge - The news that Vietnamese exporters are enhancing rice sales to China has raised big concerns.

Private investors becoming more influential in retail market

For many years, the Vietnamese retail market has been the playing field of state-owned and foreign invested enterprises. However, it is now witnessing a strong rise of private investors.

4.0 revolution occurring behind the scenes at local factories

VietNamNet Bridge - Vietnamese manufacturers have been quietly preparing their companies to adapt to the 4.0 industrial revolution.

Sugar industry has two more years to prepare for ATIGA

The ATIGA (ASEAN Trade in Goods Agreement) implementation will be delayed by two years, which means Vietnam will not remove the sugar quota scheme and tariffs until 2020. 

E-commerce: the major battle is in their warehouses, delivery services

The major battle among e-commerce firms is quietly occurring in their warehouses.

Vietnam ready to receive South Korean investment in textile & garment sector

VietNamNet Bridge - A new investment wave is expected to hit Vietnam’s textile & garment industry in the time to come, triggered by the Vietnam-South Korea FTA.

VN cashew producers in crisis due to lack of capital

VietNamNet Bridge - Vietnam’s cashew industry has fallen into crisis as the cashew nut export price has been falling. 

EVN offers lowest electricity prices to manufacturing sector

The Electricity of Vietnam’s (EVN) plan to sell electricity to manufacturing enterprises at the lowest price level will only bring benefits to foreign invested enterprises (FIEs) and eat into people’s pockets, analysts say.

Vietnam still fumbles for way to bring fruit to global market

High transportation, packaging and radiation fees all are pushing up prices of fruit, weakening the competitiveness of Vietnam’s fruit in the world market.

30% of goods at supermarkets must be Vietnam-made: Ministry

The draft decree on managing the distribution industry stipulates that supermarkets and shopping malls must reserve at least 30 percent of stalls for products from Vietnam’s small and medium enterprises.

Ministry sets restrictions on retailers’ business

VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) is drafting a government decree on the development and management of the distribution sector.

Ministry insists on ’99-year policy’, but economists oppose

While National Assembly’s deputies believe that allocating land for up to 99 years in special economic zones SEZs is not a good policy, the Ministry of Planning and Investment (MPI) still persists in its opinion.