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Update news cross-border trade
The Ministry of Industry and Trade (MOIT) is seeking public comments on a legal draft amending Decree No14 on cross-border commercial activities.
After two human infections with avian influenza A H5N1 (H5N1 bird flu) have been reported by Cambodia, Vietnam authorities have tightened sales of poultry at border crossings.
Vietnam-China relations in the past were based mostly on trade and construction bids. What will be important for the new period?
Jackfruit exports to China bring $124 million a year. However, the export/import ‘game’ is controlled by five Vietnamese individual and institutional exporters and three Chinese importers.
With the entry into force of the Regional Comprehensive Economic Partnership, Vietnam is seeing wider doors opened for it to woo investment and swell trade with foreign partners.
Hanoi has reinforced inspection over business households and collected tens of trillion of dong worth of tax arrears from businesses via Google, Facebook and Youtube and online sales.
Every minute, 14 Made-in-Vietnam products are sold on Amazon. Which products sell well? What should Vietnamese businesses do to compete on this platform?
The cross-border e-commerce carnival series event 2021 entitled “Cross Board & Launch Out” organized by the Deqing Municipal Bureau of Commerce (Deqing County, Zhejiang Province, China) was successfully held on December 6-16.
In the past year, nearly 7.2 million products of Vietnamese small and medium sized enterprises were sold to Amazon customers around the world (average 14 products per minute).
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.
Enterprises have begun changing their production. Three or four enterprises which specialize in exporting woodchips have bought equipment to make MDF
Imports and exports of farm produce, especially fruit, to China in the next six to eight months will not be as high as in January 2019.
PhD Phung Van Hung, a permanent member of the National Economic Commission talks about the significance of the non-observe economy in the Vietnam's GDP.
Mong Cai city in Quang Ninh has basically completed preparations to resume trade through the Mong Cai International border gate, after a suspension due to the outbreak of coronavirus (COVID-19).
As online commerce has boomed, agencies fear that it will be difficult to prevent banned goods, goods restricted for import and export, and origin fraud.
VietNamNet Bridge - China has always been a big consumer of Vietnam’s vegetables and fruits, but most exports go into the country through unofficial channels across border gates.
VietNamNet Bridge - Because of Vietnam’s cross-border trade policy, domestic businesses are targeting short-term benefits and are not pursuing long-term business strategies in doing business with China.
VietNamNet Bridge - Vietnamese enterprises place manufacturing orders with Chinese, import Chinese-made products, label them as Vietnamese products,and sell them in the domestic market.
VietNamNet Bridge - Doing business with China is one of the biggest problems Vietnam has to deal with as it integrates more deeply into the global economy, economists have said.
VietNamNet Bridge – The People’s Committee of the northern mountainous province of Dien Bien met with authorities from Laos’ Phongsaly province on August 18 to discuss the opening of the Na Bung – Lao Phu Chai auxiliary border gate