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Vietnam Trade News

Vietnam must "live with" trade deficit

Phi Dang Minh, Deputy Director of the Foreign Exchange Management Department under the State Bank of Vietnam (SBV), stated frankly that though the trade deficit in the first nine months was just equal to 16.7 percent of the export revenue, the trade deficit was still very high in absolute value,

Vietnam and China aim to boost trade, investment relations

Chen said he hoped the Vietnamese government would create favourable conditions for Chinese investors. He also wished Vietnam, as the chair of Asean 2010, would support China in expanding relations with Asean nations, especially in trade and investment.

Vietnam, EU embark on forest product dialogue

The agreement is expected to create conditions for Vietnams timber producers to improve their position in the EU market and increase their ability to adapt to EU market requirements regarding the legality of timber. The agreement aims to establish control and licensing procedures for timber producing and processing countries to

US sued for imposing high taxes on Vietnamese shrimp

This is the first step in the process conducted by the PDSB. Three PDSB members, appointed by the WTO Director General Pascal Lamy in July, will consider the petition and consult the PDSB about whether to make a recommendation or a decision.

Banned goods list to expand

The Ministry of Industry and Trade is drafting a proposal to ban the sale of sky lanterns, antiques that have significant heritage value and several other goods and services. The proposal would increase the list of banned goods and services from 92 to 101. New additions to the list include

HCM City holds global marketing expo

The countrys first-ever International Advertising Equipment and Technology Exhibition opened August 5 in HCM City. The three-day event, Vietad 2010, has attracted more than 150 booths and nearly 70 domestic and foreign companies specialising in printing, electric signs, audio and lighting systems, and advertising products and services.


Posted in: Vietnam Advertising Association , Vietnam Printing Association

HCM City expects Promotion Month to spur trade

Tran Vinh Nhung, deputy director of the Department of Industry and Trade, told a press conference held on Tuesday at the Saigon Times Group that the 6th Sales Promotion Month would be joined by hundreds of traders and would reach out to consumers far and wide. Nhungs department is collaborating

Vietnam, Uzbekistan discuss promotion of trade ties

Officials met in Ho Chi Minh City on July 28 to discuss measures for long-term relations between business circles of Vietnam and Uzbekistan after viewing the current level of trade as "modest".


Posted in: Vietnam Uzbekistan trade

WTO nominates panel members for Vietnams lawsuit

The panel members include Mohammad Saeed, Legal Affairs Officer of the Permanent Delegation of Pakistan to WTO; Deborah Milstein, an official of the Israeli Ministry of Industry, Trade and Labour; and Iain Sandford, Director of the Australian International Trade Group. Mohammad Saeed was assigned as chairman of the panel.


Posted in: Vietnam WTO

Vietnam, Uzbekistan increase trade links

The Vietnamese delegation was led by Deputy Minister of Industry and Trade Le Danh Vinh, Chairman of Vietnams sub-committee, while the Uzbekistani delegation was headed by the First Deputy Minister of Foreign Economic Relations N. Nazhimov, Head of the Uzbekistani sub-committee.


Posted in: Vietnam Uzbekistan trade

Popular Vietnam Business News

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Vietnam profit growth nearly 70 percents

The earning per share (EPS) of the market is estimated to rise 58.4% this year, higher than 53% in 2007 and -39.8% in 2008. The P/E ratio will stand at

An upmarket office tower to take shape in Hanoi

The Housing and Urban Developmennt Corporation (HUD) on March 21 began construction of a high-class Office Block (HUD Tower) in Thanh Xuan district, Hanoi with a total investment capital of

Gold association wants import restrictions lifted

The Vietnam Gold Business Association will request the government to remove restrictions on gold imports so that they are determined by local supply and demand, an official said. Gold should

Vietnam to Receive More Overseas Remittance This Year

Local financial experts and bankers shared a common consensus that Vietnam will receive a higher level of overseas remittance this year than the last year. Financial experts and bankers all

Optimism and caution at Vietnam investment summit

The Vietnamese Investment Summit 2010, which ended on Wednesday in Ho Chi Minh City, focused on the countrys economic strengths-providing potential investors and business people with a forum for discussion,

Manpower export: long-term vision a need

ASEAN economies are resuming very strongly, especially in Thailand, Singapore and Malaysia. This is very impressive because six months ago, nobody had that hope. Now it is important to maintain

Low-cost apartments selling slowly

Most of real estate developers now have shifted to developing low-cost apartment projects, because they believe that low-cost apartments will sell better than high-end apartments. Analysts also said that the

Opens the way for the growth of drug production in Vietnam

Domestic and foreign investors for the production of drugs call opens the way for the growth of drug production in Vietnam. The Ministry of Health (MoH) is calling for domestic

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