Vietnam import policies tariffs and restrictions

However, there have been signs of pork prices increasing again due to the sharp rise in demand. The last days of the 11th month and early days of the 12th month of the lunar year are the time that processors collect meat in large quantities to process sausages and pork pies. The demand at this time is the highest of the year. … [Read more...] about Despite imports from Thailand, pork prices are still going up before Tet

Prague (VNA) - Vietnam will use technology transferred by Czech company Hojer Trans to produce conveyor rollers this year in a new project in the northern province of Phu Tho, according to mzv.cz, the official website of the Czech Ministry of Foreign Affairs. The project will be developed by the Thang Long Accurate Mechanical Company. It was launched on January 6, with Phu Tho leaders and representatives from the Czech Embassy in Hanoi in attendance, the website reported. It will be the first factory in Southeast Asia able to produce conveyor rollers that can compete with those made in China and India, Director-General of the Thang Long Accurate Mechanical Company Vu Dinh Hong told the launch ceremony. Vietnam imports millions of USD worth of conveyor rollers annually, he said, and once completed the factory is expected to not only serve the domestic market but also exports to regional countries. The transfer of technology will be conducted this year, Hong added. The project has … [Read more...] about Vietnam to use Czech technology to produce conveyor rollers

UNDP Resident Representative in Vietnam Caitlin Wiesen said Vietnam was one of only a few countries in the world to post GDP growth in 2020, of 2.91 percent, and for the first time it was ranked by the UNDP as among the High Human Development Group, with growth of 46 percent in its Human Development Index (HDI) during the 1990-2019 period, one of the most rapid transitions to high human development in history. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

There are only about 20 days until Tet, so more people are out and about shopping. To ensure safety, Tran Van Chung, deputy director of the Hanoi Department of Health, said that inspectors would focus on checking food businesses’ COVID-19 prevention and control in supermarkets, restaurants, shopping malls and markets. Those that fail to comply with pandemic preventive measures would be penalised. … [Read more...] about VIETNAM NEWS JANUARY 21

Speaking at the webinar, Deputy Minister of Industry and Trade Do Thang Hai said that Vietnam can be viewed as a “centre of FTAs”, with several major and important agreements signed recently, such as the CPTPP (representing 13 percent of global GDP), the EU-Vietnam Free Trade Agreement (16 percent of global GDP), and the Regional Comprehensive Economic Partnership (RCEP) (32 percent of global GDP). … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 22