Vietnam’s fisheries exports in the first half of 2024 were worth US$4.4 billion, up 6% year-on-year on higher demand in major markets like the U.S., China and the EU. Key items such as shrimp, pangasius and tuna did well, the Vietnam Association of Seafood Exporters and Producers said in its …
Read More »MoIT promotes operation of new industrial production projects
The ministry said it will continue to effectively implement supportive policies for enterprises approved by the Government to remove difficulties and obstacles in production and business activities. Production at Samsung Electronics Vietnam Co, Ltd in Bắc Ninh Province. Việt Nam needs to have many synchronous solutions to ensure stable and sustainable growth for …
Read More »Imported American plums remain popular despite 20% price hike
Plums imported from the U.S. are flying off the shelves though their prices have risen by 10-20% from last year to VND500,000 (US$19.74) a kilogram. After local harvest of the fruit ended earlier this month, imports from Australia, Japan and, notably, the U.S. have been growing in popularity. Huyen Anh …
Read More »Durian exports rise by 45% in first half
Vietnam exported US$1.32 billion worth of durian in the first six months of 2024, up 45% year-on-year, according to customs data. It accounted for 65% of all fruit exports during the period and is growing increasingly popular in many key markets. China was the largest importer, accounting for over 92% …
Read More »Social housing credit package to be made more preferential to increase disbursement
Statistics of the State Bank of Việt Nam’s Credit Department showed that to date, VNĐ1.344 trillion from the social housing credit package has been disbursed, 96.4 per cent of which was provided to project’s developers, while just a modest sum of VNĐ4.9 billion was provided to home buyers. Deputy …
Read More »Land Law 2024 set to revolutionise agricultural real estate market
The Land Law 2024, effective from August 1, will bring significant and transformative legal changes to the agricultural real estate market. Phạm Thanh Tuấn, a real estate legal expert from the Hà Nội Bar Association spoke to Tin tức (News) newspaper about what changes are coming. Phạm Thanh Tuấn, …
Read More »Ministry proposal to slap new tax on tobacco comes under fire
The Ministry of Finance has proposed a bill to levy a new fixed tax on cigarettes in addition to the current excise tax of 75 per cent as the Government seeks to reduce consumption, but it has divided opinions. A sharp increase in taxes on tobacco in a proposed …
Read More »MoF strives to collect budget revenue exceeding estimates
State budget revenue has reached 68.5 per cent of the estimate as of mid-July, a year-on-year increase of about 15 per cent. A customer fulfills payment obligations to the State at a desk assigned to collect money for the budget at a branch of the Joint Stock Commercial Bank for …
Read More »Deputy PM asks ministries to remove difficulties of fisheries industry
According to recommendations from the Việt Nam Association of Seafood Exporters and Producers (VASEP), the fishing industry faces many difficulties including unreasonable regulation on ceiling interest costs during calculating income tax, unreasonable delays in getting fishing certifications and problems with the minimum size set for the tuna they are allowed …
Read More »Cần Thơ exports 1.2 tonnes of special longan to the US
Cờ Đỏ District is home to 400ha of thanh nhãn trees. The longan from there has been granted 33 export planting area codes and heads to markets such as the US, Australia, Japan, Thailand, the EU and China. Delegates attend a ceremony to celebrate the contract to export longan to the US. — …
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