PetroVietnam's crude oil output in Jan-April exceeds set target

09/05/2020 20:20

The Vietnam Oil and Gas Group (PetroVietnam)’s exploited crude oil output in the first four months of 2020 reached 7.2 million tonnes of oil equivalent, exceeding its set target by 7.7 percent, despite difficulties caused by the COVID-19 pandemic and a sharp decrease in oil prices.

Vietnam faces increasing tax evasion and avoidance

08/05/2020 12:05

Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.

Exports to bounce back in latter half of year

06/05/2020 20:01

Despite the difficulties posed by the COVID-19 pandemic, Vietnam can still reach its annual export growth target of 7-8 percent if market opportunities are optimised, experts have said.

Vietnam hopeful of opening economy to pre-pandemic levels

06/05/2020 11:18

Despite displaying a high degree of openness, the Vietnamese economy is yet to fully open on the same level as before the arrival of the novel coronavirus (COVID-19) pandemic, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Haul of items surpass US$1 bln export value mark over 4 months

03/05/2020 16:49

While the novel coronavirus has exerted a negative impact on the world economy, Vietnam has maintained a trade surplus over four months, with 15 items enjoying export turnover of over US$1 billion each, making up 80% of total export value, according to the Ministry of Industry and Trade.

US cuts anti-dumping taxes on Vietnamese catfish products

27/04/2020 17:09

The US Department of Commerce (DOC) has lowered anti-dumping duties on tra fish (pangasius) products from Vietnam following its official conclusion of its 15th period of review (POR15) from August 1, 2017 to July 31, 2018, according to the Trade Remedies Authorities of Vietnam under the Ministry of Trade and Industry (MoIT).

Vietnam attracts 12.33 billion USD in FDI in four months

27/04/2020 15:15

Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Pork imports soar by over 300 percent: statistics

26/04/2020 22:01

Vietnam imported more than 46,402 tonnes of pork and related products as of April 13, rocketing over 300 percent from the same period last year, according to the Department of Animal Health under the Ministry of Agriculture and Rural Development (MARD).