Resignation of All Board of Directors of Bamboo Airlines Vietnam
Bamboo Airlines Vietnam plans to replace its board of directors after the resignation of five current directors.
The US, EU, and China suddenly reduced imports; Vietnam's spearhead industry was in trouble
The US, EU, and China - the largest trading partners of Vietnam's seafood industry - suddenly reduced imports of this important staple product due to inflation, tight spending and reduced consumer demand.
Mexico represents 8th largest tuna import market of Vietnam
The first 4 months of 2023 saw Vietnam’s tuna exports to Mexico hit nearly US$7.4 million, up 44% over the same period from last year 2022, according to the Vietnam Association of Seafood Exporters and Producers VASE
RCEP injects dynamism into China's foreign trade industry
Official data shows that from January to April this year, the total import and export volume between China and members of the Regional Comprehensive Economic Partnership (RCEP) hit 4.12 trillion yuan (about $576.06 billion), up 7.3 percent year on year, accounting for 30.9 percent of China's total
Southeast Asia Amidst US-China Economic Competition
Ann Marie Murphy is professor and director of the Center for Foreign Policy Studies at Seton Hall University. This piece was written for Perry World House's 2023 workshop "Economic Security and the Future of the Global Order in the Indo-Pacific."
New regulations create facilitation in the origin management of imported and exported goods
The Ministry of Finance has just issued Circular 33/2023/TT-BTC regulating the determination of origin of exported and imported goods. Circular 33 takes effect from July 15 and replaces circulars No. 38/2018/TT-BTC, 62/2019/TT-BTC, 47/2020/TT-BTC, and 07/2021/TT-BTC.
Online exports expected to be economic growth driver
Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders.
Promising outlook for exports as global markets show signs of recovery
Vietnamese export activities are expected to rebound in the second half of the year, provided that businesses swiftly interpret market signals and seize upon export opportunities.
Exports to the EU cannot bypass the Carbon Border Adjustment Mechanism (CBAM)
In mid-May 2023, the European Commission issued regulations on the establishment of a Carbon Border Adjustment Mechanism (CBAM) in the EU, requiring businesses to adapt so as not to lose their competitive advantage.
RCEP boosts confidence in trade and regional cooperation
On June 2, the day the Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines, Chizhou Customs in east China's Anhui Province issued an RCEP Certificate of Origin for a batch of goods exported to the South-East Asian country.
Bond issuers struggle with debt repayment
HCMC – Bond issuers are grappling with the burden of heavy debt amidst unfavorable market conditions, leading them to further postpone coupon and principal payments. Several issuing companies have extended their coupon and principal payments since the beginning of June. Dat Xanh Mien Nam
HCMC to host automotive service industry trade fair
HCMC – HCMC is set to host Automechanika HCMC 2023 from June 23 to 25 at the Saigon Exhibition Convention Centre (SECC) in District 7. The event, organized jointly by Messe Frankfurt (HK) Ltd, Chan Chao International Enterprise Group, and Yorkers Exhibition Service Vietnam, will showcase the