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Reform WTO to benefit developing nations – K.T Hammond

Minister for Trade and Industry, Kobina Tahir Hammond, is calling for improved systems that will enable developing countries like Ghana to effectively participate in negotiations of the World Trade Organisations (WTO).

Argentina to serve as gateway for local goods to penetrate South American market

As an active member of the Southern Common Market (MERCOSUR) Argentina can be the gateway for Vietnamese goods to make inroad into the South American market, while Vietnam will always be a solid bridge for Argentina to enter the ASEAN market, as well as the Asia-Pacific region.

Australia is second-largest shrimp import market of Vietnam in CPTPP

Australia is Vietnam's second largest shrimp import market in the CPTPP market after Japan, accounting for 27% of Vietnam's total shrimp export value to this market.

Big room for Vietnam, Uruguay to expand trade ties

National Assembly Chairman Vuong Dinh Hue’s visit to Uruguay is expected to open up opportunities for stronger economic and trade ties, and win-win cooperation between Vietnam and the Latin American country.

Timor-Leste drives WTO membership bid into final stages

At the fifth meeting of the Working Party on the Accession of Timor-Leste on 20 April, WTO members welcomed the strong and sustained efforts by the Timorese authorities to conclude WTO accession by the 13th Ministerial Conference (MC13) to be held in February 2024.

Business associations seek to iron out snags and boost exports

Representatives of major business associations put forward solutions aimed at removing difficulties and increasing exports at a conference held on April 25 in Ho Chi Minh City, Cong Thuong (commerce) newspaper reported.

China welcomes first batch of sweet potato from Vietnam

China officially imported its first batch of purple sweet potato from Vietnam through Shuikou Port in Longzhou County, Guangxi Zhuang Autonomous Region, on April 24.

China willing, capable of joining CPTPP, senior official says

China has both the willingness and capability to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and has been studying the terms, costs and benefits of joining the pact, said Wang Shouwen, vice-minister of commerce.

Image: Trade Ministry backs 50% car registration fee cut

Trade Ministry backs 50% car registration fee cut

HCMC – The Ministry of Industry and Trade has thrown its weight behind a proposal for a 50% registration fee cut and an extension of special consumption tax payments for domestically made and assembled cars to boost consumption. Deputy Minister of Industry and Trade Phan Thi Thang wrote to the

Image: Compensation rates approved for land along Beltway 3

Compensation rates approved for land along Beltway 3

HCMC – The HCMC People’s Committee has approved the land price adjustment coefficient to determine compensation rates for households and individuals affected by the Beltway No. 3 project. The compensation will be applicable to land revoked by the city for the construction of component 1A under the

Image: Large commercial banks agree to further cut interest rates

Large commercial banks agree to further cut interest rates

HCMC – Four state-owned commercial banks have agreed to further reduce interest rates following their meetings with the Government and the State Bank of Vietnam (SBV). Prime Minister Pham Minh Chinh held a meeting with the SBV and state-owned commercial banks on credit growth yesterday in Hanoi,

Image: Non-life insurance provide enterprises are required to manage risks

Non-life insurance provide enterprises are required to manage risks

The Insurance Supervision and Administration Department (Ministry of Finance) requires non-life insurance businesses to manage risks with three independent lines of protection.