Border import and export activities have been relatively brisk, with import and export turnover through major border gates nationwide seeing constant growth.

Tax management revenue from organisations and individuals with e-commerce business activities was VNĐ1.98 quadrillion in the first six months of this year.

With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.

In the first months of 2024, foreign direct investment (FDI) attraction activities continued to be vibrant, showing that foreign investors maintained their confidence and optimism in the Vietnamese market. However, finding and retaining high-quality human resources requires FDI enterprises to have many policies to maintain their advantages.

Canada, following the lead of the United States and European Union, said on Monday it would impose a 100% tariff on imports of Chinese electric vehicles and announced a 25% tariff on imported steel and aluminum from China, Reuters reports. 

Vietnam's rice export price is at the highest level in the world.

Following Peru’s ratification of our deal to join the bloc, the agreement will now officially enter into force by 15 December 2024.

In a rational world, Europe’s climate-conscious representatives would oppose surcharges that make clean tech, like electric vehicles (EVs) regardless of their origin, more costly. But that’s not the case: environmentalists warn that relying on Chinese imports will undermine a key promise of the European Green Deal, namely economic momentum and high-wage jobs within the bloc. Paul Hockenos reports.

Dinh Thi Hoang Yen, Head of the Vietnam Trade Office in Austria (concurrently Slovenia), talked with Vietnam Economic News’ Phuong Lan about the EU-Vietnam Free Trade Agreement’s (EVFTA) impacts on Vietnam-Austria trade.

China’s electric vehicle (EV) sector is booming, so much so that it helped drive the country to the top of the world’s list of automobile exporters in 2023, taking over from Japan, the previous leader. Recent data also suggests that China is experiencing a whopping 28-percent year-on-year growth in EV sales, easily outpacing all other nations, and that six out of every ten EVs sold around the world are manufactured in China. For many, these are exceptional feats, not only in terms of the sheer commanding numbers of EVs that China is exporting but also for the positive implications that so many EVs on the roads across the world will have for greening the planet. That said, not everyone has warmed to China’s global EV-market dominance.