Posts Tagged ‘ The Imports ’

Vietnam PM meets McCain, requests greater economic assistance 

January 22, 2012
Vietnam PM meets McCain, requests greater economic assistance 

  Vietnam will continue to take the US as a leading development partners, Prime Minister Nguyen Tan Dung said Thursday in meeting with John McCain and other US senators on a Southeast Asia visit. He said Vietnam and the US in the coming time need to boost further cooperation in commerce and investment, and asking [...]

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Vietnam says nearly $4 billion added to foreign reserves 

July 21, 2011
Vietnam says nearly $4 billion added to foreign reserves 

  Vietnam, which is battling high inflation and other economic problems, has added nearly $4 billion this year to its foreign reserves, a government report on Thursday said. The State Bank of Vietnam will further increase reserves by the end of 2011, the report to the National Assembly by Deputy Prime Minister Nguyen Sinh Hung [...]

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Vietnam spends $1.17 billion to import autos

December 29, 2009
Vietnam spends $1.17 billion to import autos

LookAtVietnam – Car imports made a record $1.17 billion in 2009, notable because it comes in a year of economic downturn. According to the General Statistics Office (GSO) under the Ministry of Planning and Investment, Vietnam imported 76,300 completely built unit (CBU) cars in 2009, worth $1.171 billion, the highest-ever auto import turnover in history. The [...]

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Float glass case: two against 100

December 17, 2009
Float glass case: two against 100

VietNamNet Bridge – A safeguards investigation of float glass imports has sparked a debate between the two domestic makers which propose tariff ‘safeguards’ and 100 importers. Are imports threatening domestic production? Vietnam’s two big makers of float glass (the flat glass that’s used in windows) think they’re in danger of being put out of business by [...]

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Posted in In depth, Reports | Comments Off

State bank selects gold traders allowed to resume imports

November 14, 2009
State bank selects gold traders allowed to resume imports

The central bank will allow a select group of local gold traders to import the metal for the first time since June last year, but some on the list worry the imports will not be profitable. The country’s largest gold trader, Saigon Jewelry Holding, as well as Phu Nhuan Jewelry, Doji Gold and Jems Group [...]

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Cheap foreign steel imports force domestic producers to lower prices

October 16, 2009
Cheap foreign steel imports force domestic producers to lower prices

VietNamNet Bridge – Foreign made steel is being imported into Vietnam in big quantities thanks to the preferential tariff of five percent.  The Vietnam Steel Corporation (VSC) has announced a price decrease of 200,000 dong per tonne to 11.32 million dong ($665.88) per tonne for coil steel. Other steel mills have also announced the same [...]

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What next for 310 tonnes of “dirty” meat?

October 15, 2009
What next for 310 tonnes of “dirty” meat?

LookAtVietnam – Government agencies have stated that 310 tonnes of “dirty” meat stuck in Vietnamese ports must be re-exported. However, to date, the meat importers are failing to comply. From early July 2009 to October 14, 17 consignments of frozen meat totalling 310 tonnes were imported to HCM City and were found to include harmful microorganisms. According [...]

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Sugar imports allowed but with conditions

October 8, 2009
Sugar imports allowed but with conditions

VietNamNet Bridge – MARD has finally agreed with MOIT and granted quotas for 1000 tonnes of sugar imports. However the quotas come with two requirements which are already predicted to cause problems for businesses. Responding to pleas to be allowed to import sugar, the Ministry of Industry and Trade (MOIT) in late September announced it would [...]

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When is a van not a van?

October 2, 2009
When is a van not a van?

LookAtVietnam – Importers are protesting a Finance Ministry decision that two-seat versions of the Kia Morning and Daewoo Matiz are not vans. Importers ask for tax arrear payment delay The Tax and Customs Agencies, units of the Finance Ministry, have rejected claims (and a Ministry of Transport decision) that two-seat versions of the normally five seat [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...