Domestic Market

This section reports on developments in Vietnam’s domestic market, including consumer trends, retail activity, market management, and issues related to goods circulation and pricing.

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    CBAM & Vietnam Steel: Adapting for Sustainable Exports

    ByVN Industry and Trade Bulletin

    Strengthening CBAM Implementation: Steel Industry Adapts for Sustainable Exports The Government has assigned the Ministry of Industry and Trade (MOIT) as the focal agency to coordinate with relevant Ministries and sectors to build and deploy effective measures to respond to the Carbon Border Adjustment Mechanism (CBAM). MOIT Leads the Charge The Government Office recently issued Notice No. 6082/VPCP-NN to key Ministries (Industry and Trade, Natural Resources and Environment, Public Security, Finance, etc.) regarding the deployment…

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    Gov Tasks MOIT to Lead Dialogue on EU’s CBAM Implementation

    ByVN Industry and Trade Bulletin

    The Government has assigned the Ministry of Industry and Trade (MOIT) to coordinate and proactively engage in dialogue with partners during the implementation of tasks regarding the EU’s Carbon Border Adjustment Mechanism. The Government Office recently issued Notice No. 6082/VPCP-NN to the Ministries of Industry and Trade (MOIT), Natural Resources and Environment (MONRE), Public Security, Justice, Finance, Planning and Investment, Transport, Agriculture and Rural Development, Foreign Affairs, and the State Bank of Vietnam regarding the…

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    EU’s CBAM: Opportunity or Challenge for Vietnam?

    ByVN Industry and Trade Bulletin

    The CBAM Mechanism: Opportunity or Challenge for Vietnamese Exports? The EU’s Carbon Border Adjustment Mechanism (CBAM) is an environmental trade policy involving tariffs applied to imports from carbon-intensive producers. This mechanism is regarded as both a barrier and an opportunity for Vietnamese export enterprises. To better understand this issue, Industry and Trade Newspaper conducted an interview with Mr. Ma Khai Hien, Director of the Research and Development Center for Energy Savings (Enerteam). Reporter: Sir, how…

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    Vietnam Industry and Trade News Bulletin for JANUARY 15, 2016

    ByVN Industry and Trade Bulletin

    A. OUTSTANDING GENERAL ECONOMIC NEWS 1. Budget Transparency and Administrative Reforms • Low Budget Transparency: Vietnam scored only 18 out of 100 on the Open Budget Index, significantly lower than the global average of 45,. The country is ranked in the lowest group, characterized by providing “little” or “no” public budget information. • Tax and Customs Reform: The Ministry of Finance aims to reduce at least 10% of tax administrative procedures and simplify 20% of…