Ha Tien city and Giang Thanh district have been asked
to build a list of border trade infrastructure items, with priority given to
connectivity with Cambodian localities, according to the Vice Chairman of the
provincial People’s Committee Nguyen Duc Chin.
Kien Giang has also supported trade promotion and the
attraction of investments in border trade infrastructure construction.
Local competent agencies have taken measures to
simplify
administrative procedures in order to make it easier for traders and
border residents in customs clearance.
The province has effectively implemented cooperation agreements
with Cambodian localities and joined hands with the Cambodian side in national defence
Illustrative image (Photo: VNA)
Hanoi (VNA) – Domestic leather and footwear firms have no choice but to convert their production activities as difficulties are expected to linger through this year due to the impact of the
COVID-19 pandemic, experts have said.
According to
Phan Thi Thanh Xuan, an expert from the project on promoting reform and enhancing connectivity of small and medium-sized enterprises funded by the US Agency for International Development (
USAID), the industry had been negatively affected since the outbreak of the pandemic last year.
At that time, most enterprises merely had enough materials for production until the first week of March. From March onwards, the pandemic spread shut down the European and US markets where almost all stores were closed and sales fell freely.
More trade remedy investigations are expected in 2021. (Photo: VNA)
Hanoi (VNA) - The
Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021.
Vietnam’s participation in 14
free trade agreements (FTAs) has helped fuel its trading activities.
MoIT data shows that export turnover boomed from 15 billion USD in 2001 to nearly 100 billion USD in 2011 and then 281.5 billion USD in 2020. The figure is expected to rise 4-5 percent this year.
Sharing the same upward trend in exports, however, is the number of trade remedy cases instigated against Vietnamese goods.
Vietnamese exports, including major foreign currency earners like shrimp, tra fish, steel, and wooden products, have been subject to nearly 200 trade remedy cases so far.