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The former Ministry of Trade has its origins in 1945 with the formation of the modern National Unification Cabinet, and became a ministry in its own right in 1955. [1] The Ministry of Trade merged with the Ministry of Industry in 2007 to form the Ministry of Industry and trade. The current Minister of Industry and Trade is Nguyễn Hồng Diên.
In the 1980s, the Vietnamese government, acting under Communist Party supervision, continued to regulate and control all foreign trade. The Ministry of Foreign Trade managed trade and was responsible for issuing of import and export licences and approving any departures from the formal economic plan on an ad hoc basis. There was considerable ...
The Ministry manages the work of national accounting, state borrowing, the activities of stock markets, and the Department of Customs. [1] The Ministry's main offices are located in Hanoi . The Ministry of Finance directly owns and controls some state companies, such as Bao Viet Insurance, of which it owns 71%.
Vietnam's GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam's trade surplus with the U.S. could put it at risk of new tariffs.
The Government was headed by the president, which was the second highest position in Vietnam. Under the president was the Cabinet, which was headed by the prime minister (Thủ tướng). From 1959 to 1980, based on the 1959 Constitution, the executive branch was named as the Council of Government (Hội đồng Chính phủ). The Council of ...
South Korea (Source: Ministry of Foreign Affairs and Trade, Minister for Trade – Free Trade Agreement Department) is negotiating or is planning bilateral agreements with the following countries and blocs: Mexico (SECA 3rd round of talks in 14~16 June 2006) Canada(10th round of talks in 23 April ~ 27 April 2007, Seoul) MERCOSUR (preparation study)
Vietnam's large trade surplus with the United States may reignite tensions with Washington in the event of a second Trump presidency, analysts warned, as exports of solar panels and other ...
U.S. - Vietnam Trade Relations refer to the bilateral trade relationship between the United States of America (U.S.) and the Socialist Republic of Vietnam (Vietnam) from 1990s to 2012. After more than two decades of no economic relationship since the end of the Vietnam War , [ 1 ] the two governments reestablished economic relationship during ...