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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.
Ministry of Development (MR) – Central Registration and Information on Business (CEIDG) [70] – company register for natural persons trading as sole traders or their civil law partnerships (searchable); such companies are prohibited from performing certain activities (e.g. operating a life insurance company), and proper agricultural activity ...
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.
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 Single Window (SW) is widely recognised as a key enabler of trade facilitation and has received global endorsement through international frameworks, conventions, and agreements. Its adoption is seen as a benchmark for modernising customs and trade procedures, improving transparency, and promoting seamless cross-border trade.
The Vietnam People's Armed Forces consists of the Vietnam People's Army (VPA), the Vietnam People's Public Security and the Vietnam Self-Defence Militia. The VPA is the official name for the active military services of Vietnam, and is subdivided into the Vietnam People's Ground Forces , the Vietnam People's Navy , the Vietnam People's Air Force ...
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