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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%.
This year, the U.S. International Trade Commission renewed anti-dumping duties of 25.76% on frozen farmed shrimp from Vietnam, but duties on shrimp from Thailand, a market economy, are only 5.34%.
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.
HANOI (Reuters) -Vietnam said Chinese online retailers Shein and Temu need to register with the government before the end of November or it will block their internet domains and apps from being ...
The BTA extended to Vietnam “conditional most favored nation (MFN) trade status”, [2] also known as “normal trade relations” (NTR). [2] On December 29, 2006, President George W. Bush granted the permanent normal trade relations (PNTR) status to Vietnam which was part of Vietnam’s accession to the World Trade Organization (WTO). [9]
The Government Office (Vietnamese: Văn phòng Chính phủ - VPCP) is a ministry-level agency in Vietnam that assists the Government and the Prime Minister.The Government Office is headed by a Chief, which is officially designated as the Minister-Chairman of Government Office (Bộ trưởng, Chủ nhiệm Văn phòng Chính phủ), being a minister-level position of the Vietnamese cabinet.