Vietnam Trade Office in Canada

Vietnam is poised to officially export a batch of 7,500 novel coronavirus (COVID-19) test kits to Ukraine and Finland over the coming week. In a bid to deal with the impact of the COVID-19 epidemic, the country has been researching a variety of suitable test kits. Of the tests, the real-time RT-PCR bio-kit conducted by the Military Medical Academy in...

Vietnamese rice exports in 2020 are expected to be more prosperous thanks to a series of free trade agreements (FTAs) coming into force, after plummeting in both export volume and value in 2019. Opportunities from FTAs As one of the leading rice exporters, in recent years, Loc Troi Group has promoted sustainable rice production and export by building closed rice production...

Despite serious blows from the the global health epidemic, Vietnam’s lowered economic growth this year is nevertheless expected to remain far higher than that of regional nations due to its great efforts to create a business-friendly climate, and the knock-on implications of free trade agreements. Global economic analysts TradingEconomics last week released its fresh forecast on the country’s economic growth...

Please kindly find the attached file for the list of the major international trade fairs in Vietnam 2020! The company interested in booking a booth at the exhibition can book via the Trade Office, Vietnam Embassy in Singapore to receive the discount rates and sponsorship of accommodation (If any). Companies interested in doing networking with exhibitors and visitors of the exhibition...

While the Covid-19 pandemic has affected many export industries, the forestry industry still posted growth in both export value and volume with wood and wooden product exports in the first two months of this year hitting US$1.5 billion, an increase of 10.1 percent compared to the same period last year. Frankly, the Covid-19 pandemic affected both sides. The annual international...

Ecommerce sector heats up in Vietnam thanks to more and more foreign investments flowing in Vietnam witnessed a fierce battle in the e-commerce industry, while billions of US Dollars have been invested with no current return. However, it is still attractive for investors, especially those of foreign origin.  The reasons partly came from the scale and market size. In fact, Vietnam...

The Prime Minister has just issued Decision 08/2020/QD-TTg on amending and supplementing a number of articles of Decision No. 24/2014/QD-TTg dated March 24 / 2014 by the Prime Minister on the mechanism to support developing the biomass power projects in Vietnam. The concrete conditions: for cogeneration projects, the electricity price at the delivery point is 1,634 VND/kWh equivalent to 7.03...

The Ministry of Industry and Trade (MOIT) has just issued the Unified Document No. 07/VBHN-BCT for regulating wind power development and Standardized Power Purchase Agreement (PPA) for wind power projects.  Accordingly, the provisions of this document are applied to the investors, management and operation units of wind power projects, electricity buyers, and other relevant organizations and individuals. According to MOIT, the...

The General Department of Customs has guided some local customs units to implement procedures related to tax policies for investment projects. Binh Dinh Customs Department has raised obstacles related to import duty exemption for electric cars for investment project of Hon Ngoc - Bai Tram eco-tourism areas The General Department guided as follow: according to Clause 11, Article 16 of Law...

ASEAN countries have agreed to try and persuade India to return to the negotiating table for the 16-nation Regional Comprehensive Economic Partnership (RCEP) trade deal. Representatives of ASEAN countries also discussed investment service regulations and a flexible open-door market policy among the 16 nations. The discussions were implemented at the preparatory RCEP meeting in the central city – one of a...