The Ministry of Industry and Trade (MoIT), on January 27, said that the petroleum sale in Ho Chi Minh City was stable. Petrol stations normally operated to serve the travel needs of people, and there was no situation of hoarding and overcharging.
The Ministry of Industry and Trade (MoIT) held a seminar to review the three years of the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 26 in Hanoi.
The Trade Forum on Cooperation with Partners from Eurasia Region 2022 took place in Hanoi on December 2, providing the Vietnamese business community with up-to-date information on market conditions, foreign trade policies, and investment opportunities in the region.
The Ministry of Industry and Trade has recently issued a document saying that the Gau Do (Red Bear) instant noodles of Asia Foods Corporation were found by Taiwanese authorities to have inappropriate Ethylene Oxide content.
Vietnam Electricity (EVN) yesterday informed that the pause of mobilizing over 172MW of electricity from Trung Nam Solar Power (the largest in Vietnam, sited in Ninh Thuan Province) is in compliance with the regulation because of a lack of a price mechanism.
The Government Office, on October 12, issued an announcement on the conclusion of Deputy Prime Minister Le Van Thanh at a meeting on the management and administration of petroleum products for the domestic market.
According to the Ministry of Industry and Trade (MoIT), generally, the total retail sales of consumer goods and services in the first eight months of 2022 have a larger scale and higher growth rate than the same period in recent years and are much higher than the period before the pandemic.
Minister of Industry and Trade Nguyen Hong Dien, on July 29, signed and promulgated Official Dispatch No. 4436 requesting the Head of the Vietnam Directorate of Market Surveillance and the heads of the Market Surveillance Agency in municipalities to strengthen inspection and supervision of the market, ensuring the balance of supply and demand.
The Office of the Ministry of Industry and Trade (MoIT) and the Trade Promotion Agency, on the afternoon of April 22, informed the press that the EU market needed to import a large volume of seafood after the pandemic, opening up opportunities for Vietnamese seafood enterprises.
The Ministry of Industry and Trade (MoIT) has issued Decision No.706/QD-BCT on the imposition of temporary anti-dumping tax rates on some types of welding materials of the Malaysian, Thai, and Chinese origins.
"If the world gasoline price continues to rise, the Ministry of Industry and Trade will propose to reduce other taxes and fees further. When all the tax tools are used, but the petrol prices remain high, the ministry will propose competent authorities to use the welfare funds to support the poor and businesses that use a large volume of petrol products," Minister of Industry and Trade Nguyen Hong Dien said.
The Ministry of Industry and Trade (MoIT) coordinated with the American Chamber of Commerce and the US - ASEAN Business Council to organize the Vietnam - US Trade Forum 2021 on December 7.
Domestic retail prices of petrol and oil products were allowed to adjust to the new selling price, with an increase of more than VND1,400 per liter for gasoline and more than VND1,000 per liter for oil as of 4 p.m. on October 26. As the global oil prices have risen to the highest level in the past seven years, while the Fuel Price Stabilization Fund has almost been exhausted, the most feasible solution is to reduce taxes to share difficulties with consumers and businesses.
The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
The office of the Ministry of Industry and Trade (MoIT), on the morning of August 28, informed the press that it has urgently verified information related to the warning of the Food Safety Authority of Ireland (FSAI) about instant noodle Hao Hao and instant cellophane noodle Good by Acecook.
The prices of many domestic and imported raw materials have climbed by 10-300 percent. This fact has put many enterprises, especially food and foodstuff manufacturing enterprises, at risk of having to increase their selling prices. Amid such context, the Ministry of Industry and Trade (MoIT) has issued regulations to restrict the export of some groups of raw materials in the production chain of domestic enterprises. This is a necessary solution to lower the cost of these items.
Minister of Industry and Trade Nguyen Hong Dien has just signed an official dispatch proposing the Prime Minister to direct the opening of the green channel to ease congestion and difficulties for the rice market in the Mekong Delta with two options.
Amid the situation that fertilizer prices in the domestic market jumped by 50-72 percent, the Ministry of Industry and Trade (MoIT) and the Ministry of Agriculture and Rural Development (MARD) had an online meeting to propose solutions to control prices and fight against hoarding and profiteering, on August 11, in Hanoi.
Although the growing area of rice this year decreased compared to last year, paddy prices in the Mekong Delta still plunged sharply, with some rice varieties falling by VND1,300 per kg because enterprises could not export after purchasing paddy.
