Vietnam Today

The Ministry of Finance (MoF) is finalizing a new tax and fee support package for businesses facing difficulties because of Covid-19, totaling about VND24 trillion ($1.04 billion). In the time to come, the ministry will also strive to remove difficulties in valuations and land issues as well as strengthen directions to effectively implement equitization.

The Trade Remedies Authority of Vietnam (TRAV) at the Ministry of Industry and Trade (MoIT) has decided to extend the time limit for foreign manufacturers and exporters submitting answers to questions in investigations into the application of anti-dumping measures on some steel products originating from China and South Korea to 5pm on August 9, 2021.

On June 25, the Minister of Health Mr. Nguyen Thanh Long, discussed with two large Korean corporations including SK Group and Samsung about cooperation in the medical field.

The Vietnamese Trade Office in Australia is launching Vietnamese Dragon Fruit Week in several major Australian cities from July 21 to August 10, to further popularize the tropical fruit in the lucrative market and promote its uninterrupted export amid Covid-19.

The 15th National Assembly (NA) adopted a resolution on July 23 regarding the government’s organizational structure for the 2021-2026 tenure. The government will remain the same in terms of organizational structure and number of ministry and ministerial-level agencies, with 18 of the former and four of the latter.

The United States Trade Representative (USTR) has announced an official decision to not apply trade adjustment measures to Vietnam. The reason is the recent agreement between the US Department of Finance and the State Bank of Vietnam (SBV), in which the SBV provided satisfactory solutions to an investigation of Vietnam’s monetary policy under Section 301 of the US Trade Act of 1974.