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VIETNAM BUSINESS NEWS JUNE 10


VIETNAM BUSINESS NEWS JUNE 10
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 10/06/2021
  
11:30
GMT+7
Vietnam to see export growth as global demand recovers
Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).
The ministry forecasts that Vietnam’s import and export activities will continue to increase in the coming months as free trade agreements (FTAs) are gradually being implemented in a more comprehensive and effective manner.
Those agreements will continue to create conditions for Vietnamese goods to enter to partner markets with preferential tariffs, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Vie ....

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Risks at the fore in global wood trade


Risks at the fore in global wood trade
08:00 | 28/04/2021
Many timber enterprises are facing difficulties as the General Department of Taxation is implementing a series of measures to tighten the management of VAT refunds. Meanwhile, the sector is already coping with accusations of tax evasion and anti-dumping measures in some importing markets.
The wood industry has to take into account developments in US-China trade as well as South Korean anti-dumping probes. Photo: Le Toan
“The Ministry of Agriculture and Rural Development has received documents from the General Department of Taxation (GDT) on tax refunds for timber enterprises,” Deputy Minister of Agriculture and Rural Development Ha Cong Tuan told VIR, adding that the ministry will focus on controlling several companies showing signs of possible violations, including Junma Phu Tho Co., Ltd. and Dai Ngan Co., Ltd. in the northern port city of Haiphong. ....

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