The move is aimed at creating favorable conditions for foreign traders to form partnership with their Vietnamese peers.
Given the significant contribution of Vietnamese exporters to a successful year of Vietnam trade in 2020, the Ministry of Industry and Trade (MoIT) along with the Vietnam Chamber of Commerce and Industry (VCCI) and other business associations have launched the annual selection process for “Credible exporters in 2020”.
Cargo handling at Dinh Vu port, Hai Phong. Photo: Pham Hung |
The move is aimed at creating favorable conditions for foreign traders to form partnership with their Vietnamese peers.
The list of candidates for the title of Credible exporters in 2020 should be submitted to the MoIT for evaluation on April 20, 2021 at the latest.
Applicants having issue with tax authorities or violate environmental laws are not eligible for the selection.
Enterprises violating local laws and regulations, currently operating at a loss, in the dissolution process, or receiving warning from import countries would be excluded from the list of “Credible exporters” and ruled out for next year’s selection process.
Despite severe economic consequences from the Covid-19 pandemic, Vietnam continued to post positive trading performance in 2020 with a trade turnover of over US$500 billion for a second consecutive year. Of the figure, Vietnam exports rose by 6.5% year-on-year to US$281.5 billion, and was among economies with the highest export growth during the pandemic.
Other News
- Vietnam seeks to strengthen ties with Finland
- Vietnam urged to soon implement PDP VIII
- Argentina seeks to elevate ties with Vietnam to strategic partnership
- Vietnamese Gov’t to strengthen gold market management
- South Korea to increase ODA by 50% to Vietnam in 2024
- Vietnam a priority for Dutch businesses in Southeast Asia
- Hanoi promotes legal awareness and consumer rights protection initiatives
- Vietnam seeks Japan’s new-generation ODA for major transport projects
- Finance ministry expected to impose 50% duty on e-cigarettes
- South Korea’s SK Group eyes green hydrogen project in Vietnam
Trending
-
World Bank looks forward to stronger ties with Vietnam: country director
-
Vietnam urges respect for international law in East Sea
-
Hanoi kicks off communication contest on Dien Bien Phu victory
-
French education group Odyssey keen on strengthening cooperation with Hanoi
-
Hanoi, Shanghai strengthen investment cooperation
-
UOB Painting of the Year Award opens doors to the world for Vietnamese artists
-
Grapefruit blossom perfume Hanoi's air
-
MICE tourism: Vietnam's lucrative “golden market” unveiled
-
Vietnam: Sleep Tourism on the rise