Trade Ministry

Vietnam plans to build another oil refinery plant to avoid dependence on petrol imports in the long term.

Vietnam has already supplied 128 million phones for the global market in the seven-month period.

The move is aimed at creating favorable conditions for foreign traders to form partnership with their Vietnamese peers.

The Vietnamese online booth, an initiative from the Vietnam’s trade ministry to boost domestic consumption, could be a viable option for enterprises to access the market via a modern distribution channel.

The move is aimed at protecting domestic production and ensure the lawful rights of local manufacturers and related industries using such products, said the Vietnam’s trade ministry.

In the 2011 – 2019 period, Vietnam’s exports grew at an average of 15% annually, and are on track to contribute to an all-time high turnover of US$500 billion in mid-December.