Anti profiteering rules for real estate

Illustrative photo (Source: VNA) Hanoi (VNA) – The Trade Remedies Authority of Vietnam (TRAV) has recommended that wooden cabinet producers and exporters continue to review the export activities of their products subjected to the US Department of Commerce (DOC)’s anti-circumvention and anti-subsidy investigation. The recommendation was made given DOC’s fresh announcement on extending the time to submit comments and provide feedback to the case by one week. As such, the new deadline is 5pm of June 30 (Eastern Time) or 4am of July 1 (Vietnam time). The authority also requested the producers and exporters to study thoroughly the US’s anti-circumvention regulations and investigation procedures. They were also asked to fully comply with the US side’s request for information provision while working closely with the TRAV during the case settlement. On May 24, DOC launched a probe to find out whether or not wooden cabinets from Vietnam and Malaysia that include components … [Read more...] about Wooden cabinet exporters advised to review activities related to US’s investigation

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

Long An has huge potential for agricultural development, including development of produce for export. In recent years, the province has formed a number of commodity-oriented agricultural production areas. There are more than 200 agricultural product processing enterprises in the province, most of which provide preliminarily processed produce with low added value. Only a few foreign-invested enterprises are capable of intensive processing, and they mainly use imported materials. In 2022, the provincial industry promotion sector will continue to prioritize support for agricultural product processing enterprises Long An has acknowledged the need to develop produce processing and is mobilizing resources to that end. Through a key national industry promotion project, the Industry and Trade Promotion Center of Long An Province has provided practical assistance for agricultural product processors in the region. The HG Food Vietnam Joint Stock Company has invested in a new … [Read more...] about Produce processors receive major help

More than 90 people participating in the meal (Photo: VNA) Paris (VNA) – The committee in support of Tran To Nga who sued US firms for manufacturing the toxic AO defoliant used by US forces during the war in Vietnam on June 24 offered a charitable meal in Paris to raise fund for her lawsuit . The meal, the third of its kind after those in March and May, was participated by more than 90 people, including Vietnamese Ambassador to France Dinh Toan Thang and MP Sandrine Rousseau of the Europe Écologie les Verts (EELV) - Green Party. Nga said she was happy and felt touched when seeing a large number of overseas Vietnamese and French friends attending this event. She stated that this is a great honour and encouragement for her in this arduous and long battle. In 2014, Nga, who used to be a war correspondent in south Vietnam during wartime, sued the multinational companies, including Monsanto - Bayer, that produced or supplied herbicides for the US during the war … [Read more...] about Tran To Nga’s dioxin lawsuit receives encouragement

A worker produces anti-counterfeit stamps at Tien Duong Organic Agricultural Cooperative in Hanoi (Photo: VNA) Hanoi (VNS/VNA) — Despite production and market difficulties due to the pandemic and climate change, many districts, firms and organisations in Hanoi 's agricultural sector have remained strong thanks to the application of science and information technology. It has helped them improve their products’ value and meet the technical requirements of import markets. In the past few years, Hanoi’s agriculture sector has implemented many programmes and solutions to support businesses and cooperatives to promote the application of information technology in the production and processing of agricultural products, which have brought many benefits, such as increasing the product value, food safety management and product information transparency. Tran Sy Hung, Director of Nghia Minh Mushroom cooperative in Dan Phuong district, said his cooperative had applied information … [Read more...] about Hanoi applies IT to enhance value of agricultural products

Reporter: The adoption of VNLOS could be considered the localization of the UNCLOS in Vietnam. Could you please  elaborate more about the policy and principles of Vietnam when applying the above two legal documents to the demarcation of waters and dealing with arising issues at sea in reality, sir? Senior Lieutenant General Nguyen Chi Vinh: First, There are two basic legal documents that we rely on when exploiting resources, protecting and operating in Vietnamese waters. They are UNCLOS internationally and VNLOS domestically. At present, there are a lot of conventions, international laws or legal documents. They are not issued by any courts, but built based on the commitments of coastal and island states. Due to the characteristics of UNCLOS, each country needs to devise its own law of the sea, but basically all of those laws must comply with and be based on UNCLOS. Generally, international conventions or laws at large, not only on the sea, are loose to some extents, but first … [Read more...] about Part 3: Upholding VNLOS is upholding international law