#MOIT

PSNews - According to the Ministry of Industry and Trade (MoIT), the resumption of supply chains in key industries in the first quarter has helped remove bottlenecks in the manufacturing supply chain.

The Ministry of Industry and Trade (MoIT) has licensed the Vietnam National Coal-Mineral Industries Holding Corp., Ltd. (Vinacomin) and Dong Bac Corporation to ship abroad more than two million tonnes of coal this year.

The Ministry of Industry and Trade (MoIT) has been asked to coordinate with the Ministry of Natural Resources and Environment (MoNRE) and relevant ministries and sectors to conduct research for setting up a renewable energy centre in the coming time.

PSNews - Recently, the Ministry of Industry and Trade in collaboration with the British Embassy in Hanoi launched  updated version of its 2050 pathways calculator, a tool that allows users to trial different options for reducing emissions at a faster rate and to build a pathway that meets long-term emission targets to 2050.

Vietnam has benefitted from implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as two-way trade between it and other CPTPP markets rose 23.36% to US$52 billion during the seven-month period, according to the Ministry of Industry and Trade (MoIT).

France increased its import of coffee from several major global suppliers, but reduced the import from Vietnam in the first half of the year, according to the Ministry of Industry and Trade.

Steel prices have hit a new high after a series of rapid increases from May through June 2021 when they increased by more than 50 percent compared to the beginning of the year.

The nation recorded an estimated trade deficit of US$1.47 billion during the first half of the year, according to figures released by the Ministry of Industry and Trade (MoIT).

There have been a number of positive signs for local industrial production during the opening five months of the year, mostly coming from the domestic processing and manufacturing sectors.

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.

The “Policy Dialogue Meeting on the Distribution and Logistics Industry between Vietnam and the Republic of Korea” (RoK) was held via videoconference on April 9 by the Ministry of Industry and Trade (MoIT) and the RoK’s Ministry of Trade, Industry and Energy (MOTIE).

The ten months of the year witnessed the nation's exports to the Eurasian region record impressive growth, with two-way turnover reaching a sum of US$10.34 billion, marking a rise of 17.98%, according to figures released by the Ministry of Industry and Trade (MoIT).

Vietnam’s total export turnover during the past 11 months rose 5.5% to US$254.93 billion, with the US becoming Vietnam’s largest commodity consumer, according to the Ministry of Industry and Trade (MoIT).

The nation’s exports to the ASEAN market this year are expected to reach US$23.6 billion, while the average growth rate for the 2016 to 2020 period is predicted to witness a low level of growth at 5.26%, according to the latest report released by the Ministry of Industry and Trade (MoIT).

A total of 12 Vietnamese enterprises have been granted permission to re-export their seafood products to the Saudi Arabian market, according to information released by the Ministry of Industry and Trade (MoIT).

Vietnam’s export is set to grow 5% annually from 2021 to 2025 to reach US$340 billion in 2025, according to the Ministry of Industry and Trade (MoIT)’s plan on socio-economic development for the five-year period.

The Ministry of Industry and Trade (MoIT) and the Italian Ministry of Foreign Affairs and International Cooperation have signed an agreement to establish a new Joint Commission on Economic Cooperation.