Despite the approaching official operational roadmap for the Carbon Border Adjustment Mechanism (CBAM), misinformation persists, preventing businesses from fully understanding its implications, which in turn leads to ineffective strategies and resource wastage.
Two-way trade between Vietnam and India saw a yearly increase of 13.6% to over 15 billion USD in 2022, statistics from the General Department of Customs showed.
Vietnam exported 3.44 million tonnes of steel and iron worth 2.24 billion USD in the first half of this year, up 21 percent in volume and 4 percent in value from the same period last year.
Southeast Asia has become Vietnam’s biggest iron and steel importer, making up 57.6 percent of the country’s total export volume in the sector, statistics show.
Vietnam’s export turnover to Laos rose by 9.8 percent to 244.6 million USD in the first five months of 2018, according to the General Statistics Office (GSO).
Vietnam recorded a trade surplus of 3.1 billion USD as of April 15, 2018, according to the latest statistics of the General Department of Vietnam Customs.
Thousands of goods items will enjoy a zero percent import tariff in 2018 in line with Vietnam’s commitments on special preferential import duty rates within the framework of 10 free trade agreements (FTA).
