A new rule from the U.S. Treasury Department and Customs and Border Protection will allow importers to delay payment of some tariffs for 90 days on goods imported during March and April 2020, according to a release from the agencies.

The Ministry of Industry and Trade (MoIT) on Monday issued regulations and an invitation to carry out an auction of import tariff quotas on used automobiles for this year.

Surviving during and after the Covid-19 pandemic is a concern for many enterprises. According to experts, it is important for enterprises to choose a suitable method of existence and development.

The country’s shrimp exports to the United States between the beginning of the year and March 15 enjoyed a surge of 16% to approximately US$93 million in comparison with last year’s corresponding period, according to figures released by the General Department of Vietnam Customs.

The Vietnam - EU Free Trade Agreement (EVFTA) is expected to have a positive impact on employment and social welfare, with the number of jobs and the wages of workers poised to increase, according to the Ministry of Industry and Trade (MoIT).

Vietnam is a strong candidate among the alternative investment destinations as Japanese enterprises are moving away from China due to the COVID-19 pandemic, according to Hirai Shinji, Chief Representative of the Japan Trade Promotion Organisation (JETRO) in Ho Chi Minh City

Free trade agreements (FTA), including the latest one signed between Việt Nam and the EU, will benefit the domestic fertiliser sector, with more diverse import and export markets, experts said.

In Vietnam, where cash is the predominant means of payment, banknotes risk becoming a carrier of disease. As the coronavirus (Covid-19) outbreak remains complicated, it unexpectedly creates an opportunity to promote non-cash payment methods.

Who would have guessed that in a brief period of time, a market and a city would become known the world over, and the world would face a crisis as severe as or worse than the flu pandemic of 1918.

The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the COVID-19 pandemic, warning that export controls on medical supplies and other essentials could backfire.