The International Monetary Fund (IMF) published its global economic growth rate estimates in its latest report, called the World Economic Outlook.

For each container of woodwork shipped from the Cat Lai port in Ho Chi Minh City, Vietnam, to the United States, exporters have to pay up to US$25,000.

According to the Decision No. 508/D-TTg approving the Strategy for Tax System Reform to 2030 signed by Deputy Prime Minister Le Linh Khai, Vietnam will have a road map to increase excise taxes on tobacco, and alcohol products.

Economic sectors, localities and businesses should be considered the drivers of the nation's green growth and sustainable development strategy, experts have said.

Experts urged enterprises to make preparations to be able to take opportunities arising from the Regional Comprehensive Economic Partnership (RCEP).

The UK has announced further trade sanctions against Russia, expanding the list of products facing import bans and increasing tariffs.

Experts said there remain huge opportunities for Vietnam’s agricultural exports despite the impacts of the Russia-Ukraine conflict on global trade, especially with the diversified network of trade agreements that the country is a part of.

At a recent Investment Promotion Conference in Vinh Phuc province, K.C Chen, Deputy CEO of Compal Vietnam Co., Ltd (Taiwan) outlined the operation of its 500 million USD laptop factory in Vinh Phuc.

The Covid-19 pandemic, the conflict between Russia and Ukraine, and the increase in world oil prices make it difficult for enterprises to reduce the cost of import and export activities in recent years.

The first quarter of 2022 saw shrimp exports hit US$955 million, up 44% over the same period last year thanks to high demand from Vietnam’s major markets and effective use of free trade agreements (FTAs).