Thứ Tư, 27 tháng 4, 2022

 

VIETNAM BUSINESS NEWS APRIL 27

 16:27                                  

 US extends deadline for issuing conclusion on anti-dumping probe into plywood imported from Vietnam


 The US Department of Commerce (DOC) has announced the extension of deadline for issuing the final conclusion on the anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).

Accordingly, the DOC plans to issue the conclusion on October 17 instead of April 20. This is the third extension that the DOC has made on the case, which was launched on June 17, 2020 following a request by the US Customs and Border Protection (CBP).

The MoIT said that the purpose of the investigation is to ensure the efficiency of trade remedies imposed on hardwood plywood of China.

Therefore, in case Vietnam's plywood manufacturers and exporters can prove that they are not evading the trade remedy measures the US is applying to China, they will not be subject to the anti-subsidy tax rates.

Korean financiers eye greater investment in Hai Phong

Investors from the Republic of Korea (RoK) have developed a greater presence in multiple fields in the northern port city of Hai Phong, including garments and textiles, electronics, automobiles, finance and banking.

Most notably, the majority of investment projects in industrial parks and zones come from the world's leading technology corporations such as LG, Heesung, Ohsung, and Woosung.

Le Trung Kien, head of the Hai Phong Economic Zone Authority (HEZA), said that among the RoK investors pouring capital into Hai Phong, the most prominent one is LG Group which has seven projects capitalised at US$7.24 billion, mainly operating in the fields of high-tech products such as audio-visual equipment, as well as mobile and home appliances.

The total number of projects by LG group and supporting industry businesses have therefore contributed roughly 97% of the total FDI capital put in by RoK investors in industrial and economic zones in Hai Phong.

Last year witnessed revenue from RoK-invested firms reach US$13.1 billion, while export turnover also hit US$13.59 billion.

Skoda Auto of Czech Republic eyes Vietnam, ASEAN markets

Skoda Auto, the leading automobile manufacturing of the Czech Republic, wants to invest in Vietnam to tap into a market of nearly 100 million consumers and to expand to Southeast Asia, said an executive of Skoda Auto.

Petr Janeba, head of Sales China, Asia and Overseas of Skoda Auto, was speaking while receiving Vietnamese Ambassador to the Czech Republic Thai Xuan Dung and other officials of the Embassy at the manufacturer’s headquarters recently.

Janeba said the Vietnamese market holds great potential, high growth prospects, friendly business and investment environment in line with Czech requirements for export markets.

By investing in Vietnam, Skoda Auto wants to penetrate ASEAN - a lucrative, large market in Southeast Asia that boasts approximately 600 million consumers, he added.

Skoda Auto has planned to seek a location in Vietnam to set up a production line. The group has since late 2021 sent a number of delegations to work with relevant Vietnamese ministries and agencies, as well as the administration of Quang Ninh province to explore the market and find partners.

Early this year Skoda Auto unveiled a plan to develop a car factory in Quang Ninh, and if everything goes according to schedule, the first Skoda cars are expected to come out next year.

VN's logistics must keep up with international standards

There has been great pressure on Viet Nam's logistics industry to train, retrain and upgrade workers' knowledge as well as to keep up-to-date with international standards and measures, according to the Vietnam Logistics Business Association (VLA).

In a recent survey by VLA, 59 per cent of businesses asked said they need to train their workers on modern quality management systems such as ISO 9001, ISO 14001, ISO 17025, HACCP, and ISO 22000.

Meanwhile, industry experts have said it's high time Viet Nam established its own quality management system that is tailor-made to include small-and-medium-sized businesses, the country's infrastructure characteristics, means of transportation, and energy consumption.

According to a report by World Bank, Viet Nam's logistics industry has made much progress in the last three decades. The country's criteria including customs, infrastructure, and logistical capacity have improved significantly. The Southeast Asian economy's Logistics Performance Index (LPI) ranked 3/10 among the bloc's member countries in 2018, after Singapore and Thailand.

Binh Dinh extends coastal road

Authorities in the southern province of Binh Dinh have started construction of a seven-kilometre coastal road that connects Hoai Nhon Town and Tam Quan Ward.

The VND700 billion (USD30.43 million) road includes VND400 billion in funding from the state budget. The four-lane road is expected to be completed in two years.

Thach Khe iron ore mining project awaits restart date

The long-delayed Thach Khe iron ore mining and refining project is seeking the government's permission for resumption following a recent report sent by Vietnam Coal and Mineral Industries Group.

The project that is financed by Thach Khe Iron JSC (TIC) has undergone a long period of careful research, appraisal, and approval by national and international councils as well as the government. Despite meeting the legal requirements, the Thach Khe iron ore mining and refining project has been stagnant for years.

Commenting on the feasibility of the project, Pham Le Hung, chairman of the Board of Directors at Thang Long Mining and Trading Investment JSC, said that following the evaluation of local and foreign scientists, the project has adopted appropriate environmental protection measures to ensure safe and effective implementation.

After shutting down, the project will leave a large freshwater lake with surrounding trees. The landscape is suitable for developing a park, a resort, and tourism. Once put into operation, the project will not only form a densely populated area but also promote services in the neighbourhood. This will create favourable conditions to develop other projects in the future.

Hung noted the concerns of Ha Tinh People's Committee and the Ministry of Science and Technology about transporting iron ore from the Thach Khe iron ore mine to Vung Ang Port. They are afraid that this will place more pressure on the load capacity of the road, affecting the safety of people and other means of transportation.

In the first phase, the project is planned to transport five million tonnes of iron ore per year. A 40-tonne truck will set off to make the journey every five minutes. A survey of the National Highway No.1A route through the Ben Thuy toll stations, Ha Tinh Bypass, and the Ngang Pass tunnel shows that there are currently less than 10 vehicles every five minutes.

Regarding the consumption market, Hoa Phat Group has committed to buying all of the ore at market prices. This not only ensures efficient operation but also limits iron ore imports and foreign currency bleeding.

Vietnam approves tax system reform strategy until 2030

Deputy Prime Minister Le Minh Khai has signed a decision on approving the tax system reform strategy until 2030 with the goal of streamlining tax management and expanding the tax base.

Under the programme, Vietnam’s tax policy system will be perfected in line with international practices while meeting the resource requirements to implement the 2021-2030 socio-economic development strategy.

The tax system will include the following: value added tax, special consumption tax, export-import tax, corporate income tax, personal income tax, natural resource tax, agricultural land use tax, non-agricultural land use tax, and environmental protection tax, along with other taxes and fees.

With regards to tax management, Vietnam aims to raise the rate of taxpayers’ satisfaction with the service of tax agencies to at least 90% by 2025 and 95% by 2030.

The rate of supporting taxpayers through electronic means is expected to reach 70% by 2025 and 90% by 2030.

By 2030, the rate of tax filing and payment conducted electronically will reach at least 98% for enterprises and organisations and upwards of 90% for individuals.

Vietnam will also create an integrated and centralised information system to meet all the demand of collecting, processing, storing and using data for tax management and providing online services for taxpayers.

FLC Faros gets new board chairperson

Nguyen Binh Phuong has been picked as new board chairwoman of FLC Faros Construction Joint Stock Company (ROS), replacing Huong Tran Kieu Dung who was arrested for alleged stock market manipulation.

The 49-year-old took up the post of general director of FLC Faros on November 30, 2020.

The company on April 21 announced its leadership shakeup. Le Tuan Hung, permanent deputy general director of the firm, was assigned to the post of deputy general director, while Tran The Anh replaced Hung as permanent deputy general director.

Anh, aged 44, used to hold some senior positions in the FLC ecosystem, such as deputy general director of FLC Group, chairman of CFS Investment And Import Export Trading Joint Stock Company, and chairman of FLC Mining Investment & Asset Management Joint Stock Company.

On April 8, Huong Tran Kieu Dung was prosecuted and detained for allegedly assisting the then FLC chairman Trinh Van Quyet with manipulating the stock market. Aside from serving as FLC Faros chairwoman, Dung was serving as permanent vice chairwoman of FLC Group and chairwoman of BOS Securities Corporation.

Workers in HCMC find it hard to buy social homes

Housing is increasingly unaffordable for low-income earners, while they find it hard to access social homes due to the complicated procedures for purchase and an undersupply.

The demand for affordable homes is huge, but the number of such homes available remains small, Tran Thi Dieu Thuy, chairwoman of the HCMC Labor Federation, said at a meeting between the HCMC People’s Council and 500 female workers in the city on April 24.

Huynh Thanh Khiet, deputy director of the HCMC Department of Construction, said that 10 groups of workers are entitled to social housing in line with the 2014 Housing Law.

As State capital is limited, a majority of housing projects are funded by enterprises. As for non-State budget projects, the investors of these projects will be in charge of selecting the documents of house-buyers and transfer them to the municipal Department of Construction for consideration.

Speaking at the meeting, Nguyen Thi Le, chairwoman of the HCMC People’s Council, said that the city should focus on developing social homes for laborers and add some 35,000 homes in the 2021-2025 period.

Binh Duong to pour capital into construction project of Ring Belt No.3

The People’s Council of the Southeastern province of Binh Duong pledged to provide a state budget of 50 percent of the total investment capital to implement the construction project of a section running through the province of the Ring Belt No.3.

The road is 76.34 kilometers long, including the 10.76-kilometer section running through Binh Duong Province, and passes HCMC and the provinces of Dong Nai and Long An.

The project requires a total investment of nearly VND75.4 trillion VND (US$3.3 billion) which will be sourced from central and local budgets, including over US$24 trillion (US$1 billion) from HCMC’s budget.

The Ring Road No. 3 project is expected to be kicked off in 2022 and completed in 2027, aiming at helping ease traffic jams in HCMC and connect with the southern key economic zone.

Advertising activities in HCMC to be more strictly monitored

The Standing Committee of Ho Chi Minh City People’s Council has just sent a formal document to the Standing Committee of HCMC People’s Committee regarding firmer management on advertising activities in the city.

A recent survey in HCMC reveals inadequacies in the advertising field in the city. For instance, proper advertising planning has not been done yet. The management mechanisms between agencies, departments, and localities are not consistent, leading to ineffective monitoring, especially on post-checking work. The result is the content of certain advertisements does not observe the law (using foreign languages, content not in accordance with regulations, being unlicensed).

Particularly, individuals and businesses find it challenging to register for an advertising permit due to loose cooperation among state agencies to fulfill the request. Advertising posters, panels sometimes violate regulations on size and encroach sidewalks or pedestrian-only ways, which negatively affects urban traffic.

The address the above issues, the Standing Committee of HCMC People’s Committee is asked to direct related agencies and the local authorities of all districts, Thu Duc City to quickly complete their own advertising planning; develop a simple, detailed procedure for advertisement permit registration, with each agencies being responsible for a specific step; issue cooperative regulations among related agencies and departments in the city as to regularly checking advertising activities and strictly punishing any violations.

The post-checking task must be done frequently, especially in the rainy season, to ensure safety. Finally, advertising activities on the Internet, on LED boards, and via SMS must be closely monitored.

Six central provinces team up to promote tourism

The central provinces of Phu Yen, Binh Dinh, Quang Ngai, Dak Lak, Gia Lai and Kon Tum have signed a joint cooperative program on tourism development.

The signing ceremony took place on the sidelines of a recent tourism forum jointly hosted by the Kon Tum provincial People’s Committee and the Ministry of Culture, Sports and Tourism.

The program aims to exploit potential tourism advantages of each locality; promote tourism development in a sustainable manner, contribute to job generation and improve people’s living standards.

In addition, the Plan for Tourism Development in the Cambodia – Laos – Viet Nam Development Triangle Area for 2021-2025 with a vision towards 2030 was announced on this occasion.

Under the three countries will cooperate to develop a common border area including five provinces of Viet Nam namely Dak Lak, Dak Nong, Gia Lai, Kon Tum, Binh Phuoc along with the provinces of Laos and Cambodia.

The plan focuses on developing infrastructure, common tourism products, and trade.

Ca Mau Airport upgrade may need over VND100 billion

The Civil Aviation Authority of Vietnam (CAAV) has just proposed a plan to upgrade the Ca Mau Airport which may need VND100 billion (USD4.56 million) in funding.

In a report recently sent to the Ministry of Transport, CAAV said that Ca Mau Airport now has a 1,500-metre-long runway, a taxiway and plane parking area with two slots.

The airport can now only serve the ATR 72-500, AN-2, MIA-17, King Air B200 and similar planes. Only VASCO currently operates these models. The ATR 72-500 is already being used for the direct Ca Mau-HCM City flights.

According to CAAV, Bamboo Airways has proposed to operate the Embraer 190 plane from Ca Mau Airport to Hanoi and HCM City.

To serve that plane, it is necessary to upgrade the runway, taxiway, and parking area at the airport, which is estimated to take two and a half months and cost VND105 billion.

Revitalizing tourism activities in post-pandemic era

Minister of Culture, Sports and Tourism Nguyen Van Hung said that the ministry and localities have deployed various measures to activate tourism activities in post-pandemic perid.

The minister praised the forum themed “Kon Tum Tourism – Potentials and Prospects for 2022”, serving to create favorable chances for travel companies to sign contracts on this field.

Within the framework of the forum, Kon Tum introduced its tourism logo and slogan, and sign cooperation documents with other localities, associations, enterprises and investors.

A hot air balloon festival is being held for the first time in the Central Highlands province of Kon Tum from April 23-24 to celebrate the 47th anniversary of the Liberation of the South and National Reunification (April 30).

Over 412,000 square meters of floor area in Hanoi completed in Q1

During the first quarter of 2022, over 412,000 square meters of floor area, equivalent to 3,877 new apartments, have been built in Hanoi, according to a report from the municipal Department of Construction.

These included 282,448 square meters of commercial housing projects, or 2,707 apartments, and 130,220 square meters of social housing ones, or 1,170 apartments.

The city expects by late 2022 to complete one social housing project of 110,704 square meters, or 1,496 apartments, and 26 commercial projects with a combined floor area of 2.33 million square meters, equivalent to 13,724 apartments.

In the coming time, the city would carry out a survey on the current housing status and map out a plan for housing development until 2030, with a vision for 2040, he added.

For the 2021-2025 period, Hanoi plans to build 44 million square meters of housing to meet the growing demands of the public.

Upon breaking down, social housing projects would make up 1.25 million square meters, other 560,000 square meters correspond to resettlement houses, while commercial housing totals 19.69 million square meters, and detached houses 22.5 million square meters.

Vietnamese banks gain impressive business results in Q1

Many banks have reported large profits of up to trillions of Vietnamese dong in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs.

Vietnam Prosperity Commercial Joint Stock Bank (VPBank) topped the list with profit nearly tripling over the same period last year to more than 11.1 trillion VND. The record high profit contributed to bringing the bank's equity to more than 95 trillion VND and capital adequacy ratio (CAR) to more than 15 percent.

VPBank’s impressive profit was thanks to high income from service fees (26.5 percent) and notably from a bancassurance contract with AIA - which helped the bank increase its revenue from other activities nine times.

Besides VPBank, three banks - Saigonbank, LienVietPostBank and PG Bank - also announced Q1 2022 financial statements with strong profit growth in the first quarter of the year.

At Saigonbank, pre-tax profit reached more than 98 billion VND, up nearly 68 percent over the same period last year and fulfilled 52 percent of the annual plan thanks to all its business segments gaining positive results.

Accordingly, Saigonbank’s net interest income surged by nearly 48 percent over the same period last year while service activities also increased by 11.6 percent. Notably, the bank's foreign exchange and other business activities grew strongly by 137 percent and 189.6 percent, respectively.

LienVietPostBank’s pre-tax profit increased by 62 percent over the same period last year, reaching more than 1.79 trillion VND, in which net interest income grew by 40 percent due to the rising scale of retail lending and the interest recovery of loans restructured due to COVID-19.

LienVietPostBank’s net profit from service activities increased by 34.4 percent to 217.4 billion VND thanks to services such as insurance, card and digital banking. Other business activities also brought the bank more than 191 billion VND in net profit, increasing many times over the same period.

At other banks, though they have not yet announced their financial statements, Saigon Securities Incorporation (SSI) estimated more than ten banks gaining double-digit profit growth rates in Q1 2022.

According to SSI, Saigon-Hanoi Commercial Joint Stock Bank (SHB) ranked second behind VPBank with an estimated profit growth of 92 percent to 3.2 trillion VND, thanks to the credit growth of 5 percent and deposit growth of 2.5 percent compared to the beginning of the year. The bank’s net interest margin (NIM) was estimated to remain stable.



Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) followed with an estimated rise of 40-50 percent, equivalent to a profit value of 1.4-1.5 trillion VND in Q1 2022, mainly from increases in operating income and good control of provisioning costs.

The remaining banks with positive profit growth according to SSI’s report are Asia Commercial Joint Stock Bank (ACB), Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV), HCM City Development Commercial Joint Stock Bank (HDBank), Military Commercial Joint Stock Bank (MB), Maritime Commercial Joint Stock Bank (MSB), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Tien Phong Commercial Joint Stock Bank (TPBank), Vietnam International Commercial Joint Stock Bank (VIB) and Commercial Joint Stock Bank for Foreign Trade of Vietnam (Vietcombank).

The only bank that experienced a profit decline in SSI’s report is Commercial Joint Stock Bank for Industry and Trade of Vietnam (VietinBank). Accordingly, SSI believed although the credit and deposit growth rates of VietinBank by the end of Q1 2022 were estimated at high levels of 7 percent and 5 percent, respectively, compared to the beginning of the year, its pre-tax profit could be lower than the same period of 2021 due to the high comparison base. In addition, VietinBank’s fee revenue from the bancassurance deal with Manulife may not be recorded in Q1 2022.

US among top consumers of Vietnamese agricultural products

Vietnam remains the United States’ eighth largest export market for agricultural products and foodstuffs, said Benjamin Petlock, senior agricultural attaché of the US Consulate General in Ho Chi Minh City.

The US trade official made the statement during a ceremony held on April 25 to mark the 17th anniversary of co-operation between the Saigon Professional Chefs Association under the HCM City Tourism Association (HTA) and the American Farm Bureau Federation.

During the event, representatives from HTA highlighted the effective co-operation between the Saigon Professional Chefs Association and the American Farm Bureau Federation in helping local chefs seize upon the opportunities to experience and gain greater access to safe and abundant food sources from the US.

The American Farm Bureau Federation has made an array of significant contribution to the development of the Vietnamese food and beverage industry (F&B), particularly as it has become one of the main sponsors for many events and culinary contests, according to HTA representatives.

Currently, there is a huge diversity of American agricultural products on offer in the Vietnamese market, including beans, pork, beef, chicken, milk, dairy products, and seafood.

US, Europe investors seek investment opportunities in Hue, Da Nang

Businesses from the US and Europe have been seeking investment opportunities and cooperation in tourism, agriculture, energy, environment for green growth in Thua Thien Hue Province and Da Nang City, two key economic destinations and tourism hubs in central Viet Nam.

While the Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA), in partnership with the American Chamber of Commerce (AMCHAM) Da Nang, organised the ‘US Food and Beverage Showcase’ to promote US products to the Da Nang business community, Thua Thien Hue also hosted the Meet Green event with the participation of 70 businesses from the US last weekend.

The F&B exhibition in Da Nang, which featured 21 exhibitors who are USDA Cooperators, state representatives, distributors, and manufacturers, was seen as an opportunity to expand the reach of US food products in a key hospitality market as international tourism resumes.

The diverse exhibitors introduced a wide range of US products, including beef, pork, chicken, seafood, potatoes, cheese, raisins, pulses, soy products, apples and more to potential customers in the region.

AMCHAM and Thua Thien Hue also agreed to boost ties between business from the US and the province to promote Hue as a key economic power in central Viet Nam.

The cooperation deal will help businesses from the province approach technology, investment fund and advanced industries from the US and fund the trend of future green economic growth.

Seafood processors urged to focus on sustainability

According to Vietrade Deputy Director Le Hoang Tai, the EU has remained one of Viet Nam’s largest seafood importers for years. Taking effect from 2020, the EU-Viet Nam Free Trade Agreement (EVFTA) has provided Viet Nam with even broader access to the EU market, with all the tariffs on aquatic products eliminated in seven years.

Viet Nam’s aquatic exports reached US$2.4 billion in the first quarter of 2022, up 40 per cent from last year.

Shipments of tra fish to the EU totalled $28 million in the first two months of this year, up 76 per cent year-on-year, while those of shrimp hit $159 million, up 66 per cent, on the back of rebounding demand post-pandemic.

Last year, Viet Nam exported over $1 billion worth of aquatic products to the EU, up 12 per cent against the previous year. The five biggest EU importers included the Netherlands, Germany, Belgium, Italy, and France, together accounting for 72 per cent of the total exports.

At the two-day Viet Nam – EU Business Matching Webinar on Seafood Products 2022 co-hosted by the Viet Nam Trade Promotion Agency (Vietrade) and Trade Offices and Embassies of Viet Nam in EU member states ending on Tuesday, Tai expected through the webinar, the Vietnamese producers would have better understanding of the EU market and the partnership between the two sides to further accelerate the development of the fishery industry in Viet Nam.

National Power Development Plan VIII paves way for renewable energy

The National Power Development Plan for the 2021 - 2030 period, with a vision towards 2045 (PDP VIII) has taken into account the replacement of coal-fired power projects and those that are still pending, heard a meeting of the State Appraisal Council.

Speaking at the meeting, held in Hanoi on April 26 under the chair of Deputy Prime Minister Le Van Thanh, Minister of Industry and Trade Nguyen Hong Dien said the plan also targets a balance in electricity generation between regions and encourages the development of other fuels like hydrogen and ammonia.

Dr. Ngo Tuan Kiet, Director of the Vietnam Academy of Science and Technology, said data on wind power, both offshore and onshore, have been updated in the plan. However, the updated figures from international organisations are not enough and it still requires exclusive studies and assessments.

With the inclusion of Prime Minister Pham Minh Chinh’s commitments at the 26th United Nations Climate Change Conference of the Parties (COP26), the plan has opened up opportunities for the development of wind power, especially offshore wind power, according to Associate Prof. Dr. Pham Hoang Luong.

Deputy PM Thanh expressed his approval for assessments of the State Appraisal Council that PDP VIII has been prepared thoroughly and scientifically.

The plan has also been sketched out in line with Resolution No. 55 of the Politburo on the national energy development strategy by 2030 with a vision towards 2045, he said.

Under the plan, the national power capacity from now until 2030 would be 146,000 megawatts (MW), 35,000 MW less than the amount in the previous version, he said, noting that it aims to cut coal-fired power and increase renewable energy.

Binh Duong calls for France’s investment to hi-tech projects

Vice Chairman of the People’s Committee of Binh Duong southern province Nguyen Van Danh on April 26 presided over a virtual webinar which aims to promote investment from France.

At the webinar, French firms were briefed on investment climate in Vietnam and Binh Duong, and viewpoints of French investors in the Vietnamese province. Relevant agencies fielded queries from those who are seeking investment chances in the province.

Local authorities pledged to create favourable conditions for foreign investors, including those from France, and maintain regular dialogues with the business community at home and abroad to regulate policies conducive for the province’s development and legitimate benefits of the firms in a timely manner.

PetroVietnam Camau Fertiliser JSC's after-tax profit sees 10-fold rise in Q1

The after-tax profit of the PetroVietnam Camau Fertiliser Joint Stock Company (PVCFC) in the first quarter of 2022 hit 1.51 trillion VND (65.73 million USD), representing a 10-fold rise from the same period last year, according to the company’s business report.

The company produced 236,650 tonnes of urea and 26,400 tonnes of NPK fertiliser in the reviewed period, respectively.

The surge was attributable to the rising global fertiliser prices, together with PVCFC's efforts in maintaining stable operations, reducing material consumption and seeking high-value export opportunities.

Mong Cai international border gate reopens

Bac Luan 2 border gate of Mong Cai international border gate in the northeastern province of Quang Ninh reopened on April 26 after a two-month halt due to the COVID-19 pandemic.

Vietnamese and Chinese agencies helped handle procedures for hundreds of vehicles stranded in China’s Dongxing and Vietnam’s Mong Cai to return home.

Import-export and migration activities at the border gate have resumed in tandem with COVID-19 prevention and control measures.

On April 24, authorities of Mong Cai and Dongxing held talks discussing solutions to build safe COVID-19-free zones and resume operations at border gates and crossings, during which they reached an agreement to reopen the Bac Luan 2 border gate.

Priority will be given to handling stranded commodities in supervised areas, returning vehicles without shipments, and resuming non-cold chain product trade.

Source: VNA/SGT/VNS/VOV/Dtinews/SGGP/VGP/Hanoitimes

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