On the afternoon of June 15, the Ministry of Industry and Trade issued Decision 1578/QD-BCT, applying anti-dumping tax and anti-subsidy tax on a number of cane sugar products originating from the Kingdom of Thailand. Specifically, imported sugar cane under HS codes 1701.13.00, 1701.14.00, 1701.99.10, 1701.99.90, 1702.90.91 will be subject to an official anti-dumping tax of 42.99% and an anti-dumping duty rate. the official subsidy is 4.65%. These two taxes are additional import taxes, applied to imported sugar cane originating from Thailand, including imports under tariff quotas. This decision has a term of 5 years, effective from June 16, Before that, the final investigation conclusion of the investigating agency determined that some Thai sugarcane products had dumping behavior, subsidized imports of the goods under investigation; The domestic industry is suffering significant injury and there is a causal relationship between the imports of the dumped and subsidized goods and the substantial injury to the domestic industry. In order to have a basis for determining the origin of imported goods subject to the application of anti-dumping and anti-subsidy tax, the customs authority will check the documents certifying the origin of goods, including: origin of goods (C/O), or proof of origin in accordance with the ASEAN Trade in Goods Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the Free Trade Agreement between Vietnam and EU (EVFTA), UKVFTA… Previously, on May 12, the Trade Remedies Administration (Ministry of Industry and Trade) held a public consultation (online form) with the participation of 80 delegates representing groups of stakeholders including: Governments, businesses, associations of Thailand and Vietnam. At the consultation, a representative of the domestic industry said that the Thai sugar industry is supported by the Government from controlling the domestic market (supporting fixed prices, dividing market shares), controlling imports, export subsidies, direct financial support of 1.3 billion USD/year, debt financing, input subsidies, so when entering Vietnam, it caused serious damage to the industry, so it is recommended to impose taxes. Pursuant to the provisions of the Law on Foreign Trade Management, on September 21, 2020, the Ministry of Industry and Trade issued Decision No. 2466/QD-BCT on the initiation of anti-dumping and anti-subsidy investigation on cane sugar with originating from Thailand on the basis of the application dossier of the representative of the domestic industry. Implementing Vietnam’s commitments in ASEAN regarding the application of tariff quotas under the WTO, Vietnam has abolished tariff quotas on sugar imports for ASEAN countries since January 1, 2020. In the first eight months of 2020, the amount of cane sugar imported into Vietnam increased dramatically, reaching nearly 950,000 tons, an increase of more than 6 times over the same period in 2019. In which, the amount of cane sugar imported from Thailand into Vietnam accounting for a major proportion, reaching nearly 860,000 tons (compared to the same period in 2019 it was 145,000 tons and the whole year 2019 was 300,000 tons). According to a representative of the domestic industry, the sudden increase in imports is the main cause of damage to the domestic sugar industry. The domestic production of cane sugar in the 2019-2020 crop year is estimated at less than 800,000 tons, down from 1.2 million tons in the 2018-2019 crop year. In addition, the domestic industry has also provided information and evidence that cane sugar products imported from Thailand are being dumped into Vietnam and the Thai Government has been maintaining some subsidy policy for sugarcane farming activities of farmers and the sugar industry.

The project “Research and production of biochips based on DNA microarray technology for the diagnosis of some human diseases”, belongs to the Program to develop a number of high-tech industries managed by the Ministry of Industry and Trade. The goal of the project is to master the technology of manufacturing biochips based on DNA microarray; to produce biological chip sets that meet the quality standards of in vitro diagnostic biological products – IVD; At the same time, these biochips can be applied to clinical diagnosis. BIMEDTECH officials and employees implement the project To implement the project, BIMEDTECH collaborated with leading units such as the National Institute of Hematology and Blood Transfusion, the Central Lung Hospital and the Cardiology Institute – Bach Mai Hospital to conduct surveys of known gene mutations. found in biochips of international production and a number of new or specific genetic mutations in humans and pathogens in Vietnam that are associated with diseases: thalassemia, 17 bacterial strains non-tuberculosis (NTM) and clopidogrel-resistant patients in patients undergoing cardiovascular intervention. Along with that, BIMEDTECH has invested in building a clean room system and the world’s leading advanced and modern equipment and machines into the factory in the Hi-Tech Park of Ho Chi Minh City. BIMEDTECH has signed cooperation agreements with high-tech companies in the United States and Europe to receive technology transfer for the production of DNA and Protein Microarray, the foundation for developing products for the diagnosis of a number of diseases in Vietnam. people. Take the lead in mastering technology With the support of the program, BIMEDTECH team has developed 3 products: BIMEDCHIP Thalassemia Detection Kit for diagnosis and treatment of thalassemia. This is the first in vitro diagnostic kit product made in Vietnam that allows simultaneous detection of many mutations causing congenital anemia including alpha and beta – thalassemia in just one test with accurate results. , fast time to get results with suitable cost. Thalassemia is a group of inherited anemias. Vietnam is a country with a high prevalence of thalassemia in the world: About 3% of the population carries the thalassemia gene, the prevalence is about 0.5-1% for the Kinh ethnic group, and a high increase of 10-25% in the Kinh population. some hill tribes. Early diagnosis and treatment of thalassemia reduces morbidity and mortality from thalassemia. Next, is BIMEDCHIP Non-tuberculous Mycobacteria Panel Kit for TB diagnosis. This kit provides results quickly, in as little as 6 hours, compared to traditional culture methods that can take weeks. Providing fast and accurate results helps medical staff to provide effective and timely treatment regimens, bringing benefits to patients. In particular, BIMEDCHIP Cardiovascular Drug PGx Testing Kit allows to detect whether a patient has changes in genes related to liver metabolism of Clopidogrel, Statin, Sinthrome drugs or not in a single test, thereby helping medical staff choose the right dose or drug for each patient, bringing the best effect for drug use. The successful implementation of the project is expected to contribute to improving the current limited production of medical equipment in Vietnam, meeting the increasing health care needs of the community, and at the same time. making an important contribution to the successful implementation of the Program on the development of a number of high-tech industries.

A representative of the Trade Remedies Department (Ministry of Industry and Trade) said that the investigation and application of trade remedies, specifically the application of anti-dumping and anti-dumping measures on a number of cane sugar products originating from Thailand imported from Thailand. imported into Vietnam, has been implemented by the Ministry of Industry and Trade in accordance with the provisions of the law on foreign trade management, as well as in accordance with international practices, based on objective and verifiable grounds and evidence. real. After more than 5 months of investigation (since September 2020), based on the investigation results, and before making the final conclusion of the case, on May 12, 2021, the Ministry of Industry and Trade held a meeting hold a consultation session to listen to the opinions of all interested parties. The final conclusion of the Investigation Agency of the case, determined that there was an act of dumping and subsidizing the imported goods under investigation (cane sugar products originating from Thailand), causing significant damage to the domestic manufacturing industry; there is a causal relationship between imports of dumped and subsidized goods and substantial injury to the domestic industry. On that basis, the Ministry of Industry and Trade has decided to impose an official anti-dumping tax of 42.99% and an official financial tax of 4.65%. Anti-dumping tax, CTC is an additional import tax, applied to imported cane sugar originating from Thailand, including imports under tariff quotas. The time limit for application of anti-dumping tax and financial tax is officially 05 years from the date on which the decision on application of anti-dumping tax and financial tax officially takes effect (unless it is changed or extended according to another decision of the Ministry of Industry and Trade. ). Illustration Regarding the application of anti-dumping and anti-dumping duties, effective retroactively, the Ministry of Industry and Trade said, based on the final investigation conclusions and data of the General Department of Customs on the import situation of investigated goods. The Ministry of Industry and Trade determined that there was no sudden increase in the volume or quantity of dumped and subsidized goods entering Vietnam in the period from the time the investigation was conducted until the application of the CBGP tax. and temporary CTC. Therefore, there is not enough basis to apply anti-dumping and anti-dumping measures taken effect in advance according to Clause 4, Article 81 and Clause 4, Article 89, Law on Foreign Trade Management. In order to have a basis for determining the origin of imported goods subject to anti-dumping tax and CTC, according to Decision 1578/QD-BCT, the customs authority will check the documents certifying the origin of goods. , including: Certificate of Origin (C/O); documents certifying the origin of goods in accordance with the provisions of the ASEAN Trade in Goods Agreement, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the EU-Vietnam Free Trade Agreement, the EU-Vietnam Free Trade Agreement, and the EU-Vietnam Free Trade Agreement. Free Trade Vietnam – United Kingdom of Great Britain and Northern Ireland. Accordingly, if the customs declarant submits documents certifying the origin of goods from a country or territory other than the Kingdom of Thailand, the official anti-dumping tax and CTC is not required. If the customs declarant submits proof of origin from the Kingdom of Thailand or fails to submit the proof of origin, the official anti-dumping tax and CTC as mentioned above (anti-dumping tax is 42.99%, CTC tax is 4.65%). The Ministry of Industry and Trade also said that in case the anti-dumping tax and the official CTC are lower than the provisional anti-corruption tax and the provisional CTC (the tax rate is temporarily applied when there is no final investigation conclusion and the official tax is imposed). This tax difference will be refunded. Pursuant to current legal regulations, the Ministry of Industry and Trade and the investigating agency will notify the receipt of application for exemption after the Ministry of Industry and Trade issues a decision to apply trade remedies. A quick information to the reporter of the Industry and Trade Newspaper right after learning that the Ministry of Industry and Trade officially applied anti-dumping tax and CTC tax on imported sugar originating from Thailand, a leader of the Vietnam Sugar Association, said. : The Vietnam Sugar Association is quite satisfied with Decision 1578/QD-BCT of the Ministry of Industry and Trade. This is a timely decision, which will make an important contribution to support the development of Vietnam’s sugar industry, when in the context of integration, the sugar industry has faced great challenges due to the unfair competition of the sugar industry. imported sugar (mainly imported from Thailand) due to subsidies, dumping, and smuggling into the Vietnamese market. Compared with the previous decision to impose anti-dumping tax and temporary CTC, the official anti-dumping tax and CTC also eliminated the difference between raw sugar and refined sugar.

New clothing for the summer of the market management force from next July. Over the years, the uniform of market management forces has basically ensured stability. However, according to a representative of the General Department of Market Management, through practical use, the force’s costumes still reveal aesthetic limitations, have not created unity among regions, and have not modern, professional; has not yet shown the majesty and formality required of the market management force. Besides, the costumes of the market management force have similar designs to some other units such as the colors of the people’s security forces, the forest rangers, etc., causing confusion among the units in the field. task execution. New winter clothing of the market management force from next July. The new uniform of the market management force in blue will be officially used from July 3, 2021, on the 64th anniversary of Industry Tradition Day. According to General Director of the General Department of Market Management Tran Huu Linh, the selection and regulation of colors and new dress specifications do not incur costs, do not coincide or cause confusion with the color of the costumes of some forces. other. At the same time, improving the fabric material, making it convenient for civil servants to use in the office as well as outdoor official activities.

Power planning 8 proposes 3 scenarios for power source development. The Institute of Energy (Ministry of Industry and Trade) has just released a report explaining the conclusions of Deputy Prime Minister Le Van Thanh on the national electricity development plan for the period 2021-2030 with a vision to 2045 (Planning for electricity development). electricity 8). In which, receiving opinions on reviewing the scale of power source development, reasonable power source structure compared to electricity demand in each period, especially in the period to 2030; In order to prevent unreasonable backup of power sources (such as the plan to develop the total installed capacity of 167GW of power sources by 2030, while the load demand is forecast at 86.3GW), the Consultant said Power planning. 8 proposed 3 scenarios for developing power sources to meet 3 scenarios of low load demand, base load and high load. The results of capacity balance of 3 selected scenarios show that renewable energy sources (wind and solar) have the proportion of 24% in 2020; 24-27% in 2030 and 38-42% in 2045 depending on the load scenario. The crude reserve ratio if including wind and solar is always high at 60-80%, but wind and solar power sources are variable renewable energy sources, contributing very little to power system redundancy, especially At the time of maximum load in the evening, there is no sun. Specifically, in the dry season, in the evening, when the national wind power occurs, it only reaches the guaranteed capacity (about 10% of the installed capacity for onshore wind and 20% of the installed capacity for offshore wind). ), at this time, the national crude reserve ratio of power supply will only reach 21% in 2020, 11%-14% in 2030 and 5%-8% in 2045 depending on the load scenario. The consultant said that in order to confirm the redundant or insufficient spare capacity, it is necessary to calculate the expected number of hours that do not meet the load demand. The calculation results show that the reserve scale as above ensures the reliability of the system’s power supply. The proportion of electricity from renewable energy sources (including hydroelectricity) in total electricity production of the selected scenarios all meet the objectives of renewable energy development in Vietnam’s Renewable Energy Development Strategy, reaching 32% in 2030 and 40.3% in 2045. According to the Institute of Energy, although the simulation of energy storage sources has been included, the minimum-cost planning model still chooses to cut a part of renewable energy to meet the flexible needs of the system instead. because investing in more storage resources, because investing in these resources will not be economically viable. The reduction rate calculated from the model is about 1.5% of renewable energy output/year (excluding cuts due to local transmission). The use of a partial reduction in renewable energy to meet flexible demand is used by countries around the world, and accepting a partial reduction in renewable energy is also one of the solutions. to develop renewable energy sources. At the request of ministries, agencies and appraisal councils, Power Master Plan 8 has included additional power source options that occur in addition to the above 3 scenarios to provide information for competent authorities to consider in determining the power supply. operating. In particular, the most difficult option to build power sources and grids is when there are risks of stacking, including high load growth and slow progress of thermal power sources (especially domestic gas exploitation sources). Accordingly, the proposal proposes to select the power source development scenario corresponding to the baseline load demand forecast, which is the selected scenario to calculate the design of the transmission grid, calculate economic and financial criteria. of Power Planning 8. At the same time, the project proposes a power source scenario corresponding to the forecast of high load demand to be considered for use in the management and development of power sources, ensuring to meet demand in the event that the national economy and electricity demand are met. load demand increased dramatically. In case of risk of stacking (high load, slow progress of coal-fired power sources, domestic gas-fired power sources), it will be necessary to add wind power, solar power, flexible power sources, etc. operate ICE to meet the demand for electricity and build more one-way lines from the South Central region to the North to transmit the capacity of power plants.

Mastering technology, constantly creating… is the “heart command” of Vietnamese oil and gas people. Mission across 60 years Referring to research, development and application of science and technology (Science and Technology) at PVN is a cross-cutting task in the process of formation and development of the Group. Resolution 41-NQ/TW of the Politburo on orientation “Strategy for development of Vietnam’s petroleum industry to 2025, vision to 2035”, as well as Resolution 55-NQ/TW on orientation “Strategy Vietnam’s national energy development to 2030 with a vision to 2045” emphasized: PVN must strengthen the application of scientific and technological advances in the search and increase of oil reserves, production and business. oil and gas, electricity, nitrogen, new energy (shale oil, gas hydrate, hydrogen gas…) to ensure national energy security. General objective PVN’s development strategy especially emphasizes the need to build strong scientific and technological potential with breakthrough solutions. This is considered the driving force and foundation for PVN to accelerate development and develop sustainably. Through 60 years of construction and growth, PVN has constantly improved its research and application potentials of science and technology, actively absorbed advanced techniques and technologies, and promoted creativity and efficiency of existing technologies to achieve level with oil and gas companies in the region and in the world. Hundreds of awards have been awarded for achievements in science and technology of the oil and gas industry, including noble awards such as 5 Ho Chi Minh Prizes & State Prizes in Science and Technology, many VIFOTECH awards… And during the year Currently, continuing to 6 most typical works and projects, the Ministry of Industry and Trade has also been nominated for the Ho Chi Minh Prize & the State Prize in Science and Technology. The Petroleum people who make applied scientific works have worked hard for many years, doing both expertise and research and experimentation. For example, the Cluster of Science and Technology Works “Research and develop technology for design, construction and installation of super-long and super-heavy marine oil and gas projects suitable to Vietnam’s conditions” was deployed and completed after more than 10 years. Research and application of technological solutions in collecting, processing and using associated gas in fields of Vietsovpetro LD Vietsovpetro and neighboring fields has been carried out and deployed continuously for 25 years.. .; the TBM-02 portable synthetic carota metering station system has been researched and manufactured for 21 years; the solutions to apply science and technology to optimize the production process of Dung Quat oil refinery plant are researched and completed. completed in 12 years;… Success of “poor children” The number of benefits and achievements of the above-mentioned scientific works for the Oil and Gas industry as well as for the country, it is easy to ignore the difficult starting factor… But in fact, few people know that starting At the beginning of these scientific works, the Oil and Gas people all embarked on the implementation with the mentality of “the poor children”. The success of PVN’s science and technology cannot be ignored without mentioning the cluster of works “Research and application of technological solutions in the collection, treatment and use of associated gas in fields of Vietsovpetro LD Vietsovpetro and neighboring fields”. . At that time, LD Vietsovpetro could only exploit oil at Bach Ho, but the technology at that time only exploited oil, and the associated gas had to be burned. Meanwhile, the country is seriously lacking electricity for economic development. That fact has prompted Vietsovpetro’s officers and engineers to research and carry out gas collection, transportation, processing and bringing the associated gas to shore for power generation and nitrogen fertilizer production. After oil exploitation, with breakthrough scientific and technological solutions, in the condition of lack of facilities, Vietsovpetro pioneered to bring companion gas from Bach Ho field to shore, creating a leap in the oil and gas industry. Vietnam, creating a foundation for the development of modern gas industry. The story of researching and manufacturing the TBM-02 portable synthetic carota metering station system is also a scientific and technological mark of PVN. In order not to be eliminated from the game of oil and gas services, the staffs of Vietsovpetro Wells Geophysics Enterprise have tried their best to learn and create new things, which are more technologically superior. In those years, Vietsovpetro experts and engineers have picked up equipment of the type “cannot be repaired, cannot be bought” to dissect, research, and then integrate their most preeminent features and manufacturing a general carota metering station costs only $5,000, less than 10% of the equipment price if it has to be imported from abroad. Especially impressed with the word “portable” in the research work made by the equipment of a Russian measuring station in the past, together with the corresponding combined equipment with a mass and weight of up to hundreds of kilograms. Now, Vietsovpetro’s engineers have created a general measuring station that can interpret geophysical data, measure oil-filled fractured rock foundations…weighing less than 10kg, compact as a personal computer multiply. The East Sea Oil and Gas Operating Company (BIENDONG POC) was assigned to research and implement the construction and manufacturing of large works of the East Sea 1 project. In which, the superstructure weighs 12,500 tons and the foot block. The 11,500-ton base of the Hai Thach housing and central technology platform (PQP-HT) are works with a volume exceeding many times that of previous constructions. This is a task that international monitoring and consulting experts consider impossible. However, PTSC Marine Mechanical Services Company (PTSC & MC) – the unit assigned the responsibility, overcame difficulties to complete the project after 2 years. Up to now, with the research, completion and application of the Science and Technology Complex, successful implementation of design, construction, manufacture and installation of super-heavy-heavy drilling rigs, PTSC&MC has become the only international EPCI contractor. of Vietnam to the world market. When Dung Quat Oil Refinery Plant was in operation, the team of engineers and staff of the factory were all apprentices, so they stumbled and problems were inevitable. Therefore, the initial product quality of NM was in a state of “fluttering”. At that time, PVN has determined that to improve the quality of NM operation is a long process. Accordingly, improvement and creativity right in the actual production and operation of the factory has become a regular and continuous action. Although the production and business results of Dung Quat Oil Refinery were not high in the first years, PVN still believes that the young staff and engineers will make efforts to improve the quality of plant operation. Over the past 12 years, more than 30 solutions and initiatives have been completed, increasing the factory capacity beyond design, ensuring product quality to the highest level. Currently, science and technology has been applied in all fields of production and business activities of the Group, especially research focusing on professional and specialized directions. The basic investigation of oil and gas has been actively deployed by PVN and the research results are considered as a reliable scientific basis, having important implications in formulating the development strategy of PVN. helping to make the right decisions and policies in production and business activities. The research, development, proposal and successful application of petroleum science and technology solutions not only bring great economic benefits to the country, but also make important contributions to the science and technology industry. oil and gas of Vietnam and the world. Those are eloquent demonstrations of the creative ability of oil and gas people – who always deserve to be entrusted with the belief to make the impossible possible.

Former Minister Vu Huy Hoang denied the blame on his subordinates Responding to the Panel’s question, the reason for having autographs signed by former Deputy Minister Ho Thi Kim Thoa, the defendant Vu Huy Hoang said that the Ministry of Industry and Trade has a working regulation, specifying each field and each consensus. director in charge. When handling related cases, the person in charge directly responsible, in case the person in charge is absent, can consult with the leader to handle it instead. “Although the assigned people take initiative in their field, if they consider it necessary to consult with members of the board of directors and leaders like me, they actively consult with me. I can only consult when I am. I was asked to attend. Likewise, in important meetings, the person in charge who is away can ask someone else to hold the meeting. “ , the defendant Vu Huy Hoang explained. Former Minister of Industry and Trade Vu Huy Hoang and his accomplices in court. (Photo: VNA) In court, the former Minister of Industry and Trade also denied that he blamed his subordinates. “I apologize to VKS, reading the indictment this morning saying that I do not accept responsibility within my scope, I reaffirm before the Panel, I have no opinion to blame, blame other individuals for the What is happening if I am the person directly in charge. I am personally responsible for the things I am in charge of, directing and being consulted. for others, including subordinates “ , the defendant Vu Huy Hoang explained. Talking about the responsibility for the damage to the State property, the defendant Vu Huy Hoang still affirmed that, according to the regulations, the head is responsible for general but the tasks are clearly assigned to each leader. “Me and the other members are in general management, can not find out. The enterprise is proactive in production and business, Sabeco has been equitized, the management is through the assistant department. Today after listening to the news. believe, I see this project is not an important work of the Ministry, not to say of the State, the Minister cannot grasp all “, Mr. Hoang presented. “Golden land” falls into private hands because the Ministry of Industry and Trade pressured? In this case, Mr. Phan Dang Tuat, former Chairman of the Board of Directors, State Capital Management Board for the period 2012-2015, signed a number of investor selection documents. Mr. Tuat was not examined for penal liability and attended the trial as a person with related rights and obligations. Previously, in 2007, Sabeco cooperated with Sabeco Land to implement the project at 2-4-6 Hai Ba Trung (District 1, Ho Chi Minh City), but it was not financial enough because the amount of land use fee was 1,236 billion. copper. Although in 2012, the Government issued a Resolution 26 on divestment from outside the industry, but Mr. Vu Huy Hoang (former Minister of Industry and Trade), Ho Thi Kim Thoa (former Deputy Minister of Industry and Trade, was in hiding) continued to direct Sabeco invests in real estate projects. On April 23, 2014, Sabeco issued official dispatch No. 10 proposing for Sabeco to implement the project with a group of new investors to establish Sabeco Pearl, Sabeco also transferred the above land use right to Sabeco Pearl. In the process of implementing mistakes, Sabeco divested cheap capital, leading to gold land falling into private hands, the state suffered more than 2,700 billion VND losses. In response to the panel, Mr. Tuat admitted that Sabeco is the only corporation known as rich but has no office and has to hire. Rent is also budgetary. Sabeco considers its responsibility to quickly get an office. When Sabeco Land withdrew from the 2-4-6 Hai Ba Trung project, new investors were excited. Mr. Tuat signed the official letter No. 10 with reference to other companies in the industry and trade. After the approval of the Ministry of Industry and Trade, Sabeco meets with investors, drafting the contract. “I only attended the first time when the parties greeted each other, then discussed the implementation of the contract, conditions, terms … The negotiation of the project is based on the old project” Mr. Tuan said. Referring to the document sent to the People’s Committee of Ho Chi Minh City to agree to Sabeco Pear to fulfill financial obligations, Mr. Tuat said that after completing the dossier with the investor, Sabeco made a joint venture cooperation contract and submitted it to the People’s Committee for project implementation. Mr. Tuat admitted that signing the official letter was not authorized because at that time, the legal representative was absent. “Sabeco submitted the application but more than a month later, there is no reply. The Ministry of Industry and Trade urged us to quickly implement the project … “ Mr. Tuat explained. Mr. Tuat added: “In Sabeco it is customary to just go to meetings about land and call me. All the city documents sent to Sabeco on land are sent to me, I attend ”. Mr. Tuat also said that before issuing an official letter to Sabeco Pear to fulfill its financial obligations, Sabeco had to report to the Ministry of Industry and Trade. In response to the judge’s questions about his responsibilities related to the case, Mr. Tuat replied: “I think in the process of working, the only mistake is being too aggressive and enthusiastic. Should have waited time. Because the Ministry of Industry and Trade pressured. The Ministry also urged the late payment fines of 18.5 billion each year. After 1 month of submitting the application, we did not respond, we were in a hurry… ”. Present at the court, the representative of Me Linh Square Joint Stock Company (formerly Sabeco Pearl) said that the unit is currently managing the “golden land” above. Shareholders participating in the company since April 2017 have not been prosecuted for the case for less than 1 year, since then the land has been vacant, not deployed, causing great damage to the company. “We consider the records, all documents of the state are true, true, we believe in them. When we attended court, it was discovered that there were many incidents happening between different regulatory agencies, not related to us. Ask the court to look and protect our rights ” This taste added.

Impressive export growth
Since the EVFTA officially took effect (August 1, 2020), Vietnam’s export turnover to the EU market has achieved impressive results. According to statistics of the Ministry of Industry and Trade, by the end of December 2020, Vietnam’s export turnover to the EU market reached 15.62 billion USD, up 3.8% over the same period in 2019; the average export value per month is about 3.12 billion USD / month. Loading and unloading area for export at Dinh Vu port, Hai Phong. Photo: Victory In the first 2 months of 2021, Vietnam’s exports to the EU reached US $ 6.3 billion, an increase of 22.7% over the same period last year. Although the EU is a difficult market, Vietnamese enterprises quickly approached and took advantage of EVFTA’s opportunities, resulting in a trade surplus in the first 2 months of the year with the EU market being 4 billion USD, up 36.3% over the same period. period 2020. The items with the highest export growth to the EU include: Rubber products; computers, electronic products and components; iron and Steel; seafood, vegetables, rice … For example, rice, after EVFTA officially came into effect, some rice exporting enterprises signed fragrant rice export orders with higher value to the EU, even having shipments for the first time. are exported for over 1,000 USD / ton. This has spread a positive signal to Vietnam’s rice export situation in both volume and price. Along with rice, a series of shipments exported to the EU market have enjoyed 0% tax rate as committed in EVFTA such as passion fruit, tiger shrimp, pomelo, dragon fruit, suitcase, bag, shoes … seafood products have recorded significant export growth to the EU thanks to the impact of EVFTA earlier this year. Seafood export value in the first 2 months of 2021 reached USD 1.01 billion, an increase of 0.7% over the same period in 2020.
The Director of the Export and Import Department (Ministry of Industry and Trade) Tran Thanh Hai said that the growth figures of exports to the EU are evidences for the efficient exploitation of markets under EVFTA by enterprises. This is also a remarkable result of the industry and trade in promoting propaganda about EVFTA and guiding businesses to take advantage of incentives through the following channels: Free Trade Agreement (FTA Portal), internet , Facebook… In addition, the foreign trade system has captured market information and arising issues affecting Vietnam’s exports such as changes in importing countries’ policies, technical barriers, timely timely information for ministries, branches, associations and businesses to respond promptly.
Adhere to high standards of “rules of the game”
Experts say that EVFTA’s challenges have been creating reasonable pressure for Vietnamese enterprises to adjust and change their production methods and improve their competitiveness. In fact, over the past time, many businesses have made efforts to change, have preparedness, invest in new equipment to process and produce products in accordance with the requirements of the EU market.
For agricultural products, up to now, Vietnam has 39 sets of geographical indications that are recognized for protection in the EU without going through registration procedures, providing great opportunities for businesses and farmers in Vietnam. . This not only ensures the benefits for Vietnamese agricultural products, which have been in this market for a long time, but also opens up opportunities for many new agricultural products to access the market. In addition, many Vietnamese enterprises have the capacity to meet the requirements of EU importers for agricultural products and foodstuffs when more than 6,335 hectares of fruit have been applied VietGAP / GlobalGAP and have been issued with regional codes. Planting meets export standards; more than 5,000 hectares of aquaculture farms were recognized to apply VietGAP / GlobalGAP; 100% of export basa fish farms were issued with a code of origin; 100% of fishing boats commit to say no to illegal fishing …
For the textile and garment industry, enterprises have focused on new investment in yarn production – fabric weaving accounts for a high rate of localization. Many raw material production areas have been opened with an exceptionally large scale, including domestic and foreign enterprises such as: Thien Nam Yarn, Yarn – Nam Dinh Fabrics, Phu Bai Yarn, Yarn – Textile 8/3, Yarn Texhong … Besides, businesses also gradually shifted to import raw materials to markets with trade agreements with the EU, meeting the requirements of cumulative rules of origin that EVFTA offers such as Korea or Japan.
In other industries, businesses are also actively exploring to meet the conditions of origin certification (C / O) to take advantage of incentives and are constantly improving the quality of products and designs. , label packaging as well as focus on information traceability to develop products in the EU market right after EVFTA comes into effect.
Quality is the decisive factor
According to a survey by the Vietnam Chamber of Commerce and Industry (VCCI), in fact, not many businesses can catch up with the standards of this world’s most difficult market. Therefore, in the long term, businesses that want to access this market are forced to continue to change to meet the standards that the EU has specified. “Instead of trying to increase output and compete on prices, Vietnamese businesses need to improve their ability to meet market standards through technology investment, product quality control and improvement; upgrade the foundation of competitiveness in terms of business model, strategy, management, human resources, quality of goods and services according to EU standards ”- VCCI Chairman Vu Tien Loc recommended.
Offering recommendations for exporting enterprises, economist Nguyen Tri Hieu said that businesses must constantly improve product quality. Because European consumers do not care much about the price of the product, but focus on the quality of the product. In particular, the export consignments must ensure uniform quality, if not well maintained, enterprises will only step into the initial EU market, but it is difficult to compete and dominate this market in the long term. . “The tariff incentive is only an advantage for Vietnam to open the door to the EU, but it is difficult to keep market share in this difficult market if EU consumers do not see a quality advantage. Import tax reduction under EVFTA is not as important as whether Vietnamese products brought to the EU can be sold or not ”- Dr. Nguyen Tri Hieu emphasized.
Many experts and managers also believe that, to realize the great opportunities that EVFTA brings, businesses need to firmly, fully and accurately grasp the commitments in EVFTA related to the field and business activities. From that, they have the foundation, the basis for action, prepare resources, develop and implement business plans to exploit EVFTA’s advantages most effectively. According to the forecast of the Ministry of Industry and Trade, in 2021, Vietnam’s exports to the EU will grow positively in the context that the Covid-19 epidemic is expected to be better controlled, and measures to limit gradually. relax and EU economy is likely to gradually recover. This will be an important foundation for Vietnamese enterprises to take advantage of commitments in EVFTA more effectively and gradually dominate the EU market. “In order to protect Vietnam’s export industries from the risks of lawsuits against evasion of trade remedies, the Ministry of Industry and Trade continues to take measures against origin fraud. , enhancing post-inspection; proactively coordinating with competent agencies of the importing country in case verification of origin is required in order to detect and strictly handle cases of counterfeiting the origin of Vietnamese goods. ” – Deputy Minister of Industry and Trade Tran Quoc Khanh “In the coming time, Vietnamese enterprises must learn and grasp information about the EU market, from consumer tastes to regulations and standards of rules of origin, food safety and hygiene. … in order to improve the quality of goods, conquer the market. In addition, build sustainable chains from production to consumption to easily apply technology to production to speed up the quantity. , export product quality control. ” – Chairman of Vietnam Association of Small and Medium Enterprises (VINASME) Nguyen Van Than

Internet photo

Losing money for many years

Vietnam Industrial Construction Joint Stock Corporation (Vinaincon, VVN code – UPCoM transaction) was established in 1998, with charter capital of 550 billion VND, and 82.75% of state capital represented by the Ministry of Industry and Trade. The company specializes in construction and installation, basic construction.

The audited financial statements of the parent company 2020 have just been announced by VVN, showing that the total assets of the company is 987 billion VND. Revenue from goods sold and service provision in 2020 will reach 313 billion VND but COGS is 314 billion VND, so gross profit is negative 724 million VND.

Revenue from financial activities is 48.4 billion VND. The cost of business management is 30 billion. Net profit reached 9.3 billion. Thereby, after-tax profit reached 13.2 billion.

According to the note, the revenue from financial activities mainly comes from deposit interest, interest of 18.4 billion dong, and dividend of 29.9 billion dong.

It is known that VVN invests in many subsidiaries and associates. These companies are mostly profitable, the highest profit is from Thu Duc Centrifugal Concrete JSC (13 billion VND) and An Giang Centrifugal Joint Stock Company (6.1 billion VND).

Up to this point, VVN has not yet released its 2020 consolidated financial statements. In early April 2021, VVN also submitted a request to extend the time to hold the 2021 Annual General Meeting of Shareholders for the reason that results were summarized. The Corporation’s production and business have not been completed yet because the work-in-progress valuation and debt comparison with the investors are difficult and prolonged.

According to the annual report of 2019, although the total revenue and other income in 2019 increased by 126.7% compared to 2018, reaching more than 4,443 billion VND, but the cost of goods sold was high. In addition, the investment from Quang Son Cement Company Limited lost a loss (minus 126 billion VND), making the company’s profit in 2018 and 2019 all negative numbers.

In 2020, the company has a decision to dismiss Mr. Hoang Chi Cuong – General Director, instead appointing Mr. Do Chi Nguyen.

Please clarify the role of Vinaincon

From April 12, Hanoi City People’s Court brought to trial with 19 defendants who are leaders of Vietnam Steel Corporation – VNS, Thai Nguyen Iron and Steel Joint Stock Company – TISCO on wrongdoing in this project with behavior like Adjusting the investment structure, signing the contract appendix, separating part c from the EPC contract, signing subcontracting contract with Vinaincon according to unit price, leading to breaking the EPC contract principles …

Vinaincon is a subcontractor involved in Thai Nguyen Iron and Steel Phase 2 project. In 2009, the EPC contract between Thai Nguyen Iron and Steel Joint Stock Company – TISCO and Chinese contractor MCC had problems due to consecutive MCC. contract breaking.

On April 29, 2009, Vinaincon sent a document to the Ministry of Industry and Trade, Vietnam Steel Corporation – VNS (granting investment decision) and TISCO to register as a subcontractor.

On May 14, 2009, on the basis of the request of Vinaincon, the Ministry of Industry and Trade sent a document 4320 to VNS, TISCO with the content that the Ministry of Industry and Trade commented, “Vinaincon is a capable and experienced unit in the field. construction and installation of industrial construction works. Request VNS, TISCO to consider and approve Vinaincon to be the subcontractor to perform Part C ”.

On June 26, 2009, Mr. Mai Van Tinh – former Chairman of the Board of Directors of VNS signed a written agreement to allow Vinaincon to be a subcontractor. After that, TISCO, Vinaincon and MCC signed the contract.

However, in 2010, Vinaincon returned his job to TISCO due to insufficient capacity. TISCO had to subcontract with 13 other companies, but the project was still incomplete, capitalized and caused a loss of more than VND 830 billion to the state.

Some defendants admitted that they accepted Vinaincon because of the above document from the Ministry of Industry and Trade.

Defending defendant Tran Trong Mung (former General Director of TISCO), lawyer Truong Anh Tu said that in the conclusion of the project, the Government Inspector has determined that the Ministry of Industry and Trade has introduced and proposed VNS, TISCO to accept It is not the right authority for Vinaincon to be a subcontractor.

Lawyer Nguyen Thi Minh Yen, defending defendant Dong Quang Duong (former deputy director of TISCO), stated that: TISCO’s approval of Vinainco as a subcontractor for MCC must first mention the responsibility of the Ministry of Industry and Trade in the issue of introducing Vinainco and confirming Vinainco’s capacity to lead to a tripartite contract between TISCO – MCC and Vinaincon. Next, the fact that Vinainco voluntarily stopped implementing part c was due to the subjectivity of Vinaincon.

Therefore, the lawyer proposed to return the file to investigate and review the responsibility of the Ministry of Industry and Trade; Collect documents and evidence of Vinaincon’s performance of the contract, clarify how Vinaincon appoints 13 subcontractors? …

Vietnam Expo is the largest international trade fair held since 1991 with the largest scale in Vietnam. This is a key trade promotion event hosted by the Ministry of Industry and Trade of Vietnam, and also an opportunity for Viet Au Business Association to seek partners, especially through the role of the Association in coordination with The Russian Trade Promotion Agency organizes a program to directly connect import and export trade promotion right at this fair.

Businessmen of the Vietnam-Europe Association take souvenir photos with Deputy Minister of Industry and Trade Do Thang Hai

This year’s fair attracted 320 exhibitors with 300 exhibition booths, including promotion organizations and business communities from Cuba, Russia, Germany, Japan, Korea, China and Vietnam. ..

Many booths of members of the Viet Au International Entrepreneur Association were displayed at Vietnam Expo 2021, in the fields related to supermarket chains, retail chains, consumer goods and sports distribution agents, import and export of furniture, medical equipment, pharmaceuticals, petroleum, metallurgy, communication, food …

The booth of the member of Viet Au International Business Association was honored to be visited by Deputy Minister of Industry and Trade Do Thang Hai and many guests and business community. This is also an opportunity for the Vietnam Au Business Association to introduce more deeply about its Export Vietnam Product Gallery at 11 Le Hong Phong, Hanoi.

The booth of the member of Viet Au International Business Association was honored to be visited by Deputy Minister of Industry and Trade Do Thang Hai and many guests and business community.

It is known that Vietnam Expo 2021 pioneers the application of an exhibition model combining traditional booths and “remote booths” to flexibly approach, when obstacles caused by international businesses do not. to come to Vietnam, while the demand for trade continues to increase.

Opening the argument, lawyer Dinh Anh Tuan, defending defendant Tran Trong Mung (former General Director of TISCO) said that in this case, the procedural agency should consider the responsibility of the Ministry of Industry and Trade. Vietnam Industrial Construction Corporation (VINAINCON) to defendants who are leaders of TISCO and leaders of Vietnam Steel Corporation (VNS) so that they choose VINAINCON as a subcontractor.

The defendants at the trial.

According to the defense lawyer, one of the reasons why the leaders of TISCO and leaders of VNS accepted VINAINCON because there is a document signed by the Ministry of Industry and Trade signed by a leader of the ministry. Documents of the Ministry of Industry and Trade show that VINAINCON is an enterprise of the ministry with good capacity. According to lawyer Tuan, in this incident, the main responsibility belongs to the Ministry of Industry and Trade. TISCO and VNS only have to bear joint responsibility.

During the impeachment process, the representative of the Procuracy determined that the defendant Tran Trong Mung was responsible for the case when he did not terminate the contract with China Metallurgical Science, Technology and Trade Corporation (MCC), although the This industry has violated. Specifically, in 2007, TISCO and MCC signed a package EPC contract, costing 160 million USD to build a metallurgical line. MCC then violated the contract, did not build and demanded a price increase.

The Procuracy said that, at that time, defendant Mung must terminate the contract with MCC, withdraw the advance, report to the authorized person to cancel the bid and re-bid in accordance with the law. . However, the defendant Mung instructed to negotiate at the request of MCC, and at the same time signed a written request to increase the price of part C (construction and installation) in the EPC Contract.

In addition, the defendant Mung also introduced and accepted VINAINCON as a subcontractor. Because VINAINCON is not capable enough, in 2011 the project had to stop construction, so far the project has not been completed.

The defense lawyers at the trial.

Debating about TISCO not stopping the contract with MCC, lawyer Tuan cited many legal documents, the defendant Mung signed many documents urging MCC to implement the project. Defendant Mung also signed a document to the Ministry of Industry and Trade and VNS with the content “Request the Ministry of Industry and Trade to report to the Government for permission to terminate the EPC contract with the MCC contractor. Require MCC to return the deposit and reimburse damages ”. But this is not accepted by the authorities.

Under the EPC Contract, if there is a dispute, TISCO and MCC will settle in an arbitration court in Singapore. Therefore, TISCO signed a contract with Kenvil Chia law firm of this island nation to advise and received a reply with the content “The termination of the contract cannot be taken lightly and should only consider the termination if there are no more options. choose another one ”.

Since then, the defendant Mung chose to continue the contract, change the price of construction and installation and change the price of the EPC contract according to the provisions of Circular 09/2008 of the Ministry of Construction.

Also according to lawyer Tuan, the change in the form of part C contract from package to unit price contract was not given by defendant Mung. Even the defendant Mung once opposed this because the change in unit price is that the next quarter’s price is higher than the previous quarter, causing the project to raise the price, the contractor is not actively working.

Lawyer Tuan said that his client, the defendant Mung has only part of the responsibility in introducing VINAINCON as a subcontractor, so he asked the Panel to transfer the charge to the defendant Mung from the crime of “Violation of regulations on management. and the use of State property causes loss and waste “to the crime of” Lack of responsibility, causing serious consequences “.

Lawyer Tran Van Tao, defending defendant Tran Van Kham (former Chairman of the Board of Directors cum General Director of TISCO) who is the successor to the defendant Tran Trong Mung said that the impeachment view of the representative of the Procuracy towards the body. His boss is too heavy. Lawyer Tao acknowledged that all the acts of defendant Kham were just for the purpose of expecting the project to be completed soon.

According to Tao, defendant Khâm received the project when the project had been implemented for 24 months with MCC general contractor not under construction. The project was also asked for permission by the defendant and the Ministry of Industry and Trade, the Government allowed to separate part C assigned to VINAINCON for construction and increase the investment for part C. Therefore, the Procuracy said, the defendant Khâm’s actions to prolong the performance of the contract, increase the contract price, separate Part C from the contract, agree that VINAINCON is incapable of performing the contract is incorrect.

The representative of the Procuracy exercises prosecution rights at the trial.

During the impeachment process, the representative of the Procuracy determined that defendant Khâm has the role of organizing the offense. With his powers as Chairman of the Board of Directors cum General Director of TISCO, as the successor to the defendant Mung directing the project implementation, defendant Kham knows that the EPC contract is a package contract, without grounds for price adjustment, but still directs to advise, propose and sign the decision to adjust the total project investment structure, including the provision for part C of the Contract to increase by 15.57 million USD.

Defendant Kham also signed the fourth adjustment annex with MCC agreed to separate Part C from the contract, at the same time signed a three-party subcontract, agreed to assign incompetent VINAINCON and other real subcontractors. Part C is in the form of an adjustable unit price contract, TISCO organizes the implementation and assumes all risks without a legal basis, not in accordance with the provisions of the contract.