It is forecast that there will be many difficulties for the cement industry, due to weak demand and fierce competition both domestically and internationally.
Deputy Prime Minister Tran Luu Quang called on press agencies to promote solidarity and strong bond for mutual development while attending a New-Year press conference in Hanoi on February 20.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to purchase more machines and equipment worth 315 billion VND (13.71 million USD) to maintain its services.
Vietnam gained 2.7 billion USD from shipping an estimated 1.7 million tonnes of coffee abroad in 2020, accounting for over 10 percent of the world’s coffee value and 18 percent of the market share, according to the Ministry of Agriculture and Rural Development (MARD).
Ho Chi Minh City witnessed expansion of industrial activities in the first quarter of this year, recording a 6.24 percent rise in the Index of Industrial Production (IIP), the highest level in the past five years.
Mexican economists have shared the view that once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect, Mexico will have to face fierce competition from Vietnam in many sectors, such as garments and textiles, leather and footwear, and electronic equipment.
Steel products are among export staples with high growth in the first 10 months of this year, according to statistics of the Ministry of Industry and Trade.
Devising specific policies and competition mechanisms is needed to bring together intellectuals so as to capitalize on opportunities from the fourth industrial revolution (Industry 4.0), scientists and entrepreneurs said at a discussion of the launching ceremony of the Vietnam Innovation Network 2018 in Hanoi on August 19.
The UK government is interested in boosting trade and investment cooperation with Southeast Asian nations and considers the region the first test ofits post-Brexit “Global Britain” strategy, according to the UK-based Telegraph newspaper.
The Ministry of Industry and Trade is drafting legal amendments to help domestic garment producers cut costs and reduce administration burdens amid many difficulties facing the industry this year.
The Central Institute for Economic Management (CIEM) organised a seminar in Hanoi on August 10 to discuss the world’s automobile industrial complexes and lessons for Vietnam
The appearance of 11 Vietnamese brands in the list of Asia’s top 1,000 this year has demonstrated domestic firms’ increasing awareness about building and affirming their own brands.
The Vietnamese food market is witnessing an increasingly fierce competition between sausage manufacturers, with the participation of many famous brand names like VISSAN, Duc Viet and CPV.
Vietnam's exports, especially agro-forestry and fisheries, will face difficulties in 2016 if the country does not drastically restructure the industry.
The Hong Kong-Nha Trang International Yacht Race saw fierce competition among sailors during the 1,200 kilometre journey from Hong Kong to Nha Trang city before it drew to a close on October 18.