Trade promotion to focus on key markets Business

Trade promotion to focus on key markets

Vietnam is planning to launch a 136 billion VND (5.8 million USD) trade promotion programme in 2020, focusing on expanding key markets and enabling Vietnamese firms to join global value chains.
Metalworking trade show offers opportunities for Vietnamese firms Business

Metalworking trade show offers opportunities for Vietnamese firms

Vietnamese businesses will be provided with plenty of opportunities to gain better access to the Fourth Industrial Revolution’s trends and seek link-ups with foreign partners when attending EMO Hannover 2019, the leading global trade show for metalworking, which is scheduled for September 16-22 in Hannover, Germany.
Enterprises need to strive to join global value chain Business

Enterprises need to strive to join global value chain

Vietnamese enterprises’ ability to take part in the global value chain will depend on the quality of their products and a willingness to use advanced technology, speakers said at the Vietnam Export Forum 2018 held in Ho Chi Minh City on November 28.
Vietnam’s textile and garment industry faces tough seas in 2019 Business

Vietnam’s textile and garment industry faces tough seas in 2019

2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes.
WEF ASEAN 2018: Vietnam treasures benefits of free trade Business

WEF ASEAN 2018: Vietnam treasures benefits of free trade

Vietnam has long treasured the substantial benefits of free trade, particularly amidst the formidable challenges posed by global trade protectionism which is currently threatening bilateral and multilateral trade deals, Prime Minister Nguyen Xuan Phuc has said.
Positive outlook forecast for Vietnam’s economy in 2018  Business

Positive outlook forecast for Vietnam’s economy in 2018

The outlook for Vietnam’s economic growth in 2018 is quite bright thanks to positive economic performance in the first quarter, said Tran Quoc Phuong, Director of the Ministry of Planning and Investment's National Economic Issues Department.
Mechanical engineering sector to join global value chain Business

Mechanical engineering sector to join global value chain

The Vietnamese engineering sector aims to engage deeper in global value chain and specialised industries that use advanced technologies to make quality products, under a strategy to develop the sector by 2025 with vision toward 2035 recently approved by the Prime Minister.