Manufacturing enjoys strong growth in March
Vietnam’s manufacturing sector continued to expand during January-March with signs of higher growth in March, according to a report from IHS Markit.
Categories
Media Center
Vietnam’s manufacturing sector continued to expand during January-March with signs of higher growth in March, according to a report from IHS Markit.
Vietnamese manufacturers are set to increase their selling prices following the 8.36 percent hike in electricity price that launched from March 20.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring more opportunities than challenges to businesses, so they should swiftly make use of this deal to promote export, heard a workshop in Ho Chi Minh City on March 26.
Vietnam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.
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.
Vu Thi Thanh Hanh, general manager of Learth Vietnam Co Ltd, said sales of her company’s VietJoy leaf tea products were very good three months after they entered the Singaporean market.
Vietnam’s manufacturing Purchasing Managers’ Index (PMI) climbed from a 10-month low of 51.5 in September to 53.9 in October, pointing to the strongest improvement in the health of the country’s manufacturing industry since July, IHS Market’s Nikkei reports released on November 1 showed.
The Japan External Trade Organisation (JETRO) has been working to increase the level of local content in the manufacturing sector in Vietnam.
Better supplier-buyer relations with multinationals located in Vietnam would help small- and medium-sized enterprises (SMEs) gain access to electronics global value chains, experts have said.
A capital shortage for local paper manufacturers could make them lose out to foreign direct investment (FDI) enterprises in their own country, according to experts.
The Vietnam Manufacturing Expo 2018 is taking place in Hanoi from August 8-10, displaying the latest machinery and technologies for the manufacturing and supporting industries by 200 brands from 20 countries.
Vietnam’s manufacturing growth picks up in April following sharp rises in new orders and output.
More than 30 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries have displayed their products at Hong Kong’s largest one-stop sourcing fashion show.
People are preferring confectionery products from Vietnamese manufacturers to foreign products in preparing for the coming Tet (Lunar New Year) holiday.
An increasing number of overseas buyers are sourcing products from Vietnam as the country is rapidly improving its supply chain for locally made garments and taking part in more free trade agreements.
Sweden’s wood materials industry sees Vietnam’s wood processing industry as a potential market for its eco-friendly, competitive and sustainable materials, speakers at a seminar said.
The Vietnam Cycle 2017 expo will take place at the Hanoi International Exhibition Centre from November 16-19.
An international Hardware and Hand Tools exhibition in Vietnam in 2017 is scheduled to take place from December 6-9 at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.
