Vietnamplus

Coal companies announced strong growth results in the fourth quarter of 2022.

Thailand's industrial output further declined more than expected in December 2022, as a global slowdown hit demand for Thai exports, according to the Ministry of Industry.

The Ministry of Industry and Trade and the Ministry of Finance revised up the prices of petrol in the latest adjustment on January 30.

The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets.

Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.

The northern city of Hai Phong aims to become a regional and international logistics centre due to its many advantages as a transportation hub for all five types of traffic, including sea, road, air, railway, and inland waterways.

Developing the country's mechanical industry sector is a top priority for Vietnam in the coming decades, said industry insiders and experts.

The Ministry of Industry of Thailand has emphasized the importance of manufacturers seriously embracing renewable energy, highlighting higher electricity bills as a critical factor in bringing firms’ attention to this issue.

Ho Chi Minh City needs to develop a cold storage system and raw material storage areas for the food processing industry, the Food and Foodstuff Association of HCM City has said.

Relevant ministries and agencies will tighten management and supervision of e-commerce to discover violations and prevent tax losses in 2023.

Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over 1 billion USD.

A draft plan on the restructuring of the industry and trade sector targets average annual growth of over 8.5% in added industrial value.

Vietnam has increasingly become a burgeoning industrial hub, especially for tech and apparel, wrote an article published by India’s stattimes.com on January 14.

The AeroExpo Hanoi & Vietnam Aviation Forum 2023 will take place from March 21-23, according to the Hanoi Department of Industry and Trade.

Vietnam’s aviation industry is forecast to have a busy year ahead as China reopens its borders which had been shut down since the start of the COVID-19 pandemic.

The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC.

Deputy Prime Minister Le Minh Khai on January 12 called on the Semiconductor Industry Association (SIA) of the US to encourage its member enterprises to increase investment in Vietnam.

With a good-looking and sophisticated design, and impressive specifications, VinFast's electric vehicle (EV) duo VF 6 and VF 7, showcased at the Consumer Electronics Show CES 2023 recently held in the US, received positive reviews from the international media.

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.

Vietnam's livestock industry expects to face less difficulties this year, especially when China loosens COVID-19 control measures.