Healthy competitive environment needed to raise product quality Business

Healthy competitive environment needed to raise product quality

President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien has emphasised the importance of creating a healthy competitive environment for Vietnamese enterprises to improve the quality of their goods so as to serve the increasing needs of people.
Footwear exports likely to grow 5 percent in 2021 Business

Footwear exports likely to grow 5 percent in 2021

Vietnam’s footwear exports are likely to grow 5 percent this year although COVID-19-induced supply chain disruptions caused decreases in August and September, according to Phan Thi Thanh Xuan, Secretary-General of the Vietnam Leather, Footwear and Handbag Association (Lefaso).
Industry remains fastest growing sector over last decade: Minister Business

Industry remains fastest growing sector over last decade: Minister

Industry was the fastest growing sector and the largest contributor to Vietnam’s export revenue over the last decade, making up roughly 30 percent of the annual GDP, Minister of Industry and Trade Tran Tuan Anh told the on-going 13th National Party Congress on January 28 morning.
Vietnam to remain at centre of Asian supply chains: EIU Business

Vietnam to remain at centre of Asian supply chains: EIU

Vietnam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released on January 13.
Central bank responds to US labelling Vietnam as currency manipulator Business

Central bank responds to US labelling Vietnam as currency manipulator

The State Bank of Vietnam (SBV) said on December 17 that its management of exchange rate in recent years, within the general framework of monetary policy, aims to achieve the consistent goal of controlling inflation and stabilising the macro-economy, not to create unfair competitive advantages in international trade.
Husbandry to undergo modernisation Business

Husbandry to undergo modernisation

New technologies from the fourth Industrial Revolution will be applied in livestock breeding in order to produce safe and high-quality output while improving the husbandry sector’s competitive edge, according to the husbandry development strategy for the 2021-2030 period and vision to 2045.