The local plastic industry, with solid growth in shipments, will surely meet its yearly export target of 3.2 billion USD, according to the Vietnam Plastics Association.
The Vietnam Textile and Garment Group (Vinatex) has projected its export turnover to reach 2.89 billion USD in 2019, up 1 percent from last year and meeting 97.6 percent of the yearly target.
Being unable to recruit skilled workers, some shipbuilding businesses currently have to hire seasonal workers, which has cost them time to provide training and greatly affected their business plans.
Ho Chi Minh City’s industrial production index in the first nine months of this year expanded 7.26 percent year-on-year, the municipal Department of Industry and Trade reported on October 1.
The State must play a key role in investing in the national railway infrastructure to boost development and attract more private investment, experts have said.
Through merger and acquisition (M&A) activities and the improvement of goods quality and services, Vietnamese retailers are trying to win the support of local customers and compete with foreign rivals.
A programme to promote milk products of Vietnam Dairy Products Joint Stock Company, Vinamilk, has been held in China's Hunan province within the framework of the 2019 China Int'l Food & Catering Expo.
Vietnam’s pepper sector is facing a range of difficulties due to the oversupply and the fierce competition in the global market, resulting in low prices, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnamese wood processing firms need to rethink their production models and embrace technologies to increase their competitiveness amid current and future challenges, delegates said at a seminar held in Ho Chi Minh City on September 10.
The development of residential urban areas, malls, industrial smart factories, hotels, and banks has increased the demand for security equipment and technology, according to experts.
The agro-forestry-fishery sector raked in an estimate 3.64 billion USD from exports in August, raising the total value in the first eight months of the year to 26.6 billion USD.
Japanese retail giant Aeon Co. is teaming up with major Singaporean e-commerce site Shopee in Malaysia, due to fierce competition triggered by market liberalisation drives.
Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have said the challenges from it outnumber the opportunities for them.
To penetrate into the European market, businesses should acquire a thorough understanding of regulations on protection and implementation of intellectual property rights.
The agro-forestry-fishery sector raked in an estimate 3.64 billion USD from exports in August, raising the total value in the first eight months of the year to 26.6 billion USD, up 1.6 percent year on year, according to the Ministry of Agriculture and Rural Development.
Vietnamese airlines will suffer from pressure with their plans to launch non-stop flights to the US as they may face critical financial losses in the first years of operation.
Vietnam has been an attractive destination for Japanese investors and experts predicted that more Japanese firms will come to do business in the Southeast Asian country thanks to its economic growth and integration advantages.
Investors both domestic and foreign pledged to pour nearly 47 trillion VND (over 2 billion USD) and 117 million USD in the Mekong Delta province of Vinh Long at the province’s investment promotion conference on August 15.
The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vietnam’s yarn industry, according to Vietnam Textile and Apparel Association (VITAS).
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