Mexico to face fierce competition from Vietnam: Mexican economists Business

Mexico to face fierce competition from Vietnam: Mexican economists

Mexican economists have shared the view that once the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect, Mexico will have to face fierce competition from Vietnam in many sectors, such as garments and textiles, leather and footwear, and electronic equipment.
Businesses busy as Tet draws nearer Videos

Businesses busy as Tet draws nearer

During this time of the year, food businesses in Ho Chi Minh City are busy organising for the Tet holiday. So far, food goods have been prepared with a total value of over 790 million USD.
ASEAN+3 steps up cooperation in food security World

ASEAN+3 steps up cooperation in food security

The 18th Meeting of the ASEAN Ministers on Agriculture and Forestry and the Ministers on Agriculture of China, Japan and the Republic of Korea (18th AMAF+3) took place in Hanoi on October 12.
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.
Substantial reforms needed to adapt to Industry 4.0 Business

Substantial reforms needed to adapt to Industry 4.0

With the Fourth Industrial Revolution (Industry 4.0) in full swing, many countries – including Vietnam – are in the midst of a new technological wave that not only creates opportunities, but also brings challenges to the local government, businesses, and consumers.