Differences of Vietnam’s supply chain analysed Business

Differences of Vietnam’s supply chain analysed

The website Vietnam Briefing run by Dezan Shira & Associates on March 30 posted an article spotlighting Vietnam’s integration into the global value chains (GVCs) and the differences between the supply chain of Vietnam and those of other countries, as well as an overview of the country’s electronics sector.
Supporting industry firms to get interest rate subsidy Business

Supporting industry firms to get interest rate subsidy

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Pham Tuan Anh, Deputy Director of the Industry Agency under the Ministry of Industry and Trade.
Vietnam has room to climb up global value chains despite COVID-19 Business

Vietnam has room to climb up global value chains despite COVID-19

Though Vietnam has done exceptionally well in quickly containing COVID-19, the pandemic has taken unprecedented toll on its economy. However, it is notable room for the country to further accelerate reforms and climb up global value chain to meet its long-term development goals, heard at a forum on September 29.
More THACO-made semi-trailers shipped to America Business

More THACO-made semi-trailers shipped to America

Vietnamese multi-business group THACO on June 1, 2020 exported to the US market another 36 semi-trailers manufactured at its Special Vehicles Manufacturing Limited Company, or THACO SV, in THACO Chu Lai Industrial Park, Quang Nam province.
COVID-19 presents opportunities to attract more FDI Business

COVID-19 presents opportunities to attract more FDI

The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries.
EVFTA opens door for businesses to join global value chains Business

EVFTA opens door for businesses to join global value chains

The conclusion of the EU – Vietnam Free Trade Agreement (EVFTA) marked the end of an arduous journey with three years of negotiations and another three years for preparation to reach the signing, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Joining global value chains unavoidable for development: workshop Business

Joining global value chains unavoidable for development: workshop

Participating in global value chains is an inevitable step towards building and developing brands, as well as gaining a firm foothold on the world market, said Le Hoang Tai, deputy head of the Trade Promotion Agency, at an investment promotion workshop in Hanoi on April 11.
 SMEs urged to join value chains Business

SMEs urged to join value chains

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.