Applying new technologies to reduce production cost and increase competitive edge is the urgent solution for the garment-textile industry given global fiercer competition.
The APEC Economic Leaders on November 11 adopted the Da Nang Declaration, affirming their determination to take bolder and sustained collective actions to inject new dynamism into APEC cooperation.
Deputy Prime Minister Pham Binh Minh received a statement of the International Trade Union Confederation – Asia Pacific from its Secretary General Shoya Yoshida in Hanoi on November 3.
State-owned enterprises and local businesses should pay due attention to training workers for the fourth industrial revolution (Industry 4.0) so that they are not rendered redundant, experts said.
Continued dependence on raw and auxiliary materials imports will constrain Vietnam’s textiles and garment industry from taking real advantage of various Free Trade Agreements signed by the country, industry insiders said.
Authorities of the Mekong city of Can Tho and Brazil’s Maranhao state on October 26 signed a letter of intent to set up friendship and cooperation in rice research and production and aquaculture.
Vietnamese Deputy Prime Minister Trinh Dinh Dung called on member economies of the Asia-Pacific Economic Cooperation (APEC) forum to cooperate and support each other in building and developing sustainable and green agriculture adaptable to climate change.
Many leading fashion houses have switched from Chinese to Vietnamese makers of leatherware, acknowledging the improved quality of leather craftsmanship in Vietnam, industry insiders say.
Vietnam wastes at least 23 trillion VND (1 billion USD) annually on fertilisation, experts said and called for replacement of conventional fertiliser with more hi-tech products.
A workshop discussing smart production towards sustainable development for the textile and garment industry was held by the Vietnam Textile and Apparel Association (VITAS) in Hanoi on July 13.
After watching the staff working hard to transport materials and products to and from a coffee processing company, Vu Quang Tho asked them why they didn’t think of a way to save time and effort.
Vietnam produced 34.3 billion USD worth of cellphones and components for export in 2016, 99.8 percent of which made by FDI firms. Low local content ratio in manufacturing may hold back the economy.
Queen Maxima of the Netherlands, also the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, visited farmers and businesses in the Central Highland province of Lam Dong on May 30.
Vietnam needs to invest in human resources to take advantage of and keep updated about the fourth industrial revolution, Nguyen Van Thu, President of the Vietnam Association of Mechanics said.
Some 14 seafood processing clusters covering 78.83 hectares have been invested in the central province of Nghe An so far to promote production efficiency for local fishermen.
The Ministry of Industry and Trade held a forum in Hanoi on April 11 to evaluate the impacts of the fourth industrial revolution (4IR) on Vietnam’s socio-economic affairs as well as organizations and businesses.
There is a huge opportunity for Vietnamese firms to invest in agriculture in their countries and export agricultural produce to other markets, Cambodian and Myanmarese officials have said.
National reform and sustainable development in East Asia was the main topic of a forum in Hanoi on Mar 24 by the Development Strategy Institute under the MPI and the Forum Oh-rae of the RoK.
Demand for agricultural products is increasing while resources needed for farming are shrinking, and this provides young people with the opportunity to start up businesses that offer advanced solutions and innovative projects to increase productivity and quality.