Ministry tightens supervision to avoid trade sanctions Business

Ministry tightens supervision to avoid trade sanctions

Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade sanctions imposed by other nations.
Agricultural products ahead of CPTPP Business

Agricultural products ahead of CPTPP

According to Chairman of the Vietnam Farmers' Association Thao Xuan Sung, the export ratio of raw agricultural products is still high with low quality and quantity of value chains.
Vietnam benefits from firms’ moving out of China Business

Vietnam benefits from firms’ moving out of China

Vietnam, boasting complete infrastructure, abundant industrial property on offer and a line-up of inked free trade pacts, is an attractive destination for world’s leading corporations, who are shifting production out of China due to high costs, said real estate consulting company CBRE Vietnam.
Quang Nam province debuts nano-tech shrimp farms Society

Quang Nam province debuts nano-tech shrimp farms

The central province of Quang Nam has introduced the first hi-tech shrimp farming projects in Thang Binh district’s coastal Binh Hai commune on 6.5 hectares with a total investment of 33 billion VND (1.5 million USD).
FDI firms in south gear up for CPTPP Business

FDI firms in south gear up for CPTPP

Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Vietnam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).
Vietnam’s economy enjoys auspicious start Business

Vietnam’s economy enjoys auspicious start

Vietnam’s economy enjoyed a more sustainable growth in the first quarter of the year with a strong economic expansion of 7.38 percent, the best first-quarter performance in the last decade.
Prime Minister urges Vinatex reform Business

Prime Minister urges Vinatex reform

Prime Minister Nguyen Xuan Phuc has urged the Vietnam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business.