Global footwear brands like Adidas, Nike and Puma are increasingly turning to Vietnam for their manufacturing needs due to its affordable labour costs and free trade agreements.
The market management force of Vietnam is committed to strictly handling violations of intellectual property (IP) rights so as to create an optimal environment for foreign investors, including those from the Republic of Korea (RoK), an official of the Ministry of Industry and Trade (MoIT) has said.
Many Japanese investors are keen on investing in the Mekong Delta, Japanese Ambassador to Vietnam Umeda Kunio affirmed at a conference in Can Tho city on April 18.
The General Statistics Office (GSO) has begun carrying out a national business census in 2018 to take stock of the real situation in corporate development.
The Greater Mekong Sub-region (GMS) Business Summit, which opened in Hanoi on March 30 on the sidelines of the sixth GMS Summit as an initiative of Vietnam, has created an opportunity for governments to hold dialogue with enterprises and development partners, and encourage their stronger engagement in GMS activities.
Japan – one of countries leading the way in implementing the advances of the4th Industrial Revolution, is witnessing strong investment from Vietnam’s information technology (IT) firms.
According to the latest survey conducted by the Japanese External Trade Organisation (JETRO), up to 70 percent of Japanese businesses said they want to expand operations in Vietnam, a year-on-year rise of 10 percent.
Vietnam exported over one billion pairs out of 23 billion pairs of shoes sold worldwide in 2017, continuing to maintain the second position (after China) in shoes export.
The Mekong Delta province of Dong Thap will organise an investment promotion conference in Cao Lanh city from December 18-19 to call for investment into 33 local projects.
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.
Vocational education and training must be reformed to meet the requirements of the fourth industrial revolution, experts said on May 25 at a meeting held in HCM City.
The Ministry of Agriculture and Rural Development and the Norwegian Embassy have organised a business seminar on sustainable aquaculture in southern Can Tho city.
A roundtable discussing investing in and exporting to Vietnam was held by the enterprise club of the Association of Enterprises in the Ile-de-France region (MEDEF Ile-de-France) on May 4.
Deputy Prime Minister Vuong Dinh Hue has requested the Electricity of Vietnam (EVN) to review loss-making projects to ensure investment flows for its production and business.
All 2,400 gas stations owned by the Vietnam National Petroleum Group (Petrolimex) are designed to accommodate cash free purchases and can switch to an automated pay model to help reduce labour costs, especially late at night, said Bui Ngoc Bao, Petrolimex’s Chairman.
Vietnam’s logistics sector aims to contribute 8-10 percent to gross domestic product (GDP) by 2025, heard a conference hosted by the Ministry of Industry and Trade (MoIT) in Hanoi on March 6.
Nearly 5 million workers in the textile, electronics and retail sectors will be affected by the technology movement, according to a survey by the Chamber of Commerce and Industry of Vietnam (VCCI) on labour market trends.