Vietnam’s textile export value up almost 7 pct in eight months Business

Vietnam’s textile export value up almost 7 pct in eight months

The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.
HCM City steps up investment ties with Cuba Politics

HCM City steps up investment ties with Cuba

Nguyen Thanh Phong, Chairman of the People’s Committee of Ho Chi Minh City, and visiting Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz discussed ways to promote investment ties between the Vietnamese southern metropolis and Cuba, during their meeting on September 13.
Measures needed to reduce work-related accidents Society

Measures needed to reduce work-related accidents

Compliance with occupational safety and hygiene regulations remains lax, affecting the lives of workers and their families, an official from the HCM City Federation of Labour said at a conference held on September 11.
Vietnam likely to gain 11 billion USD from wood, forest products Business

Vietnam likely to gain 11 billion USD from wood, forest products

Vietnam is likely to reach its export turnover target of 11 billion USD from wood and forestry products this year as the main season for business is in the last six months of the year, according to an official of the Vietnam Timber and Forest Product Association (VIFORES).
China's prolonged falling yuan may harm Vietnam's trade Business

China's prolonged falling yuan may harm Vietnam's trade

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Vietnam’s trade in the short term.