The Ministry of Industry and Trade (MoIT) will focus on removing difficulties in industrial sectors in the second half of this year, especially the processing and manufacturing industry, to expand production and business.
Market operation is a decisive factor for Vietnam if the country is to make full use of the advantages brought about by the EU-Vietnam Free Trade Agreement (EVFTA) and lure foreign investment effectively, experts say.
Indonesia’s manufacturing industry is facing two main obstacles in terms of limited cash and working capital flows amidst the COVID-19 pandemic in the country, said Industry Minister Agus Gumiwang Kartasasmita on May 20.
Indonesia’s manufacturing industry kept positive growth at 10.11 percent in the first quarter of 2020 amid the pressure caused by the COVID-19 pandemic.
Indonesia's economy is likely to begin recovering in the last quarter of 2020 before the growth accelerates in 2021 with an expected expansion of between 4.5 and 5.5 percent, according to Indonesian Finance Minister Sri Mulyani Indrawati.
The Purchasing Managers’ Index (PMI) of the Philippines in manufacturing rose to 52.3 points in February from 52.1 last January in spite of the COVID-19 outbreak, according to London-based global information provider IHS Markit Ltd (IHS Markit).
A survey conducted by the Japan External Trade Organization (JETRO) has found that Indonesia’s productivity in the manufacturing industry is lower than that of its peers in other Southeast Asian countries.
Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).
The 2019 Vietnam International Machinery Fair and 2019 Vietnam Supporting Industry Fair opened in Ho Chi Minh City on December 11, offering opportunities for companies in the manufacturing and supporting industries to compare notes and explore business opportunities.
Vietnam ranked 42nd in the world and fifth among South and Southeast Asian nations in the 2018 Competitive Industrial Performance rankings of the United Nations Industrial Development Organisation.
The 7th International Precision Engineering, Machine Tools and Metalworking Exhibition & Conference (MTA Hanoi 2019), themed “We are Industry 4.0 ready!”, opened at the International Centre of Exhibition in Hanoi on October 16.
Exports by domestic businesses in the first nine months of 2019 grew by 16.4 percent year on year, much faster than the pace seen in the foreign invested sector, statistics show.
By now, the PVN has built a modern oil and gas manufacturing industry able to effectively meet the needs for exploration and exploitation in replacement of the products it previously had to import.
The southern province of Dong Nai recorded a GDP growth of 8.02 percent in the first six months of this year, according to the provincial People’s Committee.
The central city of Da Nang will continue to prioritise investment projects with advanced technologies and high added value in the future, said Huynh Lien Phuong, Director of the municipal Investment Promotion and Support Board.
The United States International Trade Commission (USITC) has announced its final conclusion of its sunset reviews concerning anti-dumping to utility scale wind towers imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).
The northern province of Ha Nam has been in the top 10 localities in foreign direct investment (FDI) attraction for years thanks to the province’s efforts to diversify investment promotion methods and seek investors, authorities have said.
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