Wood industry regains growth momentum Business

Wood industry regains growth momentum

Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of 12 billion USD, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).
Domestic labour market shows rosy signs in Q4 Society

Domestic labour market shows rosy signs in Q4

Business and production activities are expected to pick up in the last three months of a year, thus helping with the recovery of the labour market from the negative impacts of the COVID-19 pandemic. Therefore, the unemployment rate is likely to drop and labourers’ income is expected to rise in the last quarter of this year, experts said.
Tuna exports to EU surging Business

Tuna exports to EU surging

Turnover of Vietnamese tuna exported to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of August.
Tra fish exporters struggle with production, exports Business

Tra fish exporters struggle with production, exports

Tra (pangasius) fish farming has been hit by a double whammy of COVID-19 and prolonged saltwater intrusion in rivers in the Mekong Delta region, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s production decreases in August Business

Vietnam’s production decreases in August

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.
Cambodia surveys garment workers’ lives World

Cambodia surveys garment workers’ lives

Cambodia’s Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment workers’ living conditions and the impact of COVID-19 on them until July 31, local Khmer Times reported.
Manufacturing output returns to growth in June Business

Manufacturing output returns to growth in June

The Vietnamese manufacturing sector returned to growth in June as success in suppressing the coronavirus pandemic and greater business confidence helped lead to renewed expansions in output and new orders.
Wood exports grow thanks to businesses’ activeness Business

Wood exports grow thanks to businesses’ activeness

Despite the COVID-19 pandemic’s impact, the wood industry still enjoyed 3.2 billion USD in exports in the first four months of 2019, up 6 percent year on year, thanks to businesses’ efforts to switch to online trading and find new markets.
Wood processing firms survive amid COVID-19 Business

Wood processing firms survive amid COVID-19

Many wood processing firms have managed to operate despite the COVID-19 pandemic and many have even chalked out measures to take advantage of the opportunities on offer when the pandemic is over.
Garment exports fall 6.6 percent in four months Business

Garment exports fall 6.6 percent in four months

The total textile and garment export value in the first four months of this year dropped by 6.6 percent year-on-year to 10.64 billion USD, according to the Vietnam Textile and Apparel Association (Vitas).