Asia Pacific manufacturers prioritise digital transformation; struggle with innovation pace (28/08/2024)
Manufacturers around the world are focusing on digital transformation, but achieving that goal is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of IT and operational technology.
Manufacturers around the world are focusing on digital transformation, but achieving that goal is fraught with obstacles, including the cost and availability of labour, scaling technology solutions, and the convergence of IT and operational technology.
Private airport investment solutions still out of reach (28/08/2024)
Efforts to attract private investment in Vietnam’s airports continue to face challenges, as the country seeks viable solutions.
Efforts to attract private investment in Vietnam’s airports continue to face challenges, as the country seeks viable solutions.
HCM City, Guangxi enterprises strengthen collaboration (28/08/2024)
A trade and investment promotion conference between Ho Chi Minh City and China’s Guangxi Zhuang Autonomous Region was held in Vietnam’s southern largest economic hub on August 27.
A trade and investment promotion conference between Ho Chi Minh City and China’s Guangxi Zhuang Autonomous Region was held in Vietnam’s southern largest economic hub on August 27.
Vietnam to boost coal trading with Laos (28/08/2024)
Minister of Industry and Trade Nguyen Hong Dien chaired a working session with energy and mineral enterprises in Hanoi on August 27 to discuss the promotion of coal trading with Laos.
Minister of Industry and Trade Nguyen Hong Dien chaired a working session with energy and mineral enterprises in Hanoi on August 27 to discuss the promotion of coal trading with Laos.
Garment industry improves productivity to reduce pressure from high labour costs (28/08/2024)
Vietnam's textile and garment industry will improve productivity to reduce pressure from increasing labour costs that are putting the textile industry under great competitive pressure.
Vietnam's textile and garment industry will improve productivity to reduce pressure from increasing labour costs that are putting the textile industry under great competitive pressure.
FTAs give impetus to fulfill footwear export target of US$27 billion (28/08/2024)
With local businesses taking full advantage of various free trade agreements (FTAs), the leather and footwear industry is projected to fulfill the export goal of between US$26 billion and US$27 billion this year, according to details given by insiders.
With local businesses taking full advantage of various free trade agreements (FTAs), the leather and footwear industry is projected to fulfill the export goal of between US$26 billion and US$27 billion this year, according to details given by insiders.
Opportunity for Vietnam as Indonesia increases rice tender volumes (27/08/2024)
With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Vietnam.
With the current uncertainties in the global rice market, Indonesia's call for larger rice tenders is a major opportunity for exporters, particularly those from Vietnam.
Phone and component exports to India skyrocket in seven months (27/08/2024)
Vietnamese phone and component exports to India during the past seven months of the year reached US$1.15 billion, representing a sharp rise of 102% on-year, according to data released by the General Department of Vietnam Customs.
Vietnamese phone and component exports to India during the past seven months of the year reached US$1.15 billion, representing a sharp rise of 102% on-year, according to data released by the General Department of Vietnam Customs.
Seminar seeks ways to foster exports to Japan (27/08/2024)
Vietnamese businesses need to improve the quality of their products, and better corporate governance to promote exports to Japan which has high demands for Vietnamese garments and textiles, fine arts, farm produce and food, among others, experts said at a seminar held in Ho Chi Minh City on August 26.
Vietnamese businesses need to improve the quality of their products, and better corporate governance to promote exports to Japan which has high demands for Vietnamese garments and textiles, fine arts, farm produce and food, among others, experts said at a seminar held in Ho Chi Minh City on August 26.
Vietnam's economy projected to grow 6.1% this year: WB (27/08/2024)
Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report.
Vietnam’s economic growth is expected to pick up in 2024, driven by a rebound in manufactured exports and tourism, and recovering consumption and business investment, the World Bank (WB) said on August 26 in a new report.
Deputy PM welcomes Japan’s Aichi prefecture Governor (27/08/2024)
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son on August 26 welcomed Governor of Japan’s Aichi prefecture Omura Hideaki on his sixth visit to Vietnam, saying he believes that it will foster friendly cooperation between Aichi and Vietnam, contributing to the overall development of the Vietnam-Japan comprehensive strategic partnership.
Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son on August 26 welcomed Governor of Japan’s Aichi prefecture Omura Hideaki on his sixth visit to Vietnam, saying he believes that it will foster friendly cooperation between Aichi and Vietnam, contributing to the overall development of the Vietnam-Japan comprehensive strategic partnership.
Vietnamese economy in 2025 to see positive impacts from regional acceleration (27/08/2024)
The economic outlook for the Asia-Pacific region in 2025 remains positive, with growth predicted to accelerate in Southeast Asia and Vietnam being one of the countries that will benefit the most from this trend, according to the analysis results of Analytics, a subsidiary of Moody's Group of the United States.
The economic outlook for the Asia-Pacific region in 2025 remains positive, with growth predicted to accelerate in Southeast Asia and Vietnam being one of the countries that will benefit the most from this trend, according to the analysis results of Analytics, a subsidiary of Moody's Group of the United States.
China’s Yu Chai invests in US$260 million motor manufacturing factory in Vietnam (26/08/2024)
Kim Long Motor Hue JSC and Yu Chai of China on August 23 signed a contract to build a US$260 million motor manufacturing factory at Chan My – Lang Co economic zone in Thua Thien-Hue province, central Vietnam.
Kim Long Motor Hue JSC and Yu Chai of China on August 23 signed a contract to build a US$260 million motor manufacturing factory at Chan My – Lang Co economic zone in Thua Thien-Hue province, central Vietnam.
European businesses indicated continued faith in Vietnam's investment environment (26/08/2024)
FDI results in the first seven months of 2024 were promising while a recent survey of European businesses indicated continued faith in Vietnam’s potential.
FDI results in the first seven months of 2024 were promising while a recent survey of European businesses indicated continued faith in Vietnam’s potential.
Human resources training in semiconductor, AI, cloud computing to be accelerated (26/08/2024)
Under the August 23 dispatch from the Prime Minister, measures have been identified to accelerate the training of high-quality human resources for the semiconductor, artificial intelligence (AI) and cloud computing.
Under the August 23 dispatch from the Prime Minister, measures have been identified to accelerate the training of high-quality human resources for the semiconductor, artificial intelligence (AI) and cloud computing.
Vietnam represents third largest seafood exporter globally (26/08/2024)
Accounting for over 7% of the market share, the nation currently makes up the world's third largest seafood exporter, behind only China and Norway, according to industry insiders.
Accounting for over 7% of the market share, the nation currently makes up the world's third largest seafood exporter, behind only China and Norway, according to industry insiders.
Eight-month fruit and vegetable exports earn close to US$4.6 billion (26/08/2024)
Fruit and vegetable exports grossed more than US$700 million in August alone, bringing total export value to an estimated US$4.58 billion during the eight-month period.
Fruit and vegetable exports grossed more than US$700 million in August alone, bringing total export value to an estimated US$4.58 billion during the eight-month period.
Timber and wood product exports gross US$9.5 billion by mid-August (26/08/2024)
Vietnamese timber and wood product exports from January to August 15 surged by 24% to reach US$9.5 billion against the same period from last year, according to the General Department of Vietnam Customs.
Vietnamese timber and wood product exports from January to August 15 surged by 24% to reach US$9.5 billion against the same period from last year, according to the General Department of Vietnam Customs.
Japan’s deep-tech startups to make waves in Vietnam (23/08/2024)
Despite being in a fledgling state, more Vietnamese deep-tech startups are looking for Japanese funding and backing to scale up their operations.
Despite being in a fledgling state, more Vietnamese deep-tech startups are looking for Japanese funding and backing to scale up their operations.
Exports reach new high achievement (23/08/2024)
According to the latest data from the General Statistics Office, the export value of goods in July reached 36 billion USD, up 6.7% from the previous month and 19.1% from the same period last year. This marked the highest export performance since the beginning of 2023.
According to the latest data from the General Statistics Office, the export value of goods in July reached 36 billion USD, up 6.7% from the previous month and 19.1% from the same period last year. This marked the highest export performance since the beginning of 2023.
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