Textile enterprises

Textile enterprises' results mixed in the second half of 2022

The demand for textiles and garments will tend to decrease due to the overbought of consumers in 2021, while high inflation is cutting people’s spending on unnecessary products.
Vietnam-Korea Industrial Business Trade Week slated for early July

Vietnam-Korea Industrial Business Trade Week slated for early July

A trade promotion event that connects South Korea’s fundamental industrial manufacturing enterprises (PPURI Industry) and Vietnamese importers will be held online during July 4-8 by the Korea Trade and Investment Promotion Agency (KOTRA).
Market trend changes and how to export rubber sustainably?

Market trend changes and how to export rubber sustainably?

Rubber consumption in the world is changing. Regulations on the legality and sustainability the import raw materials to create products are increasingly strict.
Global manufacturers gradually focus on Việt Nam

Global manufacturers gradually focus on Việt Nam

Many manufacturers in the global supply chain of major firms are gradually focusing on Việt Nam.
Vietnamese fish sauce industry seeks ways to expand abroad

Vietnamese fish sauce industry seeks ways to expand abroad

Vietnamese fish sauce needs to improve the food hygiene and safety as well as diversify products to expand exports.
HCM City attractive investment destination for Europe: forum

HCM City attractive investment destination for Europe: forum

HCM City offers numerous investment and business opportunities for European businesses, a Việt Nam – Europe Business Forum heard yesterday (June 30).
What is the model of logistics development for the Mekong Delta region?

What is the model of logistics development for the Mekong Delta region?

VCN - As the seafood and food export center of the country, most of the export goods of the Mekong Delta region are transported to the ports of Ho Chi Minh City and Ba Ria-Vung Tau to board export ships. At seminars on logistics development in the Mekong
“Open path” for more investment and development of business

“Open path” for more investment and development of business

Businesses have bounced back thanks to macroeconomic stability, but further support for the community businesses is still crucial and must focus on key areas.
From now until the end of the year, interest rates will face many upward pressures

From now until the end of the year, interest rates will face many upward pressures

VCN - Recently, the US Federal Reserve (Fed) decided to increase interest rates by 0.75 percentage points, to 1.5-1.75%, to restrain inflation. This is the highest interest rate of the Fed since the outbreak of the Covid-19 pandemic in March 2020.
Firms advised to be cautious when exporting agricultural products via Lào Cai’s border gate

Firms advised to be cautious when exporting agricultural products via Lào Cai’s border gate

Vietnamese enterprises should be cautious before transporting agricultural products to Lào Cai's Kim Thành II border gate for export to minimise losses although Chinese authorities are piloting the re-import of these products, according to Hà Đức Thuận, deputy head of Lào Cai Border Gate Management Board.
Two-way trade between Vietnam and the UK recovers thanks to UKVFTA

Two-way trade between Vietnam and the UK recovers thanks to UKVFTA

The implementation of the UKVFTA Agreement has brought impressive growth to two-way trade between Vietnam and the UK in 2021 and is continuing to show a positive recovery in the post-Covid-19 period.
Better policies needed to develop ocean economy

Better policies needed to develop ocean economy

Appropriate policies and regulations will help fully exploit untapped potential in developing the marine economy.
Newly-established businesses in H1 exceed 70,000 for first time

Newly-established businesses in H1 exceed 70,000 for first time

There were 76,233 newly-registered enterprises in the first six months of this year, an increase of 13.6 per cent compared to the same period last year.
Pressure to increase the exchange rate, will the State Bank take action?

Pressure to increase the exchange rate, will the State Bank take action?

VCN - Pham Chi Quang, Deputy Director General in charge of the Monetary Policy Department, State Bank of Vietnam (SBV), said that the agency will increase the frequency of selling foreign currency interventions.
More than 10 million medical masks exported in May

More than 10 million medical masks exported in May

VCN – According to statistics from the General Department of Customs, eight enterprises across the country exported 10.4 million medical masks in May 2022.
Explosive e-commerce growth drives demand for logistics

Explosive e-commerce growth drives demand for logistics

The rapid growth in e-commerce is driving an unprecedented increase in demand for logistics services, including express delivery services, according to industry insiders.
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Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - According to experts, in value chain links, agricultural cooperatives both play a role in promoting links between farmer households through collective economic activities to organize production and promote vertical linkages with businesses along the
Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN - According to the latest statistics of the General Department of Customs, the import-export turnover between Vietnam and China in March reached US$ 16.32 billion, including Vietnam's exports achieved US$5.15 billion, imports reached US$11.17 billion.
Tra fish export to UAE jumps 67% in Q1

Tra fish export to UAE jumps 67% in Q1

Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Pepper prices continue increase trend

Pepper prices continue increase trend

Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
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