The output reduction of the Tax Incentive Program for automobile manufacturing and assembly has not been considered

The output reduction of the Tax Incentive Program for automobile manufacturing and assembly has not been considered

VCN - According to the Ministry of Finance, the proposal to continue reducing the output of the current Tax Incentive Program for automobile manufacturing and assembly is not appropriate.
Vietnam’s manufacturing sector experienced third consecutive decline

Vietnam’s manufacturing sector experienced third consecutive decline

Vietnam's manufacturing sector continued a declining path in May with economists and industry insiders saying weak demand is a major contributor, according to a report published on June 1 by S&P Global.
Find a way to join global supply chain for supporting industry enterprises

Find a way to join global supply chain for supporting industry enterprises

VCN - By cooperating with large manufacturers who invest in Vietnam, supporting industry enterprises will have more opportunities to join the global value chain.
Industrial production in the first quarter: many key industries fell

Industrial production in the first quarter: many key industries fell

VCN - The industry's added value decreased by 0.82% over the same period last year, the deepest decrease in more than 10 years. Many important indicators of key industries declined, especially the processing and manufacturing industries.
Vietnam’s process manufacturing attractive to foreign investors

Vietnam’s process manufacturing attractive to foreign investors

Vietnam’s process manufacturing sector has to date attracted 252 billion USD in foreign direct investment (FDI), accounting for nearly 60% of the total foreign capital poured into the Southeast Asian country.
Increasing the capacity of suppliers in the processing and manufacturing chain

Increasing the capacity of suppliers in the processing and manufacturing chain

Enterprises must improve the quality and quantity of domestic tier 1 and tier 2 suppliers, to increase their ability to participate in the supply chain and improve the localisation of domestic industrial products.
Việt Nam’s manufacturing continues improvement in November

Việt Nam’s manufacturing continues improvement in November

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 52.2 in November from 52.1 in October, signalling a second successive modest improvement in business conditions.
Việt Nam’s manufacturing continues improvement in November

Việt Nam’s manufacturing continues improvement in November

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 52.2 in November from 52.1 in October, signalling a second successive modest improvement in business conditions.
Vietnam’s manufacturing sees decline in output amid COVID-19 outbreak

Vietnam’s manufacturing sees decline in output amid COVID-19 outbreak

The Vietnam Manufacturing Purchasing Managers' Index (PMI) ticked up to 45.1 in July from 44.1 in June, signalling a marked deterioration in business conditions across the sector for the second month in a row.
Modernising management of goods processed and manufactured for export

Modernising management of goods processed and manufactured for export

VCN - Procedures related to export processing and manufacturing goods will be carried out online. Information about management of export processing and production, import, export, inventory of raw materials, supplies and machinery between enterprises and
Deputy minister stresses significance of processing, manufacturing sector

Deputy minister stresses significance of processing, manufacturing sector

The processing and manufacturing sector is a prerequisite to improve capacity for industrial firms and those operating in supporting industries in particular, Deputy Minister of Industry and Trade Do Thang Hai has said.
Proposed to consider further extending tax incentives for automobile manufacturing and assembly

Proposed to consider further extending tax incentives for automobile manufacturing and assembly

VCN - Deputy Prime Minister Le Van Thanh assigned the Ministry of Finance to assume the prime responsibility for, and coordinate with relevant agencies in, reviewing the implementation of the tax incentive program for automobile manufacturing and assembly
Manufacturing and processing sector playing key role in FDI attraction

Manufacturing and processing sector playing key role in FDI attraction

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.
Vietnam’s manufacturing sector strengthens in March

Vietnam’s manufacturing sector strengthens in March

Vietnam’s manufacturing sector gained growth pace at the end of the first quarter, with marked increases in output, new orders and exports, leading to stronger rises in employment and purchasing activity, according to a report by the London-based global information provider IHS Markit.
Priority to develop processing and manufacturing industries

Priority to develop processing and manufacturing industries

VCN - Processing and manufacturing industries play an important role in the overall growth of the economy, but over the years, the development of the manufacturing and processing industry has faced many barriers.
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