Flexible organization of production needed to overcome difficulties

Flexible organization of production needed to overcome difficulties

VCN - Mr. Than Duc Viet, General Director of Garment 10 Corporation, discussed with Customs News.
Construction material hikes put pressure on property prices

Construction material hikes put pressure on property prices

Several key construction materials have seen a sharp price hike during the first three months of 2022, putting significant pressure on property prices, according to the Vietnam Association of Construction Contractors.
Rising prices of plastic materials put a burden on businesses

Rising prices of plastic materials put a burden on businesses

The price of plastic resin increases sharply following the price of oil, putting pressure on plastic enterprises.
Vietnamese ceramics have room for growth

Vietnamese ceramics have room for growth

VCN - Vietnam was the ninth largest exporter of ceramics in the world from 2016 to 2020. The Ministry of Industry and Trade said Vietnam’s ceramic industry still has a lot of room for growth.
Rubber companies enjoy rising earnings despite higher costs of materials

Rubber companies enjoy rising earnings despite higher costs of materials

Many Vietnamese rubber companies have reported positive second-quarter profits despite the rising price of materials needed to produce the popular commodity.
Tax rates on supplies, raw materials and semi-finished products to be altered

Tax rates on supplies, raw materials and semi-finished products to be altered

VCN - The Ministry of Finance has proposed revising the tax rates on supplies, raw materials and semi-finished products in the Export Tariffs.
Depending on imported raw materials, animal feed’s price skyrocket

Depending on imported raw materials, animal feed’s price skyrocket

VCN - To reduce dependence on imports, gradually avoiding the situation of "overeating", Vietnam needs a methodical strategy, along with the sustainable development of animal feed materials.
Businesses expect support packages to come quickly

Businesses expect support packages to come quickly

VCN- Supporting industry enterprises all operate in industrial parks, the risk of disease spread is always present, threatening to disrupt production and cause great damage to the supply chains of multinational corporations in Vietnam and over the world.
Materials industry faces shortage of qualified staff, researchers

Materials industry faces shortage of qualified staff, researchers

Vietnam has advantages to develop a materials industry but has not developed in line with its potential, Tran Tuan Anh, Chairman of the Party Central Committee’s Economic Commission, said at a conference held on April 10 in Ho Chi Minh City.
Agriculture, aquaculture firms focus on growing their own raw materials

Agriculture, aquaculture firms focus on growing their own raw materials

More and more agriculture and aquaculture businesses are setting up their own farms rather than rely on imports for raw materials.
Breakthrough materials industry development to avoid importing everything

Breakthrough materials industry development to avoid importing everything

VCN - The dependence on imported industrial materials has made Vietnam's product prices less competitive, reducing the autonomy of domestic production. If we want to stop importing all kinds of things, the key solution is breakthrough and methodical inves
Footwear sector’s support industry should focus on new materials

Footwear sector’s support industry should focus on new materials

To develop the support industry for the leather and footwear sector the State should have policies to encourage the development of new materials
Businesses seek alternative sources of raw materials in face of COVID-19 threat

Businesses seek alternative sources of raw materials in face of COVID-19 threat

With the novel coronavirus (COVID-19) epidemic showing no signs of slowing down globally, many businesses located in Ho Chi Minh City have started to devise solutions aimed at overcoming the difficulties they face in maintaining production activities and
Firms look for alternative sources of raw materials as epidemic closes China market

Firms look for alternative sources of raw materials as epidemic closes China market

Vietnamese companies many of whom are facing a shortage of feedstock and raw materials as a result of the new coronavirus COVID 19 outbreak in China have started looking at alternative sources
The list of scraps permitted for import will be issued in January 2019

The list of scraps permitted for import will be issued in January 2019

VCN- The list of scraps permitted for import from abroad as raw materials for production is expected to be issued in January 2019, Mr. Thuc said.
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