Post-pandemic recovery brewing in Vietnam’s coffee sector
15:33 | 02/04/2021 Industry
(VEN) - Despite the pandemic-induced production and export slowdown, Vietnam will endeavor to maintain its position as the world’s second biggest coffee producer and exporter, add value to its coffee products and improve incomes of 640,000 coffee farming households. To do so, the Vietnamese coffee industry will increase its presence in foreign supermarket chains through e-commerce while at the same time developing domestic sales.
Digitalization, growth model shift musts for recovery
06:00 | 26/03/2021 Economy
(VEN) - To achieve important targets set for the 2021-2025 period, Vietnam should consider economic digitalization key to shifting its growth model and carry out a “post-Covid-19” mid-term program in association with economic restructuring on the basis of opportunities offered by free trade agreements (FTAs), said economist Dr. Tran Du Lich in an interview with Vietnam Economic News’ Thuy Duong.
Vietnamese startups go global with Amazon
15:00 | 25/03/2021 Trade
(VEN) - Tran Xuan Thuy, CEO of Amazon Global Selling Vietnam, said e-commerce grew six fold in comparison with traditional sales activities in 2020. Vietnamese sellers exceeded US$1 million in sales on Amazon last year, he added.
MoIT cuts export growth target to 4-5 percent
10:53 | 25/03/2021 Trade
(VEN) - Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s (MoIT) Agency of Foreign Trade said the ministry had set a 4-5 percent export growth target for 2021 after carefully considering existing and potential difficulties caused by the pandemic and changes in global trade.
European trade deal presents craft villages with opportunities, challenges
10:42 | 25/03/2021 Industry
(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) promises opportunities for products of Vietnamese craft villages to increase their presence in the EU market. However, opportunities come alongside challenges, requiring craft villages’ breakthrough changes. Vietnam Economic News’ Do Nga spoke with Luu Duy Dan, Chair of the Vietnam Association of Craft Villages.
Vietnam boosts domestic support industries
06:00 | 23/03/2021 Industry
(VEN) - The development of supporting industries (SI) is one of the most important solutions for Vietnam to attract foreign direct investment (FDI) and accelerate technology acquisition and transfer.