Supporting industry enterprises prepare to welcome investment wave
06:00 | 15/12/2020 Industry
(VEN) - In order to welcome the wave of investment shifting to Vietnam, Vietnamese supporting industry (SI) enterprises are working hard to improve their capacity, operations and management in order to join the global production chain by supplying raw and auxiliary materials.
Progress made in developing safe food distribution systems
13:00 | 14/12/2020 Economy
(VEN) - The Ministry of Industry and Trade has been implementing activities to develop a safe food distribution system and manage safe food markets, contributing to the formation of supply chains between manufacturers and distributors and helping consumers access quality food.
Thanh Hoa Province boosts rural forest product processing
10:00 | 13/12/2020 Economy
(VEN) - Thanh Hoa is one of the provinces selected by the Ministry of Industry and Trade (MoIT) to implement three-year industry promotion projects to support rural industrial establishments manufacturing and processing forest products.
Ambitious program promotes rural industrial products
10:00 | 12/12/2020 Economy
(VEN) - Building 340 demonstration technology models geared to cleaner production is the goal set out in the National Industry Promotion Program (NIPP) for the 2021-2025 period recently issued by the Government. The program is expected to create a breakthrough in the productivity, quality and competitiveness of rural industrial products.
Vietnamese auto makers import 80 percent of parts they need
13:00 | 11/12/2020 Industry
VEN) - The relatively small size of Vietnam’s auto market, the underdevelopment of support industries and expensive parts and components are the main reason the price of domestically assembled cars is 10-20 percent higher than those made in Thailand or Indonesia.
Vietnam optimistic about growth in first half of 2021
06:00 | 10/12/2020 Economy
(VEN) - According to a recently announced Nikkei Asia report, Vietnam still maintains stable economic growth while other economies in the Southeast Asian region are struggling for recovery. Vietnam is the only model of economic success in the region in the current context and is the only ASEAN member country forecast to maintain growth in the first half of 2021.
Remittances down but still going strong
06:00 | 09/12/2020 Economy
(VEN) - While the Covid-19 pandemic has had a strong impact on the domestic economy, remittances to Ho Chi Minh City and other parts of the country are increasing, reflecting the confidence of overseas Vietnamese in domestic investment.