Overcoming low export value challenge
06:00 | 05/10/2022 Trade
(VEN) - Vietnam’s import-export value in the first eight months of 2022 totaled US$499.71 billion. The sum included nearly US$252.6 billion worth of exports and US$247.11 billion worth of imports. Despite a trade surplus of US$5.49 billion, foreign trade activities still encounter certain problems.
Bright prospects for rice exports
06:00 | 03/10/2022 Trade
(VEN) - The conflict between Russia and Ukraine is fueling a global food crisis that affects many countries and has sent prices to record levels. In response, many countries are increasing food reserves, opening up opportunities for rice exporters in Asia, including Vietnam.
Khanh Hoa develops rural industrial products
13:00 | 28/09/2022 Industry
(VEN) - The south-central province of Khanh Hoa has held five events honoring outstanding rural industrial products over the past decade, awarding district-level and provincial-level recognition to 321 and 186 products, respectively. The products include handicraft and fine art articles, processed farm produce, forest products, seafood and foodstuffs and spare parts for mechanical machinery and equipment.
Vietnam seeks access to global value chains
06:00 | 25/09/2022 Industry
(VEN) - Growing participation of Vietnamese supporting industry enterprises in the manufacturing chains of multinational companies is believed to be crucial for the country’s economic growth. However, while many Vietnamese enterprises have been improving their production capacity, the results have fallen short of expectations.
Ba Ria-Vung Tau honors rural products
06:00 | 24/09/2022 Industry
(VEN) - The quality of rural industrial products made in the southeastern province of Ba Ria-Vung Tau has improved greatly as a result of the emphasis placed on honoring their excellence, carving out a growing market niche. Ba Ria-Vung Tau was ranked among the country’s four top provinces in terms of the number of national-level outstanding rural industrial products in 2021 with seven products.