Ba Ria-Vung Province Tau promotes rural industry
15:00 | 11/04/2022 Industry
(VEN) - Through practical support activities, the Department of Industry and Trade of the southeastern province of Ba Ria-Vung Tau has helped improve the competitiveness and market share of outstanding rural industrial products.
Vietnam feels rising inflationary pressure
13:00 | 11/04/2022 Trade
(VEN) - The National Assembly has a GDP growth target of 6-6.5 percent in 2022 and 4 percent on average for the consumer price index. In the first quarter of the year, input prices, especially gasoline and oil, have risen sharply, and along with other factors have been putting great pressure on inflation.
Vietnamese goods need to gain foothold in UK, official says
06:00 | 11/04/2022 Trade
(VEN) - Nearly one year after implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has fulfilled its promise with numerous exports recording positive growth. Deputy Minister of Industry and Trade Tran Quoc Khanh talked about the trade deal in an interview with Vietnam Economic News’ Thu Thuy.
Long An boosts farm produce processing
09:00 | 10/04/2022 Industry
(VEN) - Industry promotion projects have helped farm produce processing enterprises in the Mekong Delta province of Long An increase productivity, improve product quality and add value to agricultural products.
Government agency advises sticking to 6.5 percent GDP growth
06:00 | 10/04/2022 Economy
(VEN) - Vietnam’s gross domestic product (GDP) growth in the first quarter of 2022 reached 5.03 percent, signaling expected difficulties in achieving the government’s 6.5-percent annual target. However, the General Statistics Office of Vietnam has suggested maintaining the current target level.
Frustrated by low localization rate, Vietnam seeks solutions
06:00 | 09/04/2022 Industry
(VEN) - Vietnam is home to many multinational corporations manufacturing a wide range of products, whether in the aerospace technology and shipping industries or automobiles and electronics. However, domestic industries provide a relatively low percent of the multinationals’ needs for components, parts and raw material, and persistent government efforts to increase the localization rate have yielded limited success.