09:53 | 30/03/2020 Economy- Society
(VEN) - Vietnamese small and medium-sized enterprises (SMEs) need to strengthen connectivity between domestic and foreign-invested enterprises, improve high quality workforce training and expand cooperation opportunities in order to avoid being left out of global supply chains.
14:56 | 27/03/2020 Environmental Resources
(VEN) - Vietnam has adopted an ambitious roadmap to stop using disposable plastic at stores, markets and supermarkets in urban areas by 2021 and in the whole country by 2025, and replace them with biodegradable materials.
Vietnam paves way to reduced plastic waste contamination
09:00 | 27/03/2020 Environmental Resources
(VEN) - Vietnam is joining a growing pioneering trend of paving roads with recycled plastic. The plastic-suffused asphalt reduces the amount of petroleum in asphalt and repurposes plastic waste that would otherwise contaminate the environment. It is also a cheaper alternative than traditional asphalt.
Vietnam seeks to control inventories, sales pressure
10:02 | 23/03/2020 Economy- Society
(VEN) - A sharp decline in consumer demand after the Tet holiday and the adverse impact of the Covid-19 epidemic have led to the lowest growth of retail sales and revenues from services in the first two months of 2020 compared with the same period in previous years.
Covid-19 epidemic puts pressure on agriculture restructuring
09:56 | 13/03/2020 Economy- Society
(VEN) - The spread of the coronavirus disease (COVID-19) has affected most aspects of Vietnam’s economy, especially the agriculture sector. Experts are advising the agriculture sector to focus on restructuring of production zones and deep processing, strengthen connectivity to develop value chains and seek alternative markets to minimize negative impacts, creating a foundation for growth once the epidemic is controlled.
Hanoi supports development of collective economy
10:03 | 11/03/2020 Economy- Society
(VEN) - Cooperatives in Hanoi have gradually become a new factor contributing to the city’s socioeconomic development. However, since the scale and competitive capacity of cooperatives remain limited, Hanoi plans measures to help the local collective economy achieve more efficient development.
Vietnam’s major trade pacts: Where challenges offer opportunities
09:21 | 06/03/2020 Economy- Society
(VEN) - In 2020, free trade agreements (FTAs) are expected to continue providing Vietnam with export and investment attraction opportunities. Businesses need to take the initiative in making the best of those opportunities, Vo Tri Thanh, Director of the Institute for Brand and Competitiveness Strategy, told Vietnam Economic News’ Ngoc Thao.