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.
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.
Support industries urged to boost efforts to join global supply chains
06:00 | 04/12/2020 Industry
(VEN) - Development of support industries is vital to improving the quality of the economy and attracting additional foreign direct investment (FDI). In addition to help provided by state policies, supporting industry enterprises must intensify their efforts to adapt to the global production chain.
Garment, textile exports shrink, falling short of target
06:00 | 03/12/2020 Industry
(VEN) - Export turnover of the garment and textile sector is expected to reach US$33-35 billion in 2020, a drop of 10 percent compared to the previous year. Although the market is recovering, it will be difficult to achieve the set target of US$42 billion.
Developing key national projects to boost rural industry
13:00 | 01/12/2020 Industry
(VEN) - Instead of focusing on individual projects, the Ministry of Industry and Trade (MoIT) has selected a number of localities to implement long-term key national industry promotion projects of specific products with generous support funding.