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Local garment industry looking towards sustainable development

HÀ NỘI — The Vietnam Textile and Apparel Association (VITAS) is committed to promoting the sector’s sustainable development with the aim of raising the living standards of its employees under the UN’s Sustainable Development Goals (SDGs). It has been estimated that the global fashion industry consumed 79 billion cubic metres of water, emitted 1,715 million tonnes of CO2, and […]


Việt Nam needs to invest in processing, packaging of agricultural products: experts

  A fruit processing plant in the Cửu Long (Mekong) Delta. — VNA/VNS Photo HCM CITY — Fruit and vegetable exporters should improve their processing technologies, especially in the post-harvest and packaging stages, to preserve their products longer and enhance their value, experts said. Statistics from the Ministry of Agriculture and Rural Development show that the […]


Ministry develops measures to distribute agro products amid pandemic

  Vegetables for sale in An Giang Province. The Ministry of Agriculture and Rural Development is working to promote the distribution of farm products amid the resurgence of COVID-19. VNA/VNS Photo HÀ NỘI — The Ministry of Agriculture and Rural Development is working to promote the distribution of farm products amid the fourth outbreak of […]


Textile stocks slump despite profit rises

  Garment products are made at TNG Investment and Trading JSC in Thái Nguyên Province. Shares of TNG have slumped 13 per cent  compared to the beginning of April. VNA/VNS Photo Hoàng Nguyên  HÀ NỘI Despite a positive recovery in the first quarter of this year, textile company stocks continued to decrease. Even though positive earnings and good […]


Local businesses asked to stay vigilant to maintain export growth

  Workers in Hung Viet Garment Joint Stock Company in Hưng Yên Province. Local businesses asked to stay vigilant to maintain export growth. — VNA/VNS photo Trần Việt   HÀ NỘI – Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has undergone complicated […]


Việt Nam maps out plan to develop collective economy, cooperatives

HÀ NỘI — The Ministry of Planning and Investment (MoPI) has submitted a plan on developing the collective economy and cooperatives for the 2021-2025 period to the Prime Minister for approval.  The plan is part of an effort to carry out the strategy on developing the collective economy and cooperatives for the 2021-2030 period to lay a foundation for […]


Market reverses course, VN-Index up nearly 18 points

Masan High-Tech Materials’ mineral processing plant at Núi Pháo polymetallic mineral mine. Masan Group shares hit the maximum daily gain of 7 per cent on Monday. Photo masangroup.com HÀ NỘI — Việt Nam’s stock market opened a new week on a positive note as strong demand for some pillar stocks pushed up sentiment.  The market benchmark VN-Index finished […]


VinGroup to stop production of smartphones and TVs

  Vsmart’s headquarters in Hà Nội. — Photo cafebiz.vn HÀ NỘI — VinGroup is to halt the production of TVs and smartphones to focus on the development of its Internet-of-Things and Infotainment for VinFast cars, according to a press release by the country’s largest conglomerate yesterday.  “Production of smartphones and smart TVs (Vsmart) is no […]


Vietnamese firms’ overseas investment surges in first four months

  A staff member of Lumitel – the brand name of Viettel Group in Republic of Burundi, Africa hands-over leaflets to local people. — Photo baotintuc.vn  HÀ NỘI Vietnamese firms invested US$545.9 million in overseas projects in the first four months of 2021, a year-on-year rise of 7.9-fold, according to the Ministry of Planning and Investment. There were 18 […]


Hải Dương prepares to introduce Thiều lychee on e-commerce platforms

  Hải Dương prepares to introduce Thiều lychee on e-commerce platforms. — VNA/VNS Photo  HẢI DƯƠNG — Authorities of the northern province of Hải Dương are carrying out necessary procedures to offer from 5-10 products meeting standards in the ‘One Commune – One Product’ (OCOP) programme, including Thiều lychee, for sale on e-commerce platforms before May 18. The […]


Increase in Việt Nam – Belgium trade brings more opportunities for investors: experts

  A view of DEEP C Industrial Zone in the northern province of Hải Phòng. Over the past decade, trade and investment relations between Việt Nam and Belgium have improved considerably. — Photo courtesy of the firm HÀ NỘI — The vietnam-briefing.com published by Dezan Shira & Associates – a consultancy firm on foreign investment in Asia – has run an […]


Bright growth outlook for Việt Nam in 2021: experts

  The good macroeconomic indexes indicate the economy has developed in a right direction over the last four months. — Photo baochinhphu.vn HÀ NỘI — Leading economists have an optimistic growth outlook for Việt Nam in 2021 despite the COVID-19 pandemic. According to the Ministry of Planning and Investment, key indexes show the economy is bouncing […]


Banks want central bank to hike credit growth quotas as economy rebounds

According to data released by the General Statist ics Office, as of March 19 overall banking credit was up 1.47 per cent, 2.16 times the rate a year earlier. — Photo nganhangviet.org  Compiled by Thiên Lý Nguyễn Xuân Dương, chairman of Hưng Yên Garment Corporation, said his company expects its turnover to increase by 5-10 […]


Hà Nội boosts sales of rural products

  Last year, Hà Nội organised four trade promotional events for products from local OCOP products as well as those from other regions across the country.  Photos courtesy of Hà Nội Rural Development Division HÀ NỘI —  With many craft villages and a huge amount of products qualified for the One Commune One Product (OCOP) programme, Hà Nội has many […]


HCM City industrial revival well on course

  A mechanical component manufacturing factory in HCM City. — VNA/VNS Thanh Vũ HCM CITY — With industrial production recovering month after month HCM City enterprises are confidently resuming investment and restoring production, especially of key industrial products, according to the city Department of Industry and Trade. The index of industrial production (IIP) went up […]


Lộc Trời’s revenue up over 220 per cent in Q1 on crop protection sales

Lộc Trời’s buildings in District 2, Hồ Chí Minh City. Photo nhipcaudautu.vn HÀ NỘI — In the first quarter, Lộc Trời Group’s net revenue jumped by over VNĐ1.66 trillion with businesses of crop protection products contributing the most to the gain.  According to Lộc Trời, its revenue rose 223.4 per cent year-on-year to nearly VNĐ2.43 trillion. Of […]


Foreign investors will soon return to Việt Nam’s stock market: HSBC

As of April, the market benchmark VN-Index jumped 12.4 per cent compared to the beginning of the year, outperforming all the major regional benchmarks. — Photo tapchitaichinh.vn HÀ NỘI — Việt Nam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to […]


Shares forecast to correct on cautious sentiment

  Investors make transaction orders at Bảo Việt Securities Co’s transaction floor. It is forecast that the market will see corrections at the beginning of this week. VNA/VNS Photo Trần Việt HÀ NỘI — Vietnamese stocks are forecast to stay on a downward trend this week due to caution among investors and accelerated selling pressure from foreigners, […]


US firms interested in Vietnamese supply chain

  Cargo being handled at Cát Lái Port in HCM City’s District 2. Việt Nam saw its popularity among Western buyers grow by leaps and bounds over the past few years. — VNA/VNS Photo HÀ NỘI — A new report has found 43 per cent of US-based respondent companies cited Việt Nam among their top three buying geographies as of early […]


Pandemic gives push to digital transformation, SMEs urged to join in the race

  A man experiences on-the-spot travel via a new digital platform.  VNA/VNS Photo HÀ NỘI — The COVID-19 pandemic has sped up the process of digital transformation in businesses, experts said, and has urged companies to consider their own resources and conditions to ensure and increase efficiency. Workers at a construction site in Hà Nội use FaceID on […]