Garment, textile sector still strong

Garment, textile sector still strong

Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2%, and the outlook is bright for next year too, the Vietnam Textile and Apparel Association (VITAS) has said.

More capsule hotels built in Vietnam

More capsule hotels built in Vietnam

With a 30% growth rate in the number of travelers, building or buying hotels promises big profits for investors, including capsule hotels, which have opened in Ho Chi Minh City and other tourism cities.

Vietnamese electronics industry in desperate need

Vietnamese electronics industry in desperate need

The Vietnamese electronic supporting industry is considered too weak to access the global supply chain. Without linkages and collaboration, Vietnamese businesses will lose their market share.

Expo-Russia Vietnam to enhance bilateral economic links

Expo-Russia Vietnam to enhance bilateral economic links

Expo-Russia Vietnam 2017, the second edition, is scheduled to take place at Melia Hanoi from December 13 to 15 with a view to promoting the two countries’ trade and economic ties and Russia’s export to Southeast Asia.

Vietnam: 90% of farm products exported in raw form

Vietnam: 90% of farm products exported in raw form

Though Vietnam is among the world’s top exporters of farming produces, 90% of the products are exported in the raw form with quality and value lower than many foreign rivals, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong in a recent meeting.

WB forecasts Vietnam's GDP growth at 6.7% this year

WB forecasts Vietnam's GDP growth at 6.7% this year

VOV.VN - Vietnam’s growth is forecast at 6.7% this year and 6.5% in the next two years with a low inflation rate, the World Bank said at the launch of Taking Stock- its bi-annual economic report on Vietnam in Hanoi on December 11.

Vietnamese goods enjoy promotion gains

Vietnamese goods enjoy promotion gains

A programme launched by Ho Chi Minh City has proved to be effective in promoting local-made products and supporting domestic businesses to develop brands and improve their production.

E-tax payment service to be expanded

E-tax payment service to be expanded

The General Department of Taxation has announced it has finished refining the pilot online-based tax payment service (E-Tax) for enterprises.

USG Boral increases investment in Vietnam

USG Boral increases investment in Vietnam

USG Boral, a Malaysia-based plasterboards manufacturer, has announced its US$20 million investment in a plant at Hiep Phuoc Industrial Zone in Ho Chi Minh City, to expand its production in Vietnam.

Measures sought to increase added value of coffee

Measures sought to increase added value of coffee

Measures were sought to promote coffee processing to enhance coffee export value to US$6 billion by 2030 at a workshop in Da Lat city, the Central Highland province of Lam Dong on December 9.