A shift to digital platforms is considered an effective means for businesses to expand export markets as Vietnam integrates more deeply into the global economy, Deputy Minister of Industry and Trade Cao Quoc Hung has said.
With the comprehensive strategic partnership and large purchasing power, Vietnam and India have large potential to increase two-way trade via boosting the export of their strong commodities to each other’s markets, trade officials of the two countries said.
VOV.VN - Vietnam’s leather and footwear industry is aiming to achieve export revenue of US$24 billion during the course of the year, maintaining a double-digit growth rate.
The logistics sector is forecast to continue growing strongly this year, with expansion in both retail and e-commerce channels.
The footwear and handbag industry aims to reach export revenue of US$24 billion in 2020, after hitting $22 billion last year, the industry association said.
Vietnamese Deputy Minister of Industry and Trade Cao Quoc Hung and Deputy Secretary of the Bangladeshi Ministry of Commerce Jafar Uddin discussed measures to lift two-way trade to 2 billion USD during the second meeting of the Joint Sub-Committee on Trade in Hanoi on December 27.
VOV.VN - Up to 179 exhibitors from 15 countries worldwide are showcasing their products at the Hanoi Textile and Garment Industry Expo (HANOITEX) as the event opened on October 23 at the International Centre for Exhibition on Tran Hung Dao Street in Hanoi.
The Vietnam – South African joint trade sub-committee convened the fourth session in Hanoi on October 16 to seek ways to bolster bilateral economic and trade partnerships.
The Vietnam-Laos trade fair (VIETLAO EXPO 2019) kicked off at the Lao International Trade Exhibition and Convention Centre (Lao-ITECC) in Vientiane on June 27.
The leather and footwear sector needs to develop supporting industry to reduce reliance on the import of raw materials, enhance competitiveness and boost high-value exports, said Deputy Minister of Industry and Trade Cao Quoc Hung.
Vietnam’s e-commerce market is predicted to boom in the near future, given that 53% of the population uses the internet and nearly 54 million people use smartphones.
Vietnam holds great advantages to export agricultural products to European Union (EU) countries, whose soil is not suitable for the cultivation of tropical farm produce, experts said.
VOV.VN - The Minister for the Economy of Bulgaria Emil Karanikolov has affirmed his nation's readiness to create the optimal conditions for Vietnamese businesses to penetrate the EU market at a Vietnam-Bulgaria Business Forum in Hanoi on September 18.
Enhancing connectivity between foreign scientists and domestic universities and institutes is a basic solution to further boosting the application of robotic and mechatronic technology in different fields in Vietnam, experts have suggested.
Vietnam’s socio-economic performance in July continued to see positive developments with equal growth in all the three sectors, namely macro economy, industrial production and services.
A conference held in Tuy Hoa city in Phu Yen province on July 12 looked into the industry and trade sectors of 15 localities in the central and Central Highlands regions, urging them to strengthen their connectivity to tap into the local market and boost development.
Vietnam saved 485,000 kWh of electricity, equivalent to VND834 million (US$36,612), during the Earth Hour from 8:30pm-9:30pm of March 24, according to the National Load Dispatch Centre.
The 17th Vietnam-China International Trade Fair kicked off in the north-western border province of Lao Cai on November 10 under the theme “Integration – Cooperation for mutual development”.
Deputy Minister of Industry and Trade Cao Quoc Hung has suggested India back four ASEAN members, namely Cambodia, Laos, Myanmar and Vietnam (CLMV).
A Vietnamese delegation led by Deputy Minister of Industry and Trade Cao Quoc Hung is attending the eighth Vibrant Gujarat Global Summit in India from January 10-13, which focuses on sustainable socio-economic development.