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Hundreds of million USD fuel plants face closure
The national oil and gas group PetroVietnam, which has insisted on building biofuel plants as part of a biofuel development strategy, has halted the operation of the Dung Quat bio-ethanol plant.
Manufacturers become ‘hired workers’ for distribution chains
Many manufacturing enterprises have lost their brands and the market, becoming outsourced workshops for retailers.
Vietnamese fashion brands warned about more competitive future
When import tariffs on fashion products fall from 20% to zero% after the Trans Pacific Partnership Agreement (TPP) takes effect, Vietnamese fashion brands are expected to encounter significant challenges.
Vietnam plans to have 1,000 cities by 2025
By 2030, Vietnam will have the first megacity: HCM City and by 2025, there will be 1,000 urban areas, according to a special research report from FPT Securities Joint Stock Company (FPTS).