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Tight material supply impedes textile exports
Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.
VinFuture Prize 2022 officially announces commencement of the pre-screening round
The commencement of VinFuture Pre-Screening Round was officially announced on May 18.
Vietnam International Premium Products Fair attracts over 250 exhibitors
The Vietnam International Premium Products Fair will be held again in Ho Chi Minh City after being delayed due to the COVID-19 pandemic.
IFC, HDBank in tie-up to help SMEs scale up finance, enter global supply chains
The International Finance Corporation (IFC) and the HCM City Development Joint Stock Commercial Bank (HDBank) signed a memorandum of understanding on May 11 to become strategic partners for helping small and medium enterprises scale up finance and participate in global supply chains.
Policies needed to support steel industry development
Over-reliance on input material imports, small production value and outdated technology were among the major weaknesses of Vietnam's steel industry, said a recent report by the Ministry of Industry and Trade.
AEON Mall Vietnam to build trade centre in Hue
AEON Mall Vietnam plans to build its first trading centre in the central region, AEON Mall Hue, covering a total 86,000sq.m, with an investment of US$170 million in Thua Thien-Hue province’s An Van Duong new urban area.
Da Nang calls for investment from Germany’s Bremen
The Investment Promotion Agency (IPA) of Da Nang has offered investment opportunities to businesses from Bremen, Germany, in seaport, logistics and information technology (IT) during a recent working visit by representatives of Bremen.
Banks plan to increase charter capital to US$2.8 billion in 2022
The capitalisation of Vietnam’s banking sector is expected to increase by nearly US$2.8 billion this year.
Strategy needed for air freight to take off
Vietnam needs to have an appropriate strategy to promote the development of air logistics and tap its large potential, experts have said.
Pangasius exports to US enjoy record prices
The average price of Vietnam’s tra fish (pangasius) exported to the US increased sharply in the first quarter of this year to the highest ever level of US$4.5 per kilogramme, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).