VNS
8144 news
Lopsided development of its various segments and dependence on imports have weakened the textile industry’s competitiveness and creativeness, experts said.
Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade sanctions imposed by other nations.
Vietnamese businesses are further participating in the global value chain and reaching out to the world market.
Vietnam’s benchmark VN-Index has risen since the ratification of the EU-Vietnam trade agreement on the back of listed firms whose exports would be boosted by the deal.
Kbang Tourism Festival 2019 will be held from July 26 to 28, in Kbang district, Gia Lai province to promote tourism in the Central Highlands region.
The European Chamber of Commerce in Việt Nam (Eurocham) highly values the potential of Việt Nam to become a centre for the research-based pharmaceutical industry including production, export and supplies of high quality healthcare services in the ASEAN region.
The domestic supporting industry needs to improve to take advantage of foreign direct investment (FDI) pouring into Việt Nam, experts have urged.
A documentary film on Vietnamese seas and islands produced by Ho Chi Minh City Television Film Studio (TFS) will air next month.
Vietnamese enterprises must develop globally competitive brands if they want to succeed internationally, speakers said at a conference on domestic trademarks held recently in Ho Chi Minh City.
The mechanical engineering industry needs supportive policies from the Government to enhance its competitiveness during the fourth industrial revolution, officials and industry experts have said.