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Enhancing product quality and optimising production cost would help domestic steel producers compete with the cheap products imported from China, Nguyen Van Sua, deputy president of the Vietnam Steel Association, said.
The food processing and drinks industry has seen growth of 7 per cent in recent years, with more and more foreign investors deciding to pour money into the sector.
The Vietnamese habit of making big-ticket purchases ahead of Lunar New Year has sparked off huge demand for cars in recent weeks.
Forestry experts are optimistic about the future in Vietnam, largely thanks to community-based forest management.
Shrimp farming on sandy land has brought profits to the coastal central provinces over the years. But the unplanned and spontaneous expansion of this model is accompanied by the potential of severe negative impacts on economy and environment.
The fierce competition in both the domestic and export markets is forcing ceramic producers to improve their production process and product quality.
The State Bank of Vietnam (SBV) has so far this year bought more than 1 billion USD from commercial banks to build up the nation’s foreign currency reserves.
World-renowned bubble artist Fan Yang, who has enchanted audiences all over the world with his unique and fantastic shows combining lasers and music, has returned to Vietnam to dazzle spectators.
Russian automotive manufacturer Gorkovsky Avtomobilny Zavod (GAZ) is seeking a joint venture with local Thanh Dat Group to build an automobile plant in the central city of Da Nang.
Prime Minister Nguyen Xuan Phuc has approved a project on passenger transport quality supervision and safe traffic.