Vietnam’s industry sector has seen continuous recovery with the index of industrial production (IIP) expanding 6.0% year on year in the first four months of this year, according to the Ministry of Industry and Trade (MoIT).
VOV.VN - The management board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza) has set a target of attracting US$550 million in investment capital this year, averaging at US$8.5 million per ha.
The growth in Vietnam's seafood export turnover in recent years has been created from the foundation of the aquatic farming, exploitation and processing industry.
VOV.VN - As many as 320 domestic and international wood processors are gathering in Ho Chi Minh City for the Vietnam International Woodworking & Furniture (VietnamWood 2023), which opened at the Saigon Exhibition and Convention Center (SECC) in District 7 on September 20.
The Vietnam Chamber of Commerce and Industry (VCCI) on August 18 launched a project to promote the economical and efficient use of energy in supporting and food processing industries in Vietnam.
There remains ample room for the food processing industry to develop further and attract more investment, experts have said at a recent seminar on new trends and technologies in food processing held in Ho Chi Minh City.
The first quarter of 2023 saw a decline of 2.2% in the Index of Industrial Production (IIP) compared to the same period last year, due to the impact of the world economy's challenges on domestic production and business, according to the General Statistics Office (GSO).
VOV.VN - A significant drop in export orders has seen the import-export turnover of FDI enterprises in the first two months of the year decline to only US$68.2 billion, down US$9.15 billion over the same period from last year, according to the latest statistics released by the General Department of Customs.
Vice Chairman of the Ho Chi Minh City People's Committee Vo Van Hoan has called on Western Australia's businesses to invest in strong fields such as food processing industry, agricultural biotechnology, and education-training in the southern hub.
VOV.VN - Despite the Vietnamese wood processing industry making breakthroughs in recent years, local businesses must continue developing the brand to secure a firm foothold in the international market, according to industry insiders.