Domestic leather and footwear firms have no choice but to convert their production activities as difficulties are expected to linger through this year due to the impact of the COVID-19 pandemic, experts have said.
Vietnam will continue with the building of a modernity-oriented agriculture sector with complete value chains in 2021, according to Minister of Agriculture and Rural Development Nguyen Xuan Cuong.
VOV.VN - The garment and footwear sectors successfully maintained their export growth momentum in January with footwear exports witnessing a surge of 26.4% to US$1.8 billion against the same period from last year, according to the Ministry of Industry and Trade (MoIT).
The Unsere Zeit (Our Time) newspaper of the Communist Party of Germany (DKP) ran an article on the ongoing 13th National Congress of the Communist Party of Vietnam (CPV) on January 29, stressing that the week-long congress discusses the most important political and economic tasks of the party and the country for the following years.
Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee and Minister of Industry and Trade Tran Tuan Anh.
Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11% year-on-year to US$19.5 billion in 2020, making it one of the sectors hardest hit by COVID-19.
The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries.
VOV.VN - The 20th Cambodia-Laos-Myanmar-Vietnam Senior Economic Officials’ Meeting (CLMV SEOM) took place virtually on January 25, with a major focus on reviewing the activities from the 2019 to 2020 CLMV Action Plan, discussing the plans ahead in 2021 and 2022, and the steps to implement the CLMV Development Framework.
VOV.VN - Since 2016 the Hanoi Agricultural Development Center has been developing supply chains for safe agricultural products.
Vietnam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released on January 13.