Trung Nam Group has started construction of five factories at the Information Technology and Communication (ICT) Service Zone in the central city of Da Nang to host the moves of global supply chains.

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.

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.

Multinationals are looking to set up their bases in Vietnam despite various challenges that the country poses as a manufacturing destination, according to the Financial Times in the UK.

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.

VOV.VN - The Mekong Connect 2020 forum got underway on Dec. 21 in the Mekong Delta province of Dong Thap in order to discuss ways in which to introduce local products into the global value chain.

VOV.VN - The Vietnam International Supporting Industry and Manufacturing Exhibition 2020, the first of its kind, got underway in Hanoi on December 9 with over 170 domestic and foreign businesses taking part in the event’s debut.

VOV.VN - The Vietnamese economy looks set to benefit from joining new generation free trade agreements (FTAs) which will have a great impact on the expansion of the local import-export market and new online business models.