Tag: production costs
Vietnam emerges as Singapore’s ninth largest trading partner
VOV.VN - Vietnam rose to become Singapore’s ninth largest trading partner in January 2025, with two-way trade reaching over SGD3.39 billion, an increase of 16.83% year on year, according to the Vietnam Trade Office in Singapore.
EVN reports record loss despite electricity price increases
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of VND26.77 trillion (US$1.053 billion) on high electricity production costs, according to its audited financial report.
AI to fuel development of modern agriculture: workshop
Artificial intelligence (AI) has an important role to play in the development of modern and sustainable agriculture as it will help with farm automation and optimisation, from weather forecasting, plant and livestock health monitoring to product quality improvement, heard a workshop in Hanoi on March 23.
Vietnam leads Southeast Asia in exporting furniture to Australia
VOV.VN - Australia increased its imports of wooden furniture from Southeast Asian markets last year, with Vietnam making up a significant portion of the overall figure, according to the Ministry of Industry and Trade.
HCM City sees seven products with export turnover of over US$1 billion
VOV.VN - Ho Chi Minh City recorded seven products with export turnover exceeding US$1 billion in 2022, according to details given at a conference held on January 9.
Vietnam’s traditional products sell across borders via ecommerce
International customers can easily buy many Vietnamese traditional products via e-commerce platforms.
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Local firms seek to cushion Russia-Ukraine conflict impact
VOV.VN - The ongoing Russia-Ukraine conflict has led to a significant rise in oil prices, fueling production costs which have affected many industries and reduced the competitive advantages of Vietnamese enterprises, according to industry insiders.
Low growth, high budget revenue and signals for 2022
The data announced by the General Statistics Office in late 2021 described Vietnam’s economic picture in a turbulent year surrounded by the pandemic, the fear of disruption of supply chains, and the confidence of the business community.
Vietsovpetro sees plenty of room to further cut cost for production optimization
The Vietnam-Russia oil and gas joint venture Vietsovpetro has maintained production cost for a barrel of crude oil at less than US$30, the lowest among Vietnamese oil and gas producers, according to the firm.
Vietnamese cinema needs new scripts that 'access people's emotions'
Only films that reflect people's aspirations and reality of life and move the public can free the film industry from the current impasse and crisis.
