VOV.VN - Despite foreign-invested enterprises (FDI) businesses playing an important role in the local wood industry, a number of disguised businesses have taken advantage of legal loopholes to cause injury to the genuine domestic industry, say industry insiders.

Vietnam has advantages to develop a materials industry but has not developed in line with its potential, Tran Tuan Anh, Chairman of the Party Central Committee’s Economic Commission, said at a conference held on April 10 in Ho Chi Minh City.

The Mekong Delta province of Kien Giang has completed 98.6% of its plan to equip fishing vessels with cruise control devices as part of measures to fight illegal, unreported and unregulated (IUU) fishing.

A culinary contest in Da Lat city in the Central Highlands’ Lam Dong province on April 8 set a record by making 100 dishes using vegetables and flowers grown in the city.

The agricultural sector needs to focus on developing raw materials to reduce the dependence on imports as well as improve processing capacity, experts said.

VOV.VN - US business magazine Forbes has recently published an article detailing real estate in Vietnam in which it starts out by stating: “Office rents rising in 2020? Positive GDP growth during a global health crisis? Seems unimaginable, unless you live in Vietnam.”

Stable supporting industries and restructuring of chains for industrial production are crucial to improving the country’s manufacturing sector, according to Vietnam Chamber of Commerce and Industry (VCCI).

Vietnam’s manufacturing sector gained growth pace at the end of the first quarter, with marked increases in output, new orders and exports, leading to stronger rises in employment and purchasing activity, according to a report by the London-based global information provider IHS Markit.

Vietnam’s industry grew 6.5% year on year in the first three months of 2020, with the manufacturing and processing sector expanding 9.45% and remaining as the main engine of the economic growth.

VOV.VN -Vietnam is preparing a report for the Government to detail the possibility of implementing vaccine passports, a certificate which identifies individuals who have been inoculated against COVID-19), for the purpose of opening up the local travel sector.