VOV.VN - Local businesses have been advised to diversify their markets to intensify import and export activities this year, alongside maximising the benefits of free trade agreements (FTAs), restructuring export products, developing stronger brands, whilst grasping market information and changes in the policies of importers, according to insiders.

M3 Communication Co., Ltd, a member of the military-run telecom giant Viettel, has officially become the first Vietnamese enterprise joining the global aerospace supply chain, according to UK-based Meggitt PLC.

Despite a raft of difficulties facing Vietnam’s retail market, economists and insiders are still optimistic about the outlook for the sector in the time ahead, according to the Vietnam Report JSC.

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.

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.