VOV.VN - The Government should provide additional assistance in reducing costs and simplifying administrative procedures to help local firms get more involved in the global value chain and therefore make the most of the EU-Vietnam Free Trade Agreement (EVFTA), insiders believe.
VOV.VN - Both Vietnam and the EU will launch a broad range of practical activities to effectively implement the European Union-Vietnam Free Trade Agreement (EVFTA) from August, with a forum on trade and industry co-operation with EU partners to be held by the Ministry of Industry and the European Chamber of Commerce in Vietnam on July 31 in Ho Chi Minh City.
Vietnamese enterprises need to improve quality and build a brand for the country’s farm produce as the EU-Vietnam Free Trade Agreement (EVFTA) creates a huge opportunity for farm produce exports to Europe, a workshop heard in HCM City on July 24.
VOV.VN - Thailand’s trade office in Ho Chi Minh City hosted a trade exchange programme on July 14 to seek ways for local businesses to join regional supply chains and seize cooperation opportunities that exist between Vietnam and Thailand.
Foreign direct investment (FDI) into electronics should aim to promote local companies and enable them to engage in the global value chain, industry insiders have said.
The Vietnam Climate Innovation Centre (VCIC) under the Ministry of Science and Technology is implementing programmes to help domestic firms find strategic partners in technology, finance and trade.
Truong Hai Auto Corporation, known as THACO, exported its first 36 semi-trailers to the US on June 1.
VOV.VN - The capital has devised a wide-ranging scheme to encourage the development of the supporting industry in order to promote industrial production to enter the global value chain.
Truong Hai Auto Corporation, known as THACO, has said that in late May, it will export 69 semi-trailers to the US - a market with strict requirements on quality standards.
Agriculture businesses should embrace connection in order to participate in global value chains, heard a forum held in Hanoi on October 8.
Vietnamese enterprises are starting to grab opportunities from the global value chain through social networks and technological developments.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), to be submitted to the 14th National Assembly for approval on November 2, is expected to help Vietnam expand exports and join the global value chain more deeply.
A new programme was launched in Hanoi on May 24 to help Vietnamese firms become suppliers of multinational corporations and as well as expand operations and improve added values of existing suppliers.
Supporting industry development will create a driving force for Vietnam’s automobile industry, as heard a seminar held by the Vietnam Association of Supporting Industries (VASI) in Ho Chi Minh City on May 24.
Vietnam’s mechanical engineering industry is striving to apply advanced technology, produce high-quality products meeting international standards and join the global value chain by 2035.
The Vietnamese engineering sector aims to engage deeper in global value chain and specialised industries that use advanced technologies to make quality products, under a strategy to develop the sector by 2025 with vision toward 2035 recently approved by the Prime Minister.
VOV.VN - Vietnam has been the world largest exporter of cashew nuts for the 13 consecutive years and also the world leading cashew processing hub and exporter over the last three years. Despite yielding impressive results, growers and businesses have brought in less than 40% profits in the global value chains.
Social networks play a vital role in helping small- and medium-sized enterprises (SMEs) participate in global value chain, said Facebook’s representative in Vietnam Huynh Kim Tuoc said at a forum in Hanoi on October 19.
Global value chains (GVCs) development and cooperation, and promotion of small and medium-sized enterprises (SMEs)’ integration into GVCs have been high on agenda and supported by APEC member economies, heard a workshop in Ho Chi Minh City on August 26.
Domestic firms should make great efforts in the competition with foreign invested firms to contribute more actively to the global value chain and participate more effectively in the world’s production network, experts said.