Many cashew nut processing plants have halted operations due to a lack of materials, the Vietnam Cashew Nut Association (Vinacas) told a meeting in Ho Chi Minh City on June 15 to review the sector’s performance in the first half of 2018.
VOV.VN - With import tax cuts presented by free trade agreements (FTAs) to which, Vietnam is a member, increasing automation in production and quite favourable factors in the world market, the country’s garment and textile exports are forecast to hit US$200 billion by 2035.
VOV.VN - The leather and footwear sector has not developed its support industry despite huge export value.
VOV.VN - Imports of materials for garment and footwear industries from Canada saw a tremendous growth of 179.8% to US$11.8 million in the first four months of this year, according to the statistics from the General Department of Vietnam Customs.
The Ministry of Industry and Trade (MoIT) plans to tighten control on goods whose imports are discouraged and facilitate local manufacturing to reduce the country’s trade deficit.
The southern province of Dong Nai shipped US$5.2 billion worth of goods abroad in the period from January-April, up 12.8 percent from the same period last year.
Vietnam estimated to gain US$7.3 billion from the export value of wood and wooden products this year, a slight increase of 1% year on year, reported the Ministry of Agriculture and Rural Development’s General Department of Forestry.
VOV.VN - Vietnam imported nearly US$2.8 billion worth of animal feed and materials for the ten months leading up to November, down 1.13% against the same period last year, according to the latest statistics from the General Department of Vietnam Customs.
VOV.VN - Imports of animal feed and materials from China jumped 38.1% to US$1.95 billion for eight and a half months, according to the latest statistics from the Ministry of Industry and Trade.
VOV.VN - Local and export sales of cement and clinker hit 38.77 million metric tons during the first half of this year, up 12.4% against last year’s same period, meeting 51.01% of this year’s plan, according to latest statistics from the Ministry of Construction.
After March 31 certain enterprises will be not permitted to borrow foreign currencies from banks and then exchange it into VND to buy materials, according to Circular No. 24 from the State Bank of Vietnam (SBV).
Suntory Pepsico Vietnam has not given any official answer to the question about the quality of Oo Long tea allegedly made of materials from China.
VOV.VN - A deal between a Japanese and Vietnamese firm was unveiled in Ho Chi Minh City on January 19 that lays the groundwork for the development of an integrated circuitry (IC) industry in Vietnam.
A wide range of ways to preserve Champa architecture were discussed at a conference on the application of advanced technologies in preserving Champa relics in Quang Nam province on June 29.
(VOV) -The Trans-Pacific Partnership Agreement (TPP) may signal golden opportunities for exports in many of Vietnam’s sectors, but it is creating big challenges for the timber processing.
In the context of the current gloomy economy, the increase in the trade deficit indicates that some businesses are continuing to operate well.
Vietnam’s total seafood output reached 5.3 million tonnes in 2011, representing a year-on-year increase of 4.4 percent, according to the Directorate of Fisheries.