Since the lifting of the regulation requiring mask manufacturers to supply their product to only the government, private surgical mask makers are now allowed to retail their products to general consumers, however at a price no higher than US$0.08 each.
Vietnamese businesses should seek a new approach to the US market as doing business with this market requires large-scale and clear production capacity, Nguyen Hong Duong, deputy head of the Europe-America Department at the Ministry of Industry and Trade (MoIT), has said.
VOV.VN - Making the most of benefits from the Vietnam-EU Free Trade Agreement (EVFTA) is largely dependent on the country’s production capacity of fabric over the next two years, according to SSI Securities.
The Ministry of Industry and Trade (MoIT) has decided to extend the anti-dumping duties on cold-rolled stainless steel products originated from China, Indonesia, Malaysia and Taiwan (China) for an additional five years, starting from October 26.
VOV.VN - Vietnam has enjoyed consistent growth in export turnover amid numerous difficulties, with a trade surplus of approximately US$5.9 billion, representing one of the positive aspects of the country’s economic picture during the first nine months of the year.
About 689.8 trillion VND (29.66 billion USD) was mobilised for the new-style rural area building programme in the Red River Delta and north central regions during the 2010-2019 period.
The National Target Programme on New-style Rural Area Building for 2018 has achieved its set targets three months earlier than planned, said Nguyen Minh Tien, head of the programme’s Central Coordination Office.
After acquiring a majority stake in Vietnam’s top brewery, Sabeco, last year, Thailand’s TCC Group is set to appoint a Singaporean chairman, Koh Poh Tiong, and a new board of directors.
The development strategy of the cement industry by 2030 towards 2050 would ensure a balance between the supply and demand for cement.
All enterprises in the southern province of Binh Phuoc have resumed their operation with 40,438 workers, or nearly 100%, returning to work after the week-long Lunar New Year (Tet) holiday.
The Hanoi Beer Alcohol and Beverage JSC (Habeco) is set on earning VND8.3 trillion VND (332 million USD) in turnover and 955.4 billion VND (83.2 million USD) in pre-tax profit in 2018, an increase of 6.7 percent and 0.3 percent from last year, said Habeco Director General Ngo Que Lam.
The Vietnam National Coal-Mineral Industries Group (Vinacomin) and the Japan Oil, Gas and Metals National Corporation (Jogmec) on May 29 agreed to enhance production capacity and safety.
Panasonic Eco Solutions Vietnam Co Ltd (PESVN) announced a decision on February 27 to construct a new wiring device and circuit breaker factory in Binh Duong with an aim to double the company’s production capacity in Vietnam.
VOV.VN -Samsung Display Co has announced that it is contemplating a plan to invest an additional US$2.5 billion to expand its display module assembly line in the northern Vietnam province of Bac Ninh.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong pointed to a range of bottlenecks hindering agricultural restructuring at a debate of the 14th National Assembly’s second meeting in Hanoi on November 2.
The free trade agreement between Vietnam and the Republic of Korea (RoK) will bring enormous economic benefits for the Southeast Asian country.
Despite imposing additional tariffs on imported steel billets and rods, Vietnam has failed to stem the influx of imported steel, mainly from China whose suppliers are offloading products cheaply due to oversupply in their domestic market.
The tyre market in Vietnam is forecast to touch US$2.7 billion by 2020, according to a September report by TechSci Research, a research based global management consulting firm.
Domestic paint manufacturers believe they are capable of keeping up with their foreign counterparts in what has become a fiercely competitive market, according to independent market watchdogs.
Vietnam’s foodstuff sector has encountered a spectrum of challenges in an attempt to gain a firm foothold in the domestic market due to the flood of foreign commodities.