VOV.VN -A number of major foreign corporations, such as LG, Panasonic, and Foxconn, Apple's largest supplier, have revealed plans to expand their respective business operations in Vietnam amid the novel coronavirus (COVID-19).
Only about 300 of the over 1,800 businesses working in supporting industries in Vietnam have joined production chains of multinational enterprises, a figure described by analysts as too modest.
Tra fish exports posted an impressive growth rate of 26.4% this year to hit a record of US$2.26 billion, according to the Directorate of Fisheries of Vietnam.
The sixth Vietnam Logistics Forum convened in the northern coastal province of Quang Ninh on December 12, with businesses and authorities exchanging ideas and measures to increase investment in green logistics and connections among economic regions.
The Ministry of Industry and Trade (MoIT) has reported some positive signs in handling 12 major loss-making projects, as some of them have managed to resume operation in the context of no more rescue capital from the State budget.
The central province of Thua Thien-Hue has issued a strategy to develop brands for provincial specialities and souvenir items by 2020.
Vietnam becomes an attractive destination for Japanese investors as the country’s investment climate has been improved in recent years, said an economist from Waseda University, Japan.
Prime Minister Nguyen Xuan Phuc has urged ministries, sectors and localities to seek measures to promote traditional herbal medicines, thus taking advantage of the country’s potential in the field.
Vietnam plans to export chicken to Japan from next year and expand chicken export markets to other Asian countries in 2018, the Ministry of Agriculture and Rural Development said.
The private sector should be more active in building linkages and forming production chains to strengthen their competitive power, experts said.
Cambodia, Laos, Myanmar and Vietnam (CLMV) need to accelerate regional integration, improve their role in regional and global production chains, and narrow the development gap between them and other ASEAN countries.
The US Food and Drug Administration (FDA) has discovered several Vietnamese products samples that violate food hygiene and safety regulations.