Vietnam’s industrial production index expanded by only 6.2 percent in the first two months of this year due to the impact of COVID-19 outbreak, much lower than 13.7 percent and 9.2 percent in the same period of 2018 and 2019, respectively.
According to the Ministry of Industry and Trade, currently many industrial firms of Vietnam have not mastered the core technology, and they mainly join sections of low technological contents and added values.
The list of SOEs (state owned enterprises ) subject to equitization is long with many well-known names.
The Vietnam Association of Supporting Industries (VASI) was officially established in Hanoi on March 18 with a view to contributing to relevant policy planning and connecting domestic and foreign markets.
Around VND7 trillion (US$311 million) has to be mobilised to restart work on the iron ore project in central Ha Tinh province, a Ministry of Industry and Trade official said.
Experts have voiced their concern about the development strategy of the Ministry of Industry and Trade (MOIT) for the steel industry, saying that it would have negative consequences, both economic and environmental.
(VOV) -Vietnam is set to manufacture 200,000 automobiles and 4 million motorbikes in 2015, up 2 % against the 2011-2015 period, according to the Heavy Industry Department of the Ministry of Industry and Trade.