Prolonged social distancing in many localities have led to lower-than-expected economic growth for the first nine months, but with the accelerated vaccine rollout, the economy is expected to gain growth momentum soon. The Ministry of Health last week sent a document to leaders of all provinces and cities nationwide, urging them to accelerate the speed […]
Read MoreThe domestic textile and garment industry is likely to not reach its goals in production and business due to the strong impacts of the COVID-19 pandemic, according to the Vietnam Textile and Apparel Association (Vitas). The last three months of this year are considered to be an extremely difficult period for the textile industry, it […]
Read MoreHoa Phat Stee Group of billionaire Tran Dinh Long has entered the world’s top 15 corporations in terms of market capitalization. This is a breakthrough not only for Hoa Phat but also an unprecedented position of a Vietnamese industry. Reuters has just announced the Top 30 largest capitalized steel companies in the world, including Vietnam’s […]
Read MoreThe shopping season during the year-end festivals could lead to higher consumer spending, which in turn serves as a driving force for growth in the remainder of the year. Total revenues from retail sales and services in 2021 are set to rise by 3-4% against last year, lower than the original target of 8%, according […]
Read MoreThe Trade Remedies Authority of Vietnam (TRAV) have warned that Vietnamese products are at risking of falling foul of anti-dumping and trade defence investigations. Early this year, TRAV noted that at least 11 domestic products were at high risk of investigation for trade defence measures or origin fraud, including Vietnamese plywood quartz products, ceramic tiles and electric […]
Read MoreCompanies in HCM City and other industrial hubs like the neighbouring provinces of Binh Duong and Dong Nai are struggling with a labour shortage after the pandemic. The city and provinces have reopened the economy after months of shutting down, but only those with ‘green cards’ are permitted to work, which is the root of […]
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