Rising land rent and shortages in industrial zones (IZs) may cause multinationals, which are seeking land near Hanoi and HCMC City, to hesitate to come to Vietnam. Despite the Covid-19 pandemic and policies on restricted travel, more manufacturers are following the China plus 1 model and seeking places in Vietnam to set up their production […]
Read MoreA national portal on tracing the origin of products and goods is expected to be put into operation in the fourth quarter of this year, according to the Directorate for Standards, Metrology and Quality (DSMQ). Bui Ba Chinh, deputy director of the DSMQ’s National Centre for Codes and Barcodes, said by 2025, this portal aims at […]
Read MoreDozens of industrial zone projects in 13 cities and provinces covering have been approved in the first quarter, promising thousands of hectares of new space for investors over the coming years. The northern province of Bac Ninh has the most new industrial zone (IZ) projects this year, with a total of five new projects. Of these, […]
Read MoreIf sales through Amazon online stores worldwide are successful, Vietnamese products will have brand positioning in markets worldwide. Vietnamese textile and garment firms will get opportunity to promote their brands on Amazon Global Selling. The brand development is under a cooperation made by the Vietnam Textile & Apparel Association (Vitas) and Amazon recently. The two […]
Read MoreVietnam would restructure the services sector based on modern technologies under the Industry 4.0, especially in fields of finance-banking, insurance, healthcare, education, transportation, trade and tourism. With an estimated growth rate of 7-8% in the next ten years, Vietnam’s services sector is expected to make up 60% of the country’s GDP by 2030. The figures […]
Read MoreVietnam’s consumer price index (CPI) is set to average 2.89% in 2021, below the government’s target of 4%. Inflationary pressure has forced central banks around the world, including those from Russia, Brazil, or Turkey, to raise their respective policy rates in the first quarter, but in case of Vietnam, inflation should not be a source […]
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