With export turnover surging by 11% to reach approximately US$32 billion during the past 10 months of the year, the local garment and textile industry is anticipated to rake in roughly US$38 billion this year. The Vietnam Textile and Apparel Association (Vitas) predicts that the country’s garment and textile exports will reach US$3 billion per month […]
Read MoreIn only four years, the rate of Vietnamese using services of Fintech companies has increased from 16% to 56%. Finance and banking is one of the fields experiencing the strongest digital transformation process, said Bruce Deltiel, Managing Director of McKinsey & Company Vietnam during a recent talk held by the Central Economic Commission and IEC. […]
Read MoreQuality and food safety are key points for the positive growth of food delivery. The market for food delivery and fresh food has never seen steady growth in the number of orders before even though many eateries and restaurants have resumed on-site services in recent months. Covid-19 has changed the consumption habits of many people, […]
Read MoreVietnam may gain $6 billion from garment and textile exports in November and December, totaling $38 billion in this year’s turnover, stated Vietnam Textile and Apparel Association (VITAS). Thanks to loosened social distancing in October, the country’s garment and textile production, especially in Ho Chi Minh City and other southern localities, quickly recovered, with over […]
Read MoreThere have been 208 trade remedies related lawsuits faced by Vietnam’s exports sector since 2005, four times the number until then. Le Trieu Dung, head of the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, said as Vietnam’s export turnover continues to grow, more investigations and trade remedies measures were inevitable. […]
Read MoreWhile most manufacturing enterprises resumed operations as pandemic restrictions were eased, significant challenges remain because of the rising cost of petrol and raw materials. The price of consumer goods is expected to increase sharply as a result. Duyen Hai Economic Development Co (Cofidec) director Dang Thi Phuong Ninh told local media: “Every commodity has increased […]
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