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Vietnam: Supply chain crisis ahead for top brands

The ongoing disruption in Ho Chi Minh City and southern provinces poses a threat to the global supply chain of multinational corporations, which source goods from Vietnamese-based suppliers. Nike could soon face a shortage of sneakers as two suppliers – South Korea’s Changshin Vietnam and Taiwan’s Pou Chen Corporation – have had to cease operations […]

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Vietnam: Buses sell vegetables around HCM City

Unable to transport passengers due to the COVID-19 pandemic, some bus operators in HCM City have now begun to use their vehicles for selling vegetables and other essential goods. Bao Yen Construction Services Tourism Co’s five buses now travel around the city selling vegetables and other items, helping increase supply amid the closure of scores […]

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Vietnam targets average GDP growth of 6.5-7% in 5 years

Vietnam is expected to move to a group of upper-middle-income countries by 2025. Vietnam targets an average GDP growth of 6.5-7% in the 2021-2025 period as the country continues to set eyes on rapid and sustainable economic development. Minister of Planning and Investment Nguyen Chi Dung addressed the government’s five-year socio-economic plan at a sitting […]

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