Input material prices for Vietnamese wood exporters have risen sharply, but most of them are stuck in the mud as there seems no suitable way to increase their selling prices accordingly. As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s export wood processing were further […]
Read MoreVietnam raised voice after the rampant violations of many international fashion brands. Businesses working in Vietnam must comply with the native law, Spokesperson Le Thi Thu Hang of Vietnamese Ministry of Foreign Affairs has said following the posting of China-claimed nine-dash line on the websites of some international fashion brands, including H&M. “Vietnam requests that […]
Read MoreMore than 54 million mobile phones were produced in Vietnam in the first three months of 2021. The phone and phone component industry also earned revenue of over US$14 billion in the same period. Production of electronic products, computers and optical products continued to grow in the first quarter of 2021 with an increase of […]
Read MoreVietnam would be the second fastest growing economy in ASEAN. Vietnam’s GDP is set to expand 6.5% in 2021, higher than the global average of 6%, and then rebound to 7.2% next year, according to the International Monetary Fund (IMF) in its latest World Economic Outlook report. Such growth would put Vietnam as the second […]
Read MoreFado is the first e-commerce platform in Vietnam to stop selling H&M products because the brand does not respect the country’s sovereignty E-commerce trading floor Fado.vn has stopped trading products from Swedish fashion retailer H&M (Hennes & Mauritz AB) after this brand published an illegal map of China-claimed nine-dash line on its website several days […]
Read MoreVietnam will lure more foreign investment in the high-tech industry by offering more incentives and amending requirements for high-tech businesses. Vietnam’s high-tech industry has seen a new investment wave. Last week, the northern coastal province of Quang Ninh held a ceremony to grant a licence for Jinko Solar Technology Ltd of Hong Kong to invest in a photovoltaic cell […]
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