Strengthening quality Vietnamese goods
Vietnam Today

Strengthening quality Vietnamese goods

Deputy Minister of Industry and Trade Do Thang Hai told the “Maintaining the link to ensure the supply chain of Vietnamese goods” conference on December 8 that although the fourth wave of Covid-19 seriously affected production and distribution in Vietnam, the development of domestic goods nonetheless remained strong. According to the Ho Chi Minh City Department of Industry and Trade, Vietnamese enterprises have sufficient capacity to produce quality goods that meet strict requirements in markets such as the US, the EU, and Japan, so can set criteria for manufacturers serving the domestic market.
Tech innovation adds to revenue
Digital Biz

Tech innovation adds to revenue

After five years of implementation, the National Technology Innovation Fund has received over 1,000 technological innovation ideas from businesses. After adopting technological innovation, annual revenue at enterprises has increased by VND4 trillion ($175.448 million).
Power production rises again
Business

Power production rises again

Power output reached 20.71 billion kWh in November, up 3.9 per cent year-on-year, and 233.67 billion kWh in the first eleven months, up 3.6 per cent year-on-year.

VET Exclusive

Vietnam Today

Strengthening quality Vietnamese goods

Strengthening quality Vietnamese goods

Deputy Minister of Industry and Trade Do Thang Hai told the “Maintaining the link to ensure the supply chain of Vietnamese goods” conference on December 8 that although the fourth wave of Covid-19 seriously affected production and distribution in Vietnam, the development of domestic goods nonetheless remained strong. According to the Ho Chi Minh City Department of Industry and Trade, Vietnamese enterprises have sufficient capacity to produce quality goods that meet strict requirements in markets such as the US, the EU, and Japan, so can set criteria for manufacturers serving the domestic market.

Investment

Hai Phong building 15 new industrial zones

Hai Phong building 15 new industrial zones

Northern Hai Phong city will build 15 new industrial zones in the 2012-2025 period, on a total area of more than 6,200 ha. The city holds many advantages over other localities, including having the best transport infrastructure in the country.

Banking & Finance

SBV curtails foreign currency purchases

SBV curtails foreign currency purchases

The USD/VND exchange rate has been quite high in recent days, with the State Bank of Vietnam (SBV) and market operators stopping commercial banks from receiving funds to conduct foreign exchange spot transactions. Despite the fact that no more money was injected into the system and that credit accelerated, liquidity in the banking system remained abundant. This is most evident in interest rates remaining flat at the lower end.

Business

EVN secures coal supply for 2021 power generation

EVN secures coal supply for 2021 power generation

To ensure coal supplies for electricity generation next year, Electricity of Vietnam (EVN) has negotiated a coal supply contract with the Vietnam National Coal and Mineral Industries Groups (TKV).
FDI in Vinh Phuc 2.5-fold higher than plan

FDI in Vinh Phuc 2.5-fold higher than plan

It is anticipated that northern Vinh Phuc province will attract over $1.1 billion of FDI in 2021 as a whole, or 253.75 per cent of the plan and up 50 per cent compared to 2020. The province will have 429 FDI projects by the end of the year with total registered investment capital of $7.1 billion. It prioritizes promoting investment and building modern and synchronous industrial parks to welcome FDI inflows in the time to come.

Society