Topic: supply chain

In the first sevent months of 2024, Vietnam's exports to India reached $5.37 billion, a 15.2% growth year-on-year; imports amounted to $3.3 billion.

The symposium aims to foster collaborative research initiatives and knowledge exchange between Vietnamese and international experts.

Mr. Choi Joo Ho, General Director of Samsung Vietnam, addressed the opening ceremony of the 4th VIMEXPO 2023 on November 15.

Though Vietnam’s textile and garment industry ranks fourth in export turnover, its trade surplus is always the highest. However, the “3rd National Scientific Conference on Textiles and Footwear” on October 20 heard that technological innovation in the industry remains at a low level due to policy factors hindering the development of technology for it to better take part in global supply chains.

The Ministry of Industry and Trade has worked with APEC members to hold the “APEC Workshop on Opportunities and Challenges for GVCs [global value chains] during the Covid-19 Pandemic and Post-Pandemic Economic Recovery” on October 13 and 14 in Hanoi. Analysts have proposed a range of solutions to overcome the risks from supply chain disruptions.

Though foreign enterprises account for a large proportion of Vietnam’s exports, they are not well connected to domestic businesses in the supply chain.

As major corporations shift their manufacturing to Vietnam, opportunities become available to local businesses.

The first vessel of ZIM Integrated Shipping Services on the new China - Hai Phong Express (CHX) transport service has arrived in Hai Phong Port. This is a good step in reconnecting broken supply chains between Vietnam and the world via Hai Phong. The CHX route is from Shanghai - Ningbo - Hai Phong - Xiamen - Shanghai.