Industries
Manufacturing
Textilers hitch their wagon to US market
If one asks which local sector has distinguished itself in terms of export quality and quantity to the US market over the past two decades, the textile and garment industry is most likely the obvious answer.According to statistics from the US Office of Textile and ...
Shrimp exports to S Korea to rise
Exports of Việtnamese seafood products to South Korea are expected to increase strongly this year thanks to the free trade agreement between the two countries that took effect last December, according to the Korea Fishery Trade Association. Under the FTA, Korea has committed to clear taxes ...
Part suppliers ask for more funding
A shortage of capital support for the part supplying industry is hindering the development of the sector, which is crucial for the country’s economic development, participants at a forum said. Financial expert Cấn Văn Lực said funds that supported small- and medium-sized enterprises, science and technology ...
Agro, food to spearhead Betagro
Betagro group is consolidating six business units into two to allow the agribusiness and food group to play a more prominent role in the regional and world markets. The six old business units were food, swine, poultry, regional, feedmill and animal health. The two new core ...
HK Council to bring Chinese investors interested in Thai food processing
The Hong Kong Trade Development Council plans, for the first time, to bring investors from China to meet with food processing companies in Thailand to boost investment as part of the Belt and Road initiative. Raymond Yip, deputy executive director of HKTDC said it would bring ...
PM pledges answers on Vietnamese border ELCs
Prime Minister Hun Sen will assign a team to respond to questions about the Vietnamese army’s alleged control of 40,000 hectares of land in Ratanakkiri province submitted by opposition lawmaker Um Sam An, imprisoned in April for his criticism of the government’s border policy. The letter, ...
Vietnam among fastest-growing economies in Asia, driven by electronic exports: IMF
Strong rises in exports and foreign investment in the manufacturing sector will continue to accelerate Vietnam’s GDP growth, the IMF said in its April update on Asia-Pacific economic outlook. In the region, only several frontier economies will see higher rates, including Myanmar’s 8.6 percent, Laos’ 7.4 ...
Vietnam tells Taiwan firm to dig up waste pipe amid "red tide" disaster
Vietnam has told owners of a Taiwanese-built steel plant to dig up a controversial waste pipe, even after it found no evidence tying its discharge to mass fish deaths that have triggered health fears and public anger. Environment Minister Tran Hong Ha declared illegal the waste ...
Champassak company to export processed rubber to Iran
The Bounthan Agriculture Promotion Import-Export Company in Champassak province plans to export processed rubber to Iran next month under a contract signed with the Rahnama Trading Company. The company has 570 hectares of rubber plantations in Champassak province, including 200 hectares that have been planted ...
Vietnam to prosecute farmers using banned drugs in animal feed
Vietnam has introduced a new rule in the Penal Code under which the use of banned and harmful substances in animal farming can lead to strong punishments including prison terms of 20 years. Nguyen Van Viet, chief inspector of the Ministry of Agriculture and Rural Development, ...