Long-term credit needed for mechanical enterprises

Long-term credit needed for mechanical enterprises

(VEN) - The supporting industry for Vietnam’s mechanical engineering sector is facing numerous challenges related to policies, workforce, production costs, and industry linkages.
MoIT helps enterprises connect with multinational corporations

MoIT helps enterprises connect with multinational corporations

(VEN) - As one of the important industries, Vietnam’s supporting industry is facing difficulties and has yet to have clear mechanisms and policies for adequate development.
The 2024 Supporting Industry Show to open in October

The 2024 Supporting Industry Show to open in October

The 2024 Supporting Industry Show to open in Ho Chi Minh City, from October 2-4.
Binh Duong, preferred destination for supporting industry investors

Binh Duong, preferred destination for supporting industry investors

(VEN) - More than 74 percent of the US$40.6 billion worth of foreign direct investment (FDI) in the southern province of Binh Duong is found in the processing and manufacturing sector, while FDI in high technology and supporting industries (SI)remains modest.
Vietnam an emerging hub in global smart manufacturing

Vietnam an emerging hub in global smart manufacturing

(VEN) - Vietnam, as a new manufacturing hub in Asia, plays an increasingly important role in global supply and smart manufacturing chains. Smart manufacturing helps Vietnam attract foreign direct investment (FDI) and creates opportunities for domestic businesses to join global supply chains. To seize these opportunities, however, Vietnam needs to implement appropriate and timely policies.
Ninh Binh prioritizes high-tech and environmentally friendly projects

Ninh Binh prioritizes high-tech and environmentally friendly projects

(VEN) - Ninh Binh holds a strategically important position, connecting the Northern, Central, and Northwestern regions of Vietnam. Located within the Hanoi - Hai Phong - Quang Ninh - Thanh Hoa economic development quadrilateral, the province has favorable conditions for the development of supporting industries.
Supporting industries become more attractive

Supporting industries become more attractive

Vietnam's supporting industries (SI) are becoming increasingly attracting to foreign direct investment (FDI). However, stronger policies are necessary to enable domestic enterprises to make significant breakthroughs in this sector.
RoK helps Vietnam participate in global supply chains

RoK helps Vietnam participate in global supply chains

(VEN) - In recent years, the Republic of Korea (RoK) and Vietnam have cooperated in developing supporting industries, facilitating Vietnamese enterprises’ participation in global supply chains.
Competitveness enhancement needed for global integration

Competitveness enhancement needed for global integration

(VEN) - Competitiveness improvement is crucial for Vietnamese supporting industry enterprises to survive competition in foreign markets.
Mechanical manufacturers seek foreign markets

Mechanical manufacturers seek foreign markets

(VEN) - The long-history mechanical engineering industry is identified as the “backbone” of the economy.
Supporting industries seek further support

Supporting industries seek further support

(VEN) - Given stiff competition from foreign enterprises, to help domestic supporting industry enterprises participate more deeply into the global supply chain, experts said Vietnam needs to ensure the consistence of legal documents.
Needed: high-quality human resources

Needed: high-quality human resources

(VEN) - The shortages and uneven quality of human resources are among major difficulties faced by support industry enterprises.
Hanoi: Supporting industry enterprises improve competitiveness

Hanoi: Supporting industry enterprises improve competitiveness

(VEN) - Support industries have contributed significantly to the economic development of the capital of Hanoi.
Textile, garment sector prioritizes material development

Textile, garment sector prioritizes material development

(VEN) - The presence of domestic textile and garment enterprises in the global production chain has increased but remains incommensurate with their potential.
MoIT seeks to address material bottleneck

MoIT seeks to address material bottleneck

(VEN) - A delegation of the Ministry of Industry and Trade (MoIT) led by Minister Nguyen Hong Dien recently worked with the Vietnam Leather, Footwear and Handbag Association (Lefaso) on problems related to the supplies of materials and accessories in the leather and footwear industry.
Mechanical supporting industry needs long-term solutions

Mechanical supporting industry needs long-term solutions

(VEN) - Despite the fact that many mechanical engineering enterprises have strong capabilities in certain areas, such as molding, mechanical components, electrical cables, and plastic components, supporting industry products for the mechanical engineering sector still lack competitiveness.
More support for domestic automobile industry

More support for domestic automobile industry

(VEN) - There are now many difficulties impacting the domestic automobile industry; therefore, the formulation of the development strategy for Vietnam’s automotive industry to 2030 with a vision to 2045 is urgent and of great scientific and practical significance.
More connection needed for market expansion

More connection needed for market expansion

(VEN) - Apart from the support in terms of mechanism and policy, supporting industry firms want relevant authorities to provide them with more information about market demand.
Leather & footwear industry to increase local content

Leather & footwear industry to increase local content

(VEN) - The leather and footwear industry, a leading exporter of Vietnam, has reached an average export growth of more than 10 percent per year. The sector set a target of increasing its local content rate to 75-80 percent in 2025.
Vietnam to master mold manufacturing technology

Vietnam to master mold manufacturing technology

(VEN) - Mold manufacturing technology is a particularly important manufacturing industry, considered the foundation of modern industry, with the capability to create large quantities of products in a short time.
Greater support for domestic firms to join global supply chains

Greater support for domestic firms to join global supply chains

(VEN) - Joining global supply chains remains a challenging issue for Vietnamese supporting industry businesses.
    Trước         Sau    
Latest Most Read
HCM City aims to become Southeast Asian logistics hub

HCM City aims to become Southeast Asian logistics hub

HCM City is set to enhance its logistics sector to become a key logistics hub in Southeast Asia by 2030, leveraging global supply chain opportunities.
Vietnam - Brazil Comprehensive Partnership

Vietnam - Brazil Comprehensive Partnership

During his trip to attend the 2024 G20 Summit in Brazil from November 16 to 19, Prime Minister Pham Minh Chinh will also take part in bilateral activities in Rio de Janeiro. The visit coincides with the 35th anniversary of diplomatic relations (May 8, 1989 – May 8, 2024) and the 17th anniversary of the comprehensive partnership (May 2007 – May 2024) between Vietnam and Brazil, marked by a series of meaningful and diverse events.
PM’s trip to bolster Vietnam-Brazil comprehensive partnership

PM’s trip to bolster Vietnam-Brazil comprehensive partnership

Prime Minister Pham Minh Chinh’s trip to Brazil from November 16-19 for the G20 Summit and bilateral activities is expected to elevate the relationship between Vietnam and Brazil to new heights, reinforcing bilateral political trust, expanding cooperation space, and making ties between the two countries deeper, more comprehensive and sustainable, benefiting both peoples.
Vietcombank issues 2 trillion VND worth of green bonds for first time

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.
Vietnamese President meets with Indonesian counterpart

Vietnamese President meets with Indonesian counterpart

State President Luong Cuong had a meeting with Indonesian President Prabowo Subianto in Lima on November 15 (local time) on the occasion of his attendance at the APEC 2024 Leaders’ Week Peru, during which they agreed to further elevate the bilateral relations.
vietnam brazil comprehensive partnership

Vietnam - Brazil Comprehensive Partnership

During his trip to attend the 2024 G20 Summit in Brazil from November 16 to 19, Prime Minister Pham Minh Chinh will also take part in bilateral activities in Rio de Janeiro. The visit coincides with the 35th anniversary of diplomatic relations (May 8, 1989 – May 8, 2024) and the 17th anniversary of the comprehensive partnership (May 2007 – May 2024) between Vietnam and Brazil, marked by a series of meaningful and diverse events.
key socio economic development targets for 2025

Key socio-economic development targets for 2025

On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.
seven commodities with export value of over 10 billion usd

Seven commodities with export value of over 10 billion USD

Seven commodities of Vietnam posted an export value of over 10 billion USD in the first 10 months of this year, accounting for over 66.5% of the country's total export turnover.
vietnam actively contributes to apec

Vietnam actively contributes to APEC

Vietnamese State President Luong Cuong leads a high-level delegation to Peru for an official visit and to attend the 2024 APEC Economic Leaders' Week in Lima from November 12-16 at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra. Since joining APEC in 1998, Vietnam has made significant contributions to APEC’s goals, actively proposing initiatives and fulfilling key roles.
vietnams national brand value reaches 507 billion usd in 2024

Vietnam’s national brand value reaches 507 billion USD in 2024

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.
Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.
Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.
PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.
New policy drafted to help non-bank credit institutions develop further

New policy drafted to help non-bank credit institutions develop further

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.
Project launched to advance energy transition in Việt Nam

Project launched to advance energy transition in Việt Nam

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector.
Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.
Electricity demand in 2025 to be basically met: ministry

Electricity demand in 2025 to be basically met: ministry

Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.
Foreign investors expand chip packaging footprint in Viet Nam

Foreign investors expand chip packaging footprint in Viet Nam

Foreign tech giants are expanding capacity in Viet Nam for testing and packaging, according to Reuters.
LG plans to pour further US$1 billion investment into Vietnam

LG plans to pour further US$1 billion investment into Vietnam

The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.
Long An province promotes investment and trade in France

Long An province promotes investment and trade in France

A Vietnam-France Investment and Trade Promotion Seminar was held in Paris on November 13 to strengthen connections and seek cooperation opportunities between the Mekong Delta province of Long An and France.
Bac Giang prioritises high-tech FDI projects, services industry

Bac Giang prioritises high-tech FDI projects, services industry

The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.
Vietnam draws new wave of high-value investments: Savills

Vietnam draws new wave of high-value investments: Savills

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Vietcombank issues 2 trillion VND worth of green bonds for first time

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.
UK stands ready to help Vietnam build international financial hub

UK stands ready to help Vietnam build international financial hub

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.
S&P affirms Techcombank’s BB- rating

S&P affirms Techcombank’s BB- rating

S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.
Tax sector fulfils nearly 95% of state budget collection target

Tax sector fulfils nearly 95% of state budget collection target

The General Department of Taxation on November 7 reported that the total state budget collection of the sector in January – October was estimated at over 1.4 quadrillion VND (55.18 billion USD), or 94.8% of the annual projection and up 16.3% against the same time last year.
Việt Nam focuses on biodiversity credits under global agreements

Việt Nam focuses on biodiversity credits under global agreements

The initial steps are part of a broader effort to align with global commitments to protect and conserve biodiversity.
New national environmental protection planning project eyes settlement of pollution

New national environmental protection planning project eyes settlement of pollution

The national environmental protection planning project for the 2021 – 2030 period, with a vision to 2050, was announced at a ceremony held in a hybrid format on November 15 by the Ministry of Natural Resources and Environment.
MoIT facilitates power plant ash and slag consumption

MoIT facilitates power plant ash and slag consumption

(VEN) - The Ministry of Industry and Trade (MoIT) has implemented a range of consistent solutions to facilitate consumption of ash, slag and gypsum generated by coal-fired power and fertilizer production enterprises.
Support for communities in buffer zones helps strengthen forest conservation

Support for communities in buffer zones helps strengthen forest conservation

Supporting these communities enhances the livelihoods of those living near the forest, helping to alleviate pressure on resources, boost public awareness and encourage people to participate in conservation, protection and biodiversity preservation.
Việt Nam, US sign cooperation agreement on cybersecurity

Việt Nam, US sign cooperation agreement on cybersecurity

The MOU is expected to strengthen the existing partnership between the US and Việt Nam, while also helping the US promote innovation and secure digital infrastructure as well as countering the growing cyber threats.
Viettel launches the world’s first O-RAN 5G Network

Viettel launches the world’s first O-RAN 5G Network

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.
4G mobile network coverage reaches 99% of Vietnamese population: Minister

4G mobile network coverage reaches 99% of Vietnamese population: Minister

Vietnam's 4G mobile network coverage now reaches 99% of the population, bringing the country close to the level of developed nations, which is at 99.4%, Minister of Information and Communications Nguyen Manh Hung affirmed at a Q&A session as part of the 15th National Assembly’s ongoing 8th sitting on November 12.
Quang Ninh to host 3rd Vietnam Int

Quang Ninh to host 3rd Vietnam Int'l Digital Week next week

The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.
PM calls on whole society, teachers, education sector to enter era of nation

PM calls on whole society, teachers, education sector to enter era of nation's rise

Prime Minister Phạm Minh Chính on November 15 called on the whole society to join hands with teachers and the education sector in nurturing owners of the future, especially when Việt Nam is preparing to enter a new era - the era of the nation’s rise.
Students invent eco-friendly material press machine to replace plastic products

Students invent eco-friendly material press machine to replace plastic products

Researching and designing a press machine to produce plates and bowls from readily available materials like coconut husks, areca sheaths and banana leaves not only promotes green product consumption but also helps as part of developing a sustainable economy.
Party chief urges Hai Phong to become modern maritime economic hub

Party chief urges Hai Phong to become modern maritime economic hub

As part of his working trip to the northern city of Hai Phong, Party General Secretary To Lam held a working session with the municipal Party Committee on November 14, during which he urged the local authority to pay attention to planning work, towards turning it into a modern maritime economic hub in the future.
Night flights added at six airports to meet rising travel demand during Tet

Night flights added at six airports to meet rising travel demand during Tet

The Civil Aviation Authority of Vietnam (CAAV) has approved proposals from several domestic airlines to increase night flights to meet the higher travel demand during the Lunar New Year (Tet) which falls in late January 2025.
Hòa Bình exports honey and pearl onions to UK

Hòa Bình exports honey and pearl onions to UK

This shipment marks Hòa Bình Province's second export of processed agricultural products to the UK, and has a value exceeding VNĐ300 million (US$11,800).
Central province selects OCOP products to be promoted in the US

Central province selects OCOP products to be promoted in the US

The central provincial department of Agriculture and Rural Development has included ten OCOPs (One Commune One Product) – for promotion and introduction into the US market.
Hà Nội to host large-scale international fair for key industrial products in 2025

Hà Nội to host large-scale international fair for key industrial products in 2025

The city will also organise a conference to connect 50-70 leading industrial product manufacturers with local universities and vocational training institutions.
Agriculture, craft village festival to be held in Hà Nội

Agriculture, craft village festival to be held in Hà Nội

Visitors will have the opportunity to explore the agricultural culture of Hà Nội and purchase high-quality products with traceable origins.
tcty-dau-khi-vn-pv-power-2022
Seminar helps fashion businesses identify future consumers

Seminar helps fashion businesses identify future consumers

Vietnamese fashion businesses discussed how to identify the consumer profiles and sentiments that will drive business growth in the coming years at a seminar held in Hà Nội on Monday.
Kiên Giang to host Khmer cultural festival

Kiên Giang to host Khmer cultural festival

The Cửu Long (Mekong Delta) province of Kiên Giang will host the 2024 Khmer Culture, Sports and Tourism Festival from November 13-16.
Two Vietnamese artists nominated for Grammy Awards

Two Vietnamese artists nominated for Grammy Awards

Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuân Loan, and director Bảo Nguyễn have been nominated for Grammy Awards this year.
Great Solidarity of Ethnic Groups Week to take place next week

Great Solidarity of Ethnic Groups Week to take place next week

The Great Solidarity of Ethnic Groups - Vietnamese Cultural Heritage Week 2024 will take place at the Vietnam National Village for Ethnic Culture and Tourism in Hanoi from November 16-24, according to the Ministry of Culture, Sports and Tourism.
Quảng Ninh to attract more foreign tourists by year-end

Quảng Ninh to attract more foreign tourists by year-end

The northeastern province of Quảng Ninh, home to Hạ Long bay, a UNESCO World Heritage Site, is actively working to reach its target of 19 million visitors in 2024, including 3.5 million international arrivals.
Vietnam promotes int’l cooperation in MICE tourism development

Vietnam promotes int’l cooperation in MICE tourism development

(VEN) - MICE is a type of tourism that combines meetings, incentives, conferences, and exhibitions organized by businesses for their staff, employees, and partners. Compared to other countries in the region, Vietnam is considered to have great potential for MICE tourism development.
2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

The 11th Nha Trang – Khanh Hoa Sea Festival will take place from June 7 - 9 next year, offering a great chance for the south-central coastal province of Khanh Hoa to promote and honour the beauty and immense value of its sea.
Việt Nam to welcome more international cruise ship tourists

Việt Nam to welcome more international cruise ship tourists

Việt Nam has recognised the potential of cruise tourism and is planning to attract more international visitors through this mode of travel.
Mobile Version