Keys to making breakthroughs in supporting industry

Keys to making breakthroughs in supporting industry

(VEN) - Ha Tinh has determined that the development of supporting industry has important meaning in attracting investment in the province, boosting the development of local small- and medium-sized enterprises (SMEs), contributing to increasing the proportion of the industrial sector in the economic structure.
Linkage with foreign firms needed to develop Việt Nam

Linkage with foreign firms needed to develop Việt Nam's supporting industry

Linkage with multinational corporations is the shortest way for Vietnamese supporting industry enterprises to participate in the global supply chain, according to economic experts.
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.
Developing supporting industries needs to be a priority

Developing supporting industries needs to be a priority

A report of the Ministry of Industry and Trade (MoIT) shows that the number of enterprises in the supporting industry sector accounts for only about 4.5 per cent of the total number of companies in the manufacturing and processing industry.
Auto parts manufacturers  manage to reach world level

Auto parts manufacturers manage to reach world level

(VEN) - Although the automobile market faced many difficulties and challenges in early 2024, the automobile supporting industry is standing a good opportunity for transformation.
Vietnam to boost semiconductor development with US support

Vietnam to boost semiconductor development with US support

(VEN) - Vietnam is launching a series of strategic kick-off sessions to advance its role in the global semiconductor industry, focusing on workforce development and public policy.
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.
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.
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.
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Long Thanh Airport component project 4 urged to be on schedule

Long Thanh Airport component project 4 urged to be on schedule

(VEN) - On the afternoon of December 2, Deputy Prime Minister Tran Hong Ha chaired a meeting of the Working Group on the Long Thanh International Airport project, Phase 1 regarding the implementation of component project 4 connecting traffic to Long Thanh Airport.
Specific plans announced to restructure Party apparatus

Specific plans announced to restructure Party apparatus

The plan will reduce at least four Party organisations, 25 Party delegations and 16 Party groups merged into others and add two more Party Committees under central management.
Chinese media highlights Vietnam as attractive investment destination in 2025

Chinese media highlights Vietnam as attractive investment destination in 2025

The number of Chinese manufacturers shifting production to the Vietnamese market has boomed since 2018, and the upward trend is set to continue over the coming years, the South China Morning Post (SCMP) of Hong Kong (China) confirmed.
Indonesia extends safeguard measures on polystyrene products from Vietnam

Indonesia extends safeguard measures on polystyrene products from Vietnam

The Indonesian Trade Safeguards Committee (KPPI) has announced the extension of safeguard measures on expansible polystyrene (EPS) products with the HS code 3903.11.10, in which Vietnam is not included on the list of excluded developing countries.
Party chief meets with Hanoi voters

Party chief meets with Hanoi voters

Party General Secretary To Lam met with voters in Hanoi’s Ba Dinh, Hai Ba Trung and Dong Da districts on December 3, briefing them on the outcomes of the 15th National Assembly’s eighth session.
streamlining political systems organisational apparatus

Streamlining political system's organisational apparatus

Party General Secretary To Lam has urged Party committees, Party organisations, agencies, units, and sectors at all levels to demonstrate the highest political determination in streamlining the political system's organisational apparatus.
vietnam singapore strategic partnership

Vietnam-Singapore Strategic Partnership

The official visit to Singapore by National Assembly Chairman Tran Thanh Man and his spouse aims to further deepen the strategic partnership between Vietnam and Singapore.
local vibe at wholesale market

Local vibe at wholesale market

A market can often be described as the beating heart of a city. And Đồng Xuân Market in the centre of Hà Nội is exactly that.
government member for 2021 2026 term

Government member for 2021-2026 term

The 2021-2026 government term was recently consolidated after the 8th session of the 15th National Assembly. It consists of 27 members, including the Prime Minister, five Deputy Prime Ministers, and 21 ministers and heads of ministerial-level agencies.
ancient house comes to life

Ancient house comes to life

The Ancient House at 87 Mã Mây has come to life with a new live show about a herbalist, one of the owners of the house in the past. Visitors can learn about the tradition of making herbs, and watch the lifestyle of family that once lived there with music and dances from the 1930s.
Specific plans announced to restructure Party apparatus

Specific plans announced to restructure Party apparatus

The plan will reduce at least four Party organisations, 25 Party delegations and 16 Party groups merged into others and add two more Party Committees under central management.
Streamlining political system: Time does not wait

Streamlining political system: Time does not wait

Achieving strategic goals not only requires extraordinary efforts and exceptional commitment but also does not allow any delay or slackening, with a revolution to build a truly elite and streamlined political system promptly carried out, the Party leader underscored.
Gov

Gov't urges stronger efforts in thrift practice, wastefulness prevention

HÀ NỘI – Prime Minister Phạm Minh Chính on Sunday signed an official dispatch demanding ministries, sectors, and localities to promote thrift practice and wastefulness combat.
2-per-cent VAT reduction extended to the end of June

2-per-cent VAT reduction extended to the end of June

HÀ NỘI — The National Assembly has approved an extended reduction of value added tax (VAT) from 10 per cent to 8 per cent until the end of June.
Reviving nuclear power programme believed a correct policy

Reviving nuclear power programme believed a correct policy

HÀ NỘI — Many experts in the field of nuclear energy believe that reviving the development of nuclear power is a correct policy.
Viet Nam to restart Ninh Thuan nuclear power project

Viet Nam to restart Ninh Thuan nuclear power project

The National Assembly approved the Government's proposal to restart the Ninh Thuan nuclear power project at its 8th working session on November 30.
Wood industry aims at US$16 billion in export earnings this year

Wood industry aims at US$16 billion in export earnings this year

The wood industry of Vietnam is likely to rake in US$16 billion from exports this year, far exceeding the initial target of US$14.2 billion set by the Ministry of Agriculture and Rural Development.
Ministry proposes incentives for automobile industry to be extended to the end of 2027

Ministry proposes incentives for automobile industry to be extended to the end of 2027

HÀ NỘI — The Ministry of Finance has proposed the tax incentives for the automobile part-supplying industry to be extended to December 31, 2027 instead of the end of this year to promote the development of the domestic automobile industry.
Chinese media highlights Vietnam as attractive investment destination in 2025

Chinese media highlights Vietnam as attractive investment destination in 2025

The number of Chinese manufacturers shifting production to the Vietnamese market has boomed since 2018, and the upward trend is set to continue over the coming years, the South China Morning Post (SCMP) of Hong Kong (China) confirmed.
Vietnam

Vietnam's readiness to receive semiconductor investment

Vietnam’s goal is not only to participate in the global value chain but also to build an advanced and attractive semiconductor industry ecosystem in the region and the world, which will help the country achieve self-reliance and sustainable development in this field. Currently, Vietnam has met the necessary conditions to be ready to welcome and cooperate with enterprises and investors from all over the world in the semiconductor industry.
Nghệ An approves US$590 million fabric factory investment from Singapore

Nghệ An approves US$590 million fabric factory investment from Singapore

The factory will begin trial operations in the second quarter of 2028 and is expected to provide jobs for 15,000 locals.
Ha Nam grants investment license worth more than 2.6 trillion VND for Thanh Binh II Industrial Park project

Ha Nam grants investment license worth more than 2.6 trillion VND for Thanh Binh II Industrial Park project

The People’s Committee of Ha Nam Province held a conference on the afternoon of November 26 to issue an investment certificate for the Thanh Binh II Industrial Park infrastructure development and business project.
Central bank increases credit growth limit for banks for second time this year

Central bank increases credit growth limit for banks for second time this year

The State Bank of Vietnam (SBV) on November 28 announced it would increase credit growth target for credit institutions, for the second time this year.
PM orders strengthening 2024 credit management

PM orders strengthening 2024 credit management

Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.
Bac Ninh Province meets business needs for year-end loans

Bac Ninh Province meets business needs for year-end loans

(VEN) - To ensure the sufficiency of loans for manufacturing businesses toward year’s end, many credit institutions in Bac Ninh Province have launched new credit packages with preferential interest rates.
Promoting credit for key agricultural sectors in Mekong Delta

Promoting credit for key agricultural sectors in Mekong Delta

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.
Việt Nam rattled by 458 earthquakes in 11 months

Việt Nam rattled by 458 earthquakes in 11 months

HÀ NỘI — Việt Nam has experienced a significant increase in seismic activity this year, with hundreds of small earthquakes reported across the country.
Hà Nội determined to revive its polluted rivers

Hà Nội determined to revive its polluted rivers

HÀ NỘI — After a long delay period, with strong political commitment and leadership from municipal leaders, the Yên Xá wastewater treatment system in Hà Nội has now begun trial operation.
Vietnam seeks stronger cooperation in hydrometeorological forecasting with Japan

Vietnam seeks stronger cooperation in hydrometeorological forecasting with Japan

Hanoi – Deputy Prime Minister Tran Hong Ha, while receiving a delegation of Japanese experts operating in hydrometeorological forecasting in Hanoi on December 2, suggested the Japanese side implement more specific cooperation projects in this field, laying a foundation for the two governments to propose cooperation priorities in the coming time.
Releasing buoys to protect coral reefs in Cát Bà National Park

Releasing buoys to protect coral reefs in Cát Bà National Park

HẢI PHÒNG – Most coral reef conservation areas in Cát Bà Archipelago, located within the Cát Bà National Park in Hải Phòng City, lack an adequate mooring buoy system.
Empowering Vietnamese firms with digital transformation

Empowering Vietnamese firms with digital transformation

In response to the growing demand of digital transformation and smart production, the Ministry of Industry and Trade has implemented harmonious measures to support domestic businesses in navigating the fourth industrial revolution.
PM urges rapid technology mastery in renewable energy development

PM urges rapid technology mastery in renewable energy development

Prime Minister Pham Minh Chinh on December 1 asked the Vietnam Oil and Gas Group (Petrovietnam) to accelerate technology transfer for wind turbine and blade production by 2026, ultimately achieving full technology mastery for offshore wind energy development.
VN to embrace a new internet era: VIA

VN to embrace a new internet era: VIA

There are vast opportunities for Vietnamese internet businesses, participants were told at Việt Nam's Internet Day 2024 in Hà Nội.
Global experts delve into earth, environmental sciences at int’l Vietnam confab

Global experts delve into earth, environmental sciences at int’l Vietnam confab

The fourth International Vietnam Conference on Earth and Environmental Sciences is taking place in the south-central province of Binh Dinh from November 26-29, bringing together nearly 130 prominent experts from around the world.
Long Thanh Airport component project 4 urged to be on schedule

Long Thanh Airport component project 4 urged to be on schedule

(VEN) - On the afternoon of December 2, Deputy Prime Minister Tran Hong Ha chaired a meeting of the Working Group on the Long Thanh International Airport project, Phase 1 regarding the implementation of component project 4 connecting traffic to Long Thanh Airport.
Long Thành int

Long Thành int'l airport must be completed within 2025: Gov't leader

ĐỒNG NAI — Prime Minister Phạm Minh Chính has asked investors, contractors and relevant agencies to focus on mobilising the total force of workers and equipment to complete the Long Thành International Airport project before December 31, 2025.
Ministry of Construction mulls over $3.9 billion Government bond package for social housing

Ministry of Construction mulls over $3.9 billion Government bond package for social housing

HÀ NỘI — The Ministry of Construction has proposed a VNĐ100 trillion (US$3.9 billion) credit package, funded by Government bonds, to develop social housing.
Bắc Giang looks to hire around 6,300 workers for semiconductor industry

Bắc Giang looks to hire around 6,300 workers for semiconductor industry

BẮC GIANG — Bắc Giang Province is preparing for significant growth in the semiconductor industry, with an estimated demand for around 6,300 workers in the 2025-2030 period.
Việt Nam

Việt Nam's OCOP products debut at AF-L'ARTIGIANO IN FIERA 2024 in Milan

Under the theme 'Việt Nam’s OCOP Products: Gathering Values, Spreading Culture', Việt Nam’s pavilion spans 200 square metres.
Top 10 reputable logistics companies in 2024 announced

Top 10 reputable logistics companies in 2024 announced

The Vietnam Report JSC on November 29 announced the list of top 10 reputable logistics companies for 2024.
150 products honoured as “Vietnamese Goods Loved by Consumers 2024”

150 products honoured as “Vietnamese Goods Loved by Consumers 2024”

A ceremony honouring the 150 most popular products voted by consumers took place in Hanoi on November 28.
Phú Xuyên a land of hundreds of timeless crafts

Phú Xuyên a land of hundreds of timeless crafts

Phú Xuyên District, located 30 kilometres south of Hà Nội, is renowned as the 'land of hundreds of crafts', with all 154 villages engaged in various trades.
tcty-dau-khi-vn-pv-power-2022
Vietnamese artisans bring unique handicrafts to Milan

Vietnamese artisans bring unique handicrafts to Milan

Vietnamese firms are making their mark at the 28th Artigiano International Handicrafts Fair in Milan, the capital of Lombardy - Italy's largest economic and cultural hub, from November 30 - December 8.
Hanoi Digital Pho gives experience of unique culinary essence

Hanoi Digital Pho gives experience of unique culinary essence

(VEN) - Hanoi has just introduced to consumers and tourists its cultural heritage - Hanoi Pho - in a unique way, which is digital Hanoi Pho.
Vietnam rises on global beauty map

Vietnam rises on global beauty map

Vietnam has achieved remarkable progress in global beauty rankings, earning increased recognition for its outstanding representatives winning titles at international beauty pageants.
Broken rice and other Vietnamese dishes among the best rice dishes in Southeast Asia

Broken rice and other Vietnamese dishes among the best rice dishes in Southeast Asia

Broken rice is a traditional Vietnamese dish typically sold as street food. It consists of broken and imperfect rice grains that were once discarded after the milling process, but today, it has become a signature dish of HCM City.
Việt Nam, RoK expand tourism cooperation

Việt Nam, RoK expand tourism cooperation

The Asia Tourism Development Institute (ATI) and the Korea Tourism Management Association have organised a conference in Hà Nội to promote tourism, trade, and education cooperation between Việt Nam and the Republic of Korea (RoK).
Dong Thap boosts actions to protect forests in tandem with sustainable tourism

Dong Thap boosts actions to protect forests in tandem with sustainable tourism

Efforts in preserving flora and fauna ecosystems associated with developing eco-tourism in the Gao Giong cajeput forest in Dong Thap province's Cao Lanh district have contributed to attracting more tourists to the Mekong Delta locality.
Travel + Leisure: Phu Quoc makes the list of 25 must-visit destinations in the world

Travel + Leisure: Phu Quoc makes the list of 25 must-visit destinations in the world

Phu Quoc, Vietnam's Pearl Island, has once again earned a spot in Travel + Leisure's list of top destinations to visit in 2025, solidifying its undeniable allure as an "emerging star" on the global travel map.
Border tourism development enhanced through Magnificent Guangxi event

Border tourism development enhanced through Magnificent Guangxi event

Unique culture and beautiful nature of Guangxi Province introduced in Việt Nam in an effort to promote tourism between two countries.
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