High costs causing woes to business performance
NDO - Though Vietnam has been making major efforts to ameliorate administrative procedures in the aim to lure in more investment and spur on businesses’ confidence, a series of obstructions still remain, hampering the country’s efforts to realise its national development goals.
Vingroup’s withdrawal from smartphone sector hints at Vietnamese handset brands’ unforeseeable misadventure
The Vietnamese smartphone market is dominated by foreign players
Ho Chi Minh City sees positive socio-economic signs in January-April
The four key industries in the city achieved an impressive overall growth rate of 11 percent over the same period in 2020
Vietnam mango exporters face stress as China licenses Cambodian mango imports
37 Cambodian mango growing companies have been accepted by China to export 500,000 tons of the fruit into the country every year, posing a challenge to Vietnamese growers
Ministries propose adjusting import tariffs, encourage use of new materials
Right from the beginning of this year, the Ministry of Industry and Trade (MoIT) reported to the Prime Minister on the forecast of supply and demand, as well as price fluctuations of steel products in the global market and Vietnam in 2021 and the coming years. The paradox of construction material
Vietnamese exporters struggle with rising material prices
Vietnamese manufacturers and exporters are struggling to cope with rising material prices despite posting high export volumes in the first four months of the year.
Protective measures geared towards online consumers strengthened
Vietnamese online businesses and authorities in the era of online shopping are gradually working towards getting the market under control through individual platforms and official protective policies.
Local enterprises must deal with challenges in FTA implementation
VOV.VN - Vietnamese enterprises need to be proactive in terms of gaining knowledge of incentives, whilst simultaneously managing themselves in order to deal with gaps and weaknesses occurring in the implementation of free trade agreements (FTAs), according to economic experts.
Vingroup stops TV, smartphone lines, focuses on VinFast vehicles
VOV.VN - Vingroup, Vietnam’s largest private conglomerate, has unveiled plans for its subsidiary VinSmart to halt the manufacturing of televisions and smartphones in order to primarily concentrate on developing electronic products and other components for VinFast cars.