Industry

The report notes that Vietnam’s export markets, including China and Southeast Asian countries, are experiencing high growth in food and beverage consumption. In addition, Vietnam also enjoys free access to key export markets under trade agreements it has signed, it adds. … [Read more...] about Lower growth trend brews for Vietnam beer industry

Accordingly, the products under investigation are cold-rolled stainless steel in rolls, sheets, or other shapes. Specifically, the notice from MITI stated that this agency will send a questionnaire to relevant parties, including Vietnamese manufacturers and exporters. According to experts, the rapid increase in Vietnam's steel export turnover has caused many countries to pay attention and conduct safeguard investigations. Previously, Vietnam's steel industry had faced many trade remedies lawsuits initiated by many markets. These lawsuits came mostly from the main steel export markets of Vietnam, such as the US, the EU, some countries in the ASEAN, and even the Eurasian Economic Union. Only in the last two months, Thailand’s Committee on Dumping and Subsidies decided to impose anti-dumping duties ranging from 6.97 percent to 51.61 percent (CIF price) on iron or steel pipe products originating or imported from Vietnam, consisting of 169 HS codes, to prevent the threat of … [Read more...] about Vietnam’s steel industry continuously faces safeguard investigations

Quang Ninh (VNA) - Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors. According to experts, Quang Ninh is considered a strategic investment destination in Vietnam’s northern region and an important link in the Hanoi - Hai Phong - Quang Ninh northern economic growth triangle. The province possesses major advantages, with Van Don district to become a multi-sectoral marine economic zone and an entertainment centre, with a casino, high-end sea-island tourism, and general services. The province has planned to develop eleven IPs and four EZs that together span over 368,000 ha, accounting for more than 30 percent of Quang Ninh’s total natural area. Six of the 11 IPs have already been issued investment registration certificates and have infrastructure invested in and leased. Investors have so far poured about 27.35 … [Read more...] about Industrial parks, economic zones create new growth momentum in Quang Ninh

The Jehong Textile Vietnam project marks a success in attracting investors with the world's leading state-of-the-art dyeing technology and affirms its commitment to greening the manufacturing industry in Vietnam. The implementation of construction and operation activities right in the context of the world economy facing unprecedented challenges shows the potential for sustainable development of the textile and garment industry. … [Read more...] about Nam Dinh-based Rang Dong Textile Industrial Park sign land lease contracts with foreign firms

Game publishers began seeing the potential of an undiscovered entertainment market and massively imported foreign games for domestic release. At that time, the shorter the release and the shorter the payback time, the faster the game and the market share expanded. Subtracting expenses such as royalties, revenue sharing, commissions, marketing and operations, the game service providers could still keep about 15-35% of the pre-tax revenue. … [Read more...] about Online game industry: VN still imports games after more than 15 years