Industry

Similar to Quốc Anh, Nguyễn Trường Hải said he started his first sail on the 6th day of the first lunar month as it was a lucky day but he quickly returned due to the limited number of workers on the ship. … [Read more...] about Fishing industry faces labour shortage after Tết

Speaking at a meeting to discuss HCMC’s socioeconomic performance on February 18, Le Thi Huynh Mai, director of the municipal Department of Planning and Investment, noted that the city’s index of industrial production (IIP) in January had dipped by 4%, while its IIP in January last year had expanded by 5.1% year-on-year. … [Read more...] about HCMC sees four key industries weakening

Hanoi (VNA) – The recently ratified EU-Vietnam Free Trade Agreement (EVFTA) is likely to accelerate trade between Vietnam and Poland, according to International Business Times. The newspaper quoted Piotr Harasimowicz, Chief Representative Officer of the Polish Investment and Trade Agency in Ho Chi Minh City, as saying that Vietnam is one of the most promising markets for Polish companies in Southeast Asia. The official said latest data from the agency showed bilateral trade between the two countries surpassed 3 billion USD in 2019. The key sectors of cooperation are agri-food, pharmaceuticals, cosmetics, green technologies and wastewater treatment. Potential areas were software/IT, heavy industries such as mining, shipbuilding, machinery and equipment for agricultural production, and food processing. Vietnam mainly exports electronics and equipment, footwear, textiles and agricultural goods such as coffee, pepper, coconut and cashews, he added. Harasimowicz said … [Read more...] about EVFTA may boost Vietnam-Poland trade ties

He noted Viet Nam was a member of not only ATIGA but also 12 other free trade agreements. Additionally, climate change has resulted in a drought in sugarcane farming areas, regulations on sugar imports remain unsuitable and the sector’s restructuring and sci-tech application have yet to come to fruition, not to mention the problem of trade fraud. … [Read more...] about PM tells sugar firms it’s time to sink or swim

HCM City (VNS/VNA) - Authorities in the south central province of Khanh Hoa have stepped up efforts to promote new tourism markets to mitigate the fallout of the Covid-19 epidemic. The province’s tourism industry has largely depended on the Chinese market and the new coronavirus (Covid-19) outbreak has hit it badly, said Deputy Director of the provincial Tourism Department Nguyen Thi Le Thanh. It is important to restructure the market, she said. According to a report by the provincial Department of Tourism, the epidemic has caused the province to lose all Chinese tourists. Le Kim Nhut of the Nha Trang – Khanh Hoa Tourism Association said the tourism industry has to resolve a serious crisis since many Russian and Korean tourists, besides those from HCM City and Hanoi, have also cancelled their trips to Nha Trang. “While it is difficult to forecast the future activities of Chinese tourists, other tourist markets are expected to recover after the next two or three … [Read more...] about Khanh Hoa to restructure tourism, promote new products