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Fashion and apparel products for families and children. — VNA/VNS Photo Total retail sales of consumer goods and services in the first five months of this year was estimated at VND2.52 quadrillion ($107.2 billion), a year-on-year rise of 12.6 per cent, the highest recorded in the same period since 2015, reported the General Statistics Office (GSO). It underlines that the five-month result represents a surge of 28.3 per cent over the same time in 2019 before the COVID-19 pandemic broke out. Specifically, in the January-May period, revenue from retail sales of goods was VND1.99 quadrillion, up 10.7 per cent year on year. Upturn was seen in sales of food and foodstuff (14.6 per cent), garment and textile (11.1 per cent), home appliances (4.8 per cent), transport vehicle excluding automobiles (4.2 per cent), and educational and cultural products (1.9 per cent). Strong rise in revenue from retail sales of goods was seen in many localities, led by Bac Ninh with 19.6 per cent, … [Read more...] about Five-month retail sales of consumer goods, services highest in eight years

He said that all shipments of fresh lychee arriving at the border gate are given priority to be cleared before other types of goods, adding that the office strives to provide the best condition for exporters to speed up customs clearance. To support the export of the fruit, the Management Board of Lao Cai Border Economic Zone has directed units at the border gate to arrange for staff to begin shifts early to ensure all procedures are completed within one day. Ahead of the lychee season, the board held discussions with the Chinese side to tackle obstacles to facilitate the export of Vietnamese agricultural products. Hoang Minh Du, deputy head of the border station based at Kim Thanh II International Border Gate, said that before the lychee season, the unit had devised a plan to regulate traffic and asked soldiers on duty at the border gate to give priority to trucks carrying lychee fruit. When vehicles arrived at the border area, they were guided to avoid traffic jams even during … [Read more...] about Over 5,000 tons of fresh lychee shipped to China via Lao Cai border gate

Ha Nam’s distinctive advantage, according to many investors, lies in its proximity to Hanoi. Strategically located at the centre of the North Central region, Ha Nam is an intersection of key transportation routes. The province provides convenient access to neighbouring areas such as Hanoi, Haiphong, Bac Ninh, Bac Giang, Thai Nguyen, and others. Additionally, it is home to some northern arterial routes, namely the Cau Gie-Ninh Binh motorway, national road 1A, and the North-South motorway. Due to its ideal location near the major economic centre of Hanoi and its developed infrastructure, Ha Nam greatly facilitates the activities of transporting and trading goods. Meanwhile, its industrial parks (IPs) feature a comprehensive infrastructure base, including transport, power, water supply system, and waste-water treatment stations that perfectly match businesses’ long-term development goals. Located in the Dong Van 3 IP, the GNP Dong Van 3 project has all the geographical … [Read more...] about Ha Nam province – a new manufacturing hub for SME expansion

The clearance of 200-300 coal wagons per day via the La Lay border gate in the central province of Quang Tri is being deemed impractical, affecting Logistics PTS Vietnam’s future aim of importing five million metric tonnes of coal annually. “Transportation and warehouse infrastructure is scarce, and so we can only remove about 100 vehicles per day,” said PTS general director Nguyen Quang Huy. According to him, if Vietnam fails to strengthen infrastructure, improve National Highway 15D, and invest in warehouses, it will miss the chance to compete with Thailand in purchasing coal from Laos. In February, Laos’ energy ministry announced findings of coal field surveys in the provinces of Sekong and Saravane, indicating that reserves may be as high as 500 million MT. Coal still with part to play in energy mix, Source: evn.com.vn Vietnam may experience a power scarcity if the availability of coal becomes constrained. According to Electricity of Vietnam (EVN), the total … [Read more...] about Coal still with part to play in energy mix