Private

Illustrative photo (Source: VNA) Hanoi (VNS/VNA) – Vietnam’s textile, garment and footwear sectors aim to achieve a total export value of 77-80 billion USD in 2025 and 106-108 billion USD in 2030, according to the strategy for the development of Vietnam’s textile and footwear industry. Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy. The sectors will continue to promote investment in the production of materials and auxiliary materials, as well as supporting industries. They will encourage the production of fabrics from domestically produced yarn to reduce imports, and form a complete supply and value chain in the region. For the leather and footwear industry, Nguyen Duc Thuan, Chairman of Lefaso, said domestic enterprises need to actively adapt to the requirements of the market and brands on sustainable development standards for products. They … [Read more...] about Garment, footwear exports aim to reach 80 bln USD by 2025

Singapore’s inflation remains high in 2023: Economists (Photo: VNA) Singapore (VNA) – Based on latest data from Singapore ’s Ministry of Trade and Industry and Industry (MTI), many economists have forecasted that the country’s inflation will remain high in 2023, despite signs of reduction from global price pressures. In 2022, overall inflation came in at 6.1%, up from 2.3% a year ago, while core inflation, which excluded accommodation and private transport, came in 4.1% year on year, an increase of 0.9% year on year. Singapore's overall inflation is forecast at 4.5-5.5% in 2023, while core inflation is forecast at 2.5-3.5% after excluding impacts of increase in Goods and Services Tax (GST). Monetary Authority of Singapore (MAS) and the MTI have also warned about risks that could lead to high inflation rates being “persistent than expected”, especially after China reopened its market. However, both MAS and the MTI are still optimistic about the second half of … [Read more...] about Singapore’s inflation remains high in 2023: Economists

A Vietjet aircraft (Photo: Vietjet) HCM City (VNA) – Low-cost airline Vietjet is offering passengers lucky journeys on the red aircraft with attractive promotions on the occasion of the spring 2023. Accordingly, passengers enjoy a discount of up to 90% from February 1-3 when booking tickets and applying the code "FLYFORLOVE" at the official website www.vietjetair.com and Vietjet Air mobile app. The flight period is from February 16 to May 16, 2023 for all domestic and international routes including those to Australia, India, Kazakhstan, the Republic of Korea, Japan, Taiwan, Hong Kong, Thailand, Singapore, Malaysia, and Indonesia (Bali). In particular, passengers can enjoy free payment fees when booking and paying via Vietjet SkyClub. Moreover, from February 1 to March 15, thousands of e-vouchers worth 100,000 VND will be given to all passengers when booking tickets and successfully paying with Vietjet, after then visit https://evoucher.vietjetair.com/ to receive e-voucher … [Read more...] about Vietjet offers flight tickets up to 90% off