An artist's impression of Becamex Binh Dinh Integrated Township and Industrial Park - PHOTO: COURTESY OF BECAMEX HCMC – Prime Minister Nguyen Xuan Phuc on February 18 signed a decision approving the investment in Becamex Binh Dinh Industrial Zone project, which covers 1,000 hectares of land in the central province of Binh Dinh. … [Read more...] about PM approves Becamex Binh Dinh industrial zone project
The third industrial revolution
Fishing industry faces labour shortage after Tết
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
HCMC sees four key industries weakening
As firms active in the mechanical engineering, rubber and plastics and food and beverage sectors focused on their production at the end of 2019 to serve the Tet holiday, in early 2020, these firms enhanced their focus on selling activities, resulting in a fall in these sectors’ indices. … [Read more...] about HCMC sees four key industries weakening
EVFTA may boost Vietnam-Poland trade ties
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
COVID-19 highlights need for economic restructuring
“The epidemic is an opportunity for Vietnam to look at its strong points and weak points, and to accelerate the restructuring process,” Minister of Planning and Investment Nguyen Chi Dung said during a recent interview with zing.vn. “It is time for Vietnam to built an economy more independent and resilient to adapt to changes,” Dung stressed. … [Read more...] about COVID-19 highlights need for economic restructuring
