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A worker at a factory in Vietnam – PHOTO: HUNG LE HCMC - Standard Chartered has forecast that Vietnam’s gross domestic product (GDP) growth would rebound to 7.8% in 2021 from 2.9% in 2020, with manufacturing likely to continue driving the economy, helping Vietnam outperform the rest of Asia.  … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

At a medal parade ceremony held in Bentiu, South Sudan on January 22, Head of the United Nations Mission in South Sudan (UNMISS) Bentiu Field Office Hiroko Hirahara and Sector Unity Commander for UNMISS Major General Shamim Kamal presented the medals to all 63 members of the L2FH2. … [Read more...] about Vietnam’s field hospital in South Sudan honoured for outstanding contributions to UN peacekeeping

Apart from Nghi Son Port that can handle ships of 50,000 DWT, many seaports are under construction, such as Long Son, which is designed to accomodate ships of 100,000 DWT, serving as the door for the north-central region and the entire northern region to head towards the sea.  … [Read more...] about Thanh Hoa: a promising investment destination

Hanoi (VNS/VNA) - Up to 205 local traders nationwide were permitted to export rice as of January 18, following a list released by the Ministry of Industry and Trade’s Agency of Foreign Trade.   Per the list, the Mekong Delta City of Can Tho saw the highest number of licensed rice exporters at 43. Ho Chi Minh City ranked second with 38 eligible rice exporters, followed by the southern provinces of Long An, An Giang and Dong Thap at 25, 20 and 18, respectively. Other localities with licensed rice exporters were Tien Giang and Hanoi with eight, Nghe An with seven, and Kien Giang and Vinh Long at six.  Meanwhile, other localities had only one permitted rice exporter, such as Dak Nong, Tra Vinh, Tay Ninh, Binh Dinh, Binh Duong, Ha Tinh, Nam Dinh and Ninh Binh.  Despite a modest decline of 3.5 percent in export volume to 6.15 million tonnes mainly due to the Government's efforts to ensure national food … [Read more...] about Total of 205 traders allowed to export rice

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further