Vietnam manufacturing industry

Accordingly, the products under investigation are cold-rolled stainless steel in rolls, sheets, or other shapes. Specifically, the notice from MITI stated that this agency will send a questionnaire to relevant parties, including Vietnamese manufacturers and exporters. According to experts, the rapid increase in Vietnam's steel export turnover has caused many countries to pay attention and conduct safeguard investigations. Previously, Vietnam's steel industry had faced many trade remedies lawsuits initiated by many markets. These lawsuits came mostly from the main steel export markets of Vietnam, such as the US, the EU, some countries in the ASEAN, and even the Eurasian Economic Union. Only in the last two months, Thailand’s Committee on Dumping and Subsidies decided to impose anti-dumping duties ranging from 6.97 percent to 51.61 percent (CIF price) on iron or steel pipe products originating or imported from Vietnam, consisting of 169 HS codes, to prevent the threat of … [Read more...] about Vietnam’s steel industry continuously faces safeguard investigations

Top Textile Vietnam project is a strategic project of Hong Kong's leading investor group with one of Japan's largest multidisciplinary economic groups. The birth of the project is a boost to the development of Vietnam's textile and garment industry and a contribution to the realization of the global textile value chain restructuring strategy. … [Read more...] about Nam Dinh-based Rang Dong Textile Industrial Park sign land lease contracts with foreign firms

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

In the next 10 years, the number of enterprises supported with solutions to improve productivity and quality is expected to increase by 10-15 per cent per year, of which the number of certificates for ISO 9001 quality management system and ISO 14001 environmental management system granted to businesses will increase at least 10 per cent compared to the 2011-20 programme. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

For Resolution 58, the Government will set up requirements to not consider the expansion of projects using outdated technologies. Vietnam will have mechanisms to compete with other countries in attracting high-tech projects, especially those with research and development conducted in Vietnam. … [Read more...] about Gov’t supports domestic industrial development