Why activities are necessary

Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy

Ha Nam Textile Company in Phu Ly, Ha Nam. Enterprises are encountering a number of difficulties after the COVID-19 pandemic and needed support to promote business and production recovery. — VNA/VNS Photo Tran Viet The Ministry of Planning and Investment will propose policies to remove obstacles for enterprises and enable them to seize opportunities to accelerate production and business, Minister Nguyen Chi Dung said. Dung promised at a meeting on Monday to listen to the difficulties of enterprises and raise solutions for the second half of this year, saying it was important to identify advantages and opportunities, as well as challenges, to raise policies to support enterprises and enable them to participate and not miss any chances. Enterprises are encountering a number of difficulties after the COVID-19 pandemic which has heavily socio-economic activities hard during the past two years. Labour shortages are one of the most common challenges facing industries. According to … [Read more...] about Ministry listens to firms’ difficulties, pledges to raise support

Minister of Natural Resources and Environment Trần Hồng Hà gives a speech at the conference. — VNA/VNS Photo Tuấn Anh HÀ NỘI — The Ministry of Natural Resources and Environment on Tuesday chaired a conference to discuss a national action plan for Việt Nam's circular economy. Speaking at the conference, Minister of Natural Resources and Environment Trần Hồng Hà said that climate change, environmental pollution and natural ecosystem decline were crises for humanity today. Last month, the World Meteorological Organisation released four key indicators of climate change, including greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification. The indicators set new records in 2021, showing that human activities are causing planetary-scale changes on land, in the oceans, and in the atmosphere, with serious and lasting consequences for sustainable development and ecosystems. “This is the consequence of the unsustainable model: resource extraction - production - … [Read more...] about National action plan for circular economy to be set up