Why cotton textile industry rapidly expand in mumbai

Office space remains a hot commodity as rents soar past the recent peak to reach a decade high. Rental rates in Grades A & B increase was supported by strong demand and higher rental rates in newer office developments. Tenants are struggling to find bigger space as in the current market, only one Grade A building and ten Grade B buildings can provide a contiguous space larger than 1,000 square meter (sq.m). … [Read more...] about Industrial property continues dominating Vietnam’s 2020 real estate sector

Mr Huynh Van Hai - Deputy General Director of Fruit Farm Company Limited who has benefited from Validus Vietnam's SME financing platform, shared - people are staying at home more today due to the pandemic, and we have seen a surge in demand for food in general. Thanks to Validus Vietnam, we are able to receive financing on time to purchase the necessary materials and sell our fruits on time, especially when fruits have a very short shelf life. … [Read more...] about Validus Vietnam collaborates with IFC to expand supply chain financing to SMEs in Vietnam

Hanoi (VNA) - Vietnamese exporters should further exploit the 28-member European Union to increase their market share in the promising region, Vietnam Trade Counsellor in Germany Bui Vuong Anh has said. Addressing a conference on trade promotion to the European market held by the Ministry of Industry and Trade (MoIT) held on November 25, he noted that Vietnam’s exports account for only 2 percent of European imports. Major exports from Vietnam with advantages in the market include agricultural and aquatic products, processed foods, footwear, garments and textiles, and some high value-added product categories, such as electrical products, electronics, telephones, equipment, and machinery. Anh said there is still room for Vietnamese exporters and advised enterprises to optimise their advantages in agricultural and aquatic products, garments and textiles, and footwear to quickly increase market share in the region. For seafood products, enterprises should pay attention to origin … [Read more...] about Exporters advised to further tap into European market

The MoIT is willing to listen to ideas and opinions from Korean investors and businesses and will work harder to improve the local business climate, he added. Speaking at the event, Korean Ambassador to Vietnam Park Noh Wan highlighted Vietnam as an open economy which has developed steadily and become member of many free trade agreements. These are good factors for Korean firms to stay confident about their investment and business in the Southeast Asian country, he said. As the COVID-19 pandemic is causing disruption to global supply chains, enterprises from both nations need to exchange frequently and coordinate closely to further boost trade and investment, the diplomat said. Currently, the RoK is Vietnam’s third largest trade partner, after China and the US, with bilateral trade reaching nearly 67 billion USD in 2019. It is also the fourth largest export market and second import market of Vietnam. The RoK mainly imports agricultural and aquatic products, processed food, … [Read more...] about MoIT pledges to do its best to support Korean firms: Minister

The talks in Hanoi on September 30 between Vietnamese Deputy PM and Foreign Minister Pham Binh Minh (second, right) and UK First Secretary of State and Secretary of State for Foreign, Commonwealth and Development Affairs Dominic Rabb (second, left) (Photo: VNA) … [Read more...] about Vietnam, UK issue joint declaration on strategic partnership