New industrial projects are expected to contribute about 5 trillion VND (197 million USD) to the industrial production value of the southern province of Ba Ria - Vung Tau in 2025, according to the provincial Department of Industry and Trade.
Vietnam’s index of industrial production (IIP) saw a year-on-year increase of 8.8% over the past eight months, extending the recovery of the sector, the General Statistics Office (GSO) has reported.
Vice Chairman of the Da Nang city People’s Committee Tran Chi Cuong on April 11 hosted a reception for ambassadors of the European Union (EU)’s member states who came to study the investment climate in the locality.
The index of industrial production (IIP) in Hanoi rose by just 2.3% year on year in the first half of 2023, making it a heavy task for the city to reach the year’s IIP growth target of 7.5 - 8%.
The Hanoi Supporting Industries Business Association (HANSIBA) and Association for Trade Promotion of Small and Medium-sized Enterprises (SMEs) of China’s Suzhou city on May 9 signed a Memorandum of Understanding (MoU) for cooperation in industrial development.
The Mekong Delta province of Kien Giang strives for industrial production value to reach more than 48.18 trillion VND (2.04 billion USD) this year, a year-on-year increase of 8%.
A webinar was held on August 4 to update Vietnamese exporters on the UK Conformity Assessed (UKCA) mark, which is mandatory for most of industrial products circulated and used in the UK from next year.
Enterprises must improve the quality and quantity of domestic tier-1 and tier-2 suppliers, to increase their ability to participate in the supply chain and improve the localisation of domestic industrial products.
Cambodia’s economic growth in 2021 is projected to reach around 3 percent thanks to the strong export of agricultural and industrial products, especially the country’s reopening post COVID-19.
Hanoi has launched a plan to foster the development of key industrial products (KIP) in 2022, expecting 30-35 products to earn the recognition next year.
Though exports remain strong, several sectors face difficulties due to the COVID-19 pandemic and require support from the Government if they are to sustain the growth, experts said.
Global demand for goods is recovering and this is an opportunity for Vietnam to boost its exports of consumer and industrial products, according to the Ministry of Industry and Trade (MoIT).
Ho Chi Minh City has set itself a target of meeting 65 percent of its demand for supporting industry products by 2025 by honouring and supporting business that invest in supporting industries.
Ho Chi Minh City earned more than 7.98 billion USD from exports in the first two months of 2021, up 25.1 percent year-on-year, the municipal Department of Industry and Trade has reported.
Vietnam’s rice exports to Africa rose sharply in the first six months of 2020 and are expected to continue surging in the remainder of the year and in 2021, according to Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan.
The Ministry of Industry and Trade (MoIT) said that the most important priority at present was to maintain the operation of domestic industrial enterprises during the COVID-19 pandemic.
HCM City earned 9.85 billion USD from exports in the first quarter of 2020, a year-on-year increase of 7.5 percent, thanks to support policies and effective trade promotion.
