It is forecast that there will be many difficulties for the cement industry, due to weak demand and fierce competition both domestically and internationally.

Vietnam’s aquatic product exports in April plummeted 28% year-on-year to 810 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Although the cashew nut processing and exporting industry was warned of many difficulties in 2023, Vietnamese exporters still have many opportunities to boost exports if both businesses and farmers turn to green production, insiders have said.

External inflation has begun to affect domestic production activities in both agriculture and industry. This is driving prices skyward, a major challenge for domestic businesses.

In the face of rising domestic gasoline prices, many retail businesses have been making efforts to control the price of goods to ensure supply and stabilise the market.

Many businesses have closed down or are struggling with rising overheads due to COVID-19.

The state oil firm of Indonesia PT Pertamina (Persero) posted a net profit of 14 trillion Rp (1 billion USD) in 2020, according to its Director and President Nicke Widyawati.

Cutting interest rates and corporate income and added value duties, and extending loan payments and tax and social insurance collections were among the proposals raised by businesses at a seminar in Ho Chi Minh City on March 17.

The Mekong Delta province of Hau Giang will develop its agriculture towards improving added value and sustainable development, according to the provincial Department of Agriculture and Rural Development.

The private sectors of ASEAN member nations are preparing to build standards for organic products in order to reduce production costs and improve supply chain management.

Domestic cashew processing enterprises have been facing difficulties due to a new regulation that requires additional checks on raw materials imported from African ports.

The Saigon Beer-Alcohol-Beverage Corporation (Sabeco) is targeting a lower post-tax profit in 2018 due to the increase of production costs and stronger competitiveness in the industry.

The increasing number of Vietnamese suppliers who provide parts and components to Samsung would not only help Samsung Vietnam (SEV) reduce its production costs, but also develop the country’s auxiliary industry.

Vietnam’s tea exports are forecast to increase in both volume and value in the remaining months of 2017 due to growing global demand and limited supply.

Vietnam's enterprises feel positive about the business climate for the fourth quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.

The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Vietnam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.

Deputy Prime Minister Vuong Dinh Hue has requested the Electricity of Vietnam (EVN) to review loss-making projects to ensure investment flows for its production and business.

The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment.

The textile and garment industry development planning to 2020 with a vision towards 2030 has set to earn an export value of 20 billion USD by 2020.

Vietnam’s tuna exports are expected to bring much revenue as in 2015 despite a slight decline in orders from Japan, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).