Vietnam to remain important link in global supply chains: economist

Vietnam to remain important link in global supply chains: economist

Vietnam will remain an important link in global supply chains and a destination favoured by many businesses, said Tim Leelahaphan, Standard Chartered's economist for Thailand and Vietnam, on February 28.
Vietnamese businesses could join global supply chains with sound strategies: experts

Vietnamese businesses could join global supply chains with sound strategies: experts

A survey conducted by the association showed 63% of Japanese enterprises said they would continue investing in operation expansion in the next 1-2 years, reflecting that investors have great expectations for Vietnam's economic growth.
Business integrity passport to global supply chains

Business integrity passport to global supply chains

Experts are urging Vietnamese firms to incorporate integrity principles into their corporate governance since they believe business integrity would be the passport to global supply chains.
RCEP to help boost Vietnam’s engagement in supply chains: Report

RCEP to help boost Vietnam’s engagement in supply chains: Report

A report on the Regional Comprehensive Economic Partnership (RCEP)’s impacts on the shaping of supply chains in Vietnam was released by the National Centre for Socio-Economic Information and Forecast (NCIF) and Konrad-Adenauer-Stiftung Vietnam on November 10.
Keeping inflation below 4% is very difficult

Keeping inflation below 4% is very difficult

According to economist Vu Vinh Phu (photo), keeping inflation below 4% in 2022 is very difficult. Therefore, solutions related to energy, raw materials and supply chains are the most important right now.
Ministry to help local firms to join FDI multinationals’ supply chains

Ministry to help local firms to join FDI multinationals’ supply chains

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
Vietnam continues to be favorable location for the convergence of supply chains

Vietnam continues to be favorable location for the convergence of supply chains

VCN - Speaking to Customs News, Tran Thanh Hai, Deputy Director of the Import-Export Department (Ministry of Industry and Trade) said that Vietnam is a favorable location for the convergence of supply chains. In the future, if the Government issues docume
HCM City Customs: Set up plan to support firms during and after the pandemic

HCM City Customs: Set up plan to support firms during and after the pandemic

A series of solutions for enhancing trade facilitation to help businesses stabilise supply chains and ensure economic recovery in HCM City have been developed
The risk of disruption in agricultural production and supply chains is very high

The risk of disruption in agricultural production and supply chains is very high

VCN- To solve the immediate difficulties, the Working Group has connected with enterprises, cooperatives and farms with more than 1,000 focal points to connect and consume agricultural products.
Broken supply chains: Businesses need to work together

Broken supply chains: Businesses need to work together

Talking to Kinh tế Đô thị (Economics Urban Affairs) Newspaper, economist Nguyễn Trí Hiếu said in the immediate future, there must be a timely solution to support businesses to ensure the "dual goal" of fighting the pandemic and maintaining production and business. In the long term, it is necessary to develop a new strategy for supporting industries, as well as diversifying import and export markets to avoid risks from all fluctuations in the world.
Industrial development faces challenge due to its over-reliance on FDI

Industrial development faces challenge due to its over-reliance on FDI

One of the emerging challenges for Vietnam's industrial development is that the driving force in Vietnam's production and export of industrial products is currently driven by the FDI sector
Vietnam to remain at centre of Asian supply chains: EIU

Vietnam to remain at centre of Asian supply chains: EIU

Vietnam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released on January 13.
2021- Waiting for businesses to recover from the shock

2021- Waiting for businesses to recover from the shock

VCN- HSBC's annual Navigator survey shows that 86% of Vietnamese companies surveyed expect sales to increase in 2021, higher than the global and Asia-Pacific average (64%and 60%, respectively).
Vietnam capitalises on domestic market amid disrupted global supply chains

Vietnam capitalises on domestic market amid disrupted global supply chains

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.
EVFTA provides boost in diversification of supply chains

EVFTA provides boost in diversification of supply chains

Along with tariff incentives brought about by the implementation of the EU-Vietnam (EVFTA), local businesses have been advised to enhance their capacity to join new supply chains as a means of fully tapping into opportunities presented by the trade pact,
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