another step closer towards direct vietnam us flights

Another step closer towards direct Vietnam-US flights

Vietnam Airlines will open the long-awaited direct route to the United States which may cheer up overseas Vietnamese looking for repatriation as well as businesspeople from both countries. However before the route’s take-off, a feasible business plan and fleet modifications remain to be handled.
global prospects abound for textiles

Global prospects abound for textiles

Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.
capital mobilisation query leads power plan analysis

Capital mobilisation query leads power plan analysis

The third draft of the National Power Development Plan 8 (PDP8) is 843 pages thick but only nine of these cover financial issues, with an average mobilisation of $13 billion per year until 2045. The capital is allocated to power generation, transmission lines for gas, and wind power sources, among others.
full steam ahead for lng capacities to omit other fossil fuels

Full steam ahead for LNG capacities to omit other fossil fuels?

With its rapid development, Vietnam’s hunger for reliable and sustainable energy sources grows daily. Thus, the country is making efforts to develop thermal gas power sources to diversify its portfolio, which could be a challenging task as there are currently insufficient supplies within its territory.
timber in need of identified strategy

Timber in need of identified strategy

The ongoing pandemic has been pushing the timber market towards sustainable development, but the imbalance of interests between all stakeholders in the supply chains could make it difficult for it to develop sustainably. Thus, experts now advise deploying supportive policies and reform strategies to boost the sector.
impetus for rubber suppliers to bounce back even higher

Impetus for rubber suppliers to bounce back even higher

Although expectations for an increase in rubber prices remain low, the recent spikes have left rubber growers in Vietnam less worried. Nevertheless, to cash in on the recovering carmakers and other industries after the pandemic, as well as compete with regional rivals, local latex gatherers may need to step up their game and apply for official certificates.
power structure balance required

Power structure balance required

Vietnam’s energy sector has been developing rapidly throughout the last few years, in which renewables show the strongest development. However, the existing imbalance between power generation and transmission threatens the national power supply. As such, relevant government agencies are now tasked with finding sustainable approaches to tackle the situation.
keeping opportunities fresh in fruit and vegetable exports

Keeping opportunities fresh in fruit and vegetable exports

The export of Vietnamese fruit and vegetables is worth hundreds of millions of US dollars each year but is so far impeded by the lack of appropriate preservation technology. As regional countries are also upping their game, Vietnam may see incentives for upgrading the lifetime of its produce when exporting to foreign markets like the United States.
desire for long term tactics in solar power

Desire for long-term tactics in solar power

Although Vietnam began to develop solar power plants just about three years ago, the initially achieved capacities have been outstanding. However, the short terms of the government’s previous two incentive programmes have left many projects stagnating, leading to unused potential.
strategic market identification sought for stronger wood trade

Strategic market identification sought for stronger wood trade

Vietnam’s wood industry is leaving behind a successful 2020, ready to embrace the new advantages that some of last year’s signed and effective trade agreements bring with them. However, local associations recommend shifting the focus from purely manufacturing consumer goods to creating identifiable brands and innovations.
corralling coffee production towards higher sustainability

Corralling coffee production towards higher sustainability

Coffee has become one of the most profitable crops for farmers, especially in the Central Highlands region, which receives support from global producers and distributors. However, the cooperation needs to improve consistency and keep sustainability as a key consideration, even for farmers aiming for short-term profits.
initiatives success helped by quick response to pandemic

Initiative’s success helped by quick response to pandemic

The Vietnam Value Programme aims at further cementing high-quality standards through choosing national brands to represent the country’s progress. VIR’s Hai Van spoke to Vu Ba Phu, director general of the Trade Promotion Agency under the Ministry of Industry and Trade, about how this year’s event contributes towards fostering local businesses’ prestige at home and abroad.
environmental changes driving era of responsibility

Environmental changes driving era of responsibility

While Vietnam has so far succeeded in battling the pandemic, realising sustainable development with everyone on board is a much more difficult task as the threat of environmental changes seems less tangible and requires the participation of all stakeholders in the country.
protecting business via property rights

Protecting business via property rights

With a rising number of applying companies eager to participate in the Vietnam Value Programme, intellectual property rights become an issue. VIR’s Hai Van spoke with Dr. Le Ngoc Lam, former deputy director general of the National Office of Intellectual Property under the Ministry of Science and Technology, about the hurdles that companies face in protecting their innovations.
brg group asserts its worth to nation

BRG Group asserts its worth to nation

Amid the ongoing Vietnam Value Programme, BRG Group and some of its brands have been honoured by the Ministry of Industry and Trade and the programme’s committee.