feed producers prepare for self sufficiency in production

Feed producers prepare for self-sufficiency in production

As domestic feed producers are pressured by continuously increasing prices for raw materials like corn and soy, local producers are urged to up their game, all while their biggest customers prepare for the busy festive season.
vietnam sets out to deal with carbon tax and market barriers

Vietnam sets out to deal with carbon tax and market barriers

Vietnam’s market for carbon credits is likely to heat up, bringing with it various challenges for both regulators and businesses.
aviation pressured to turn into regional freight centre

Aviation pressured to turn into regional freight centre

Vietnam has the potential to become a new logistics centre for the continent alongside Singapore, Bangkok, and Kuala Lumpur, if sectors such as aviation are utilised suitably.
industry in need of strategic links

Industry in need of strategic links

With not everyone in Vietnam’s industrial landscape yet recovering from 2021’s troubles, many groups have no choice but to move from low-cost production to manufacturing higher-value products with the help of digital technology and foreign businesses.
vietnam must confirm legit timber supply sources

Vietnam must confirm legit timber supply sources

Linking and creating material areas is meant to stabilise the timber supply chain, but it remains difficult to handle shortcomings related to forestry institutions. Dr. To Xuan Phuc, managing director of Forest Trends, talked with VIR’s Hai Van about the sector’s options to develop sustainably.
crucial certification needed to expand wood market

Crucial certification needed to expand wood market

The demand for FSC-certified wood is increasing, particularly from markets like the United States and Europe, forcing local wood processors to source more certified wood. However, this comes with a hefty price tag that increases the pressure on forest growers.
energy shortage risks met head on

Energy shortage risks met head-on

The government’s plan to reduce fossil fuel use and increase clean energy sources is facing major obstacles, such as dependence on coal, and without new investment the supply will decrease faster than demand, possibly leading to energy shortages.
situation still acute in efforts to manage petrol supply

Situation still acute in efforts to manage petrol supply

The National Assembly Economic Committee last week asked the government to come up with timely responses to the petroleum supply issue, as fluctuations in the domestic market during the last month showed that problems in reserves and supply have not been completely resolved.
europes winter at risk with wood pellet price hikes

Europe’s winter at risk with wood pellet price hikes

With the price of wood pellets increasing sharply, and standards requirements increasing, Vietnamese farmers may not be able to come to the aid of a cold Europe this winter as much as was hoped.
new airport developments set to take off soon

New airport developments set to take off soon

The Vietnamese government has rolled out a plan to develop several new airports, with billions of dollars expected to be poured into local facilities, contributing to the shaping of new economic zones across the country.
creating suitable models for exploitation of hydrogen

Creating suitable models for exploitation of hydrogen

Investors are ramping up the development of hydrogen to meet the rising energy demand in Vietnam.
exporters seeking to retain competitive edge

Exporters seeking to retain competitive edge

Adverse fluctuations in the exchange rate and high USD interest rates could be detrimental to Vietnam’s exports next year, urging businesses to proactively respond to exchange rate issues in addition to the State Bank of Vietnam’s intervention.
spillover fdi effects require levelling up

Spillover FDI effects require levelling up

The high share of foreign direct investment in Vietnam’s export turnover, as well as the minor participation of local suppliers, is a warning sign for many macroeconomic experts who advise reducing the dependence on foreign markets and strengthening domestic enterprises in favour of a more sustainable development strategy.
evfta advantages threatened by tough competition

EVFTA advantages threatened by tough competition

Although Vietnam is hoping for stunning growth in seafood exports, particularly in the likes of basa fish and shrimp, the nation’s share in the EU market and utilisation of its trade deal with the bloc remain under some pressures.
new feed in tariff advocated for biomass energy bonanza

New feed-in tariff advocated for biomass energy bonanza

Although the Vietnamese government hoped for deeper biomass energy investment through a previously-introduced feed-in tariff, some experts advise that a new one must be coupled with other legal incentives to ensure a more significant share in the country’s energy mix.