Better coordination for optimal results from EVFTA

Better coordination for optimal results from EVFTA

Over one year after the trade agreement between the European Union and Vietnam came into force, the deal’s positive impacts are clearly visible. However, faced with today’s hurdles, both sides are required to work out further solutions on how to profit the most from the historic agreement.
Sticking points impeding rice trade

Sticking points impeding rice trade

Although the Vietnamese rice industry has set itself an ambitious export target for 2021, domestic rice farmers and suppliers remain cautious amid the ongoing health crisis and complications in international trade.
Much to ponder for Vietnam’s energy efficiency ambitions

Much to ponder for Vietnam’s energy efficiency ambitions

Vietnam has made great strides in its energy development and aims to save up to 10 per cent of its current energy usage by 2030. However, the implementation of the national plan requires stringent measures and support from international partners.
Raw material import necessity squeezes feed groups

Raw material import necessity squeezes feed groups

While Vietnam is traditionally a strong producer and exporter of rice and other produce, animal feed producers largely depend on overseas imports of raw materials, leaving them vulnerable to price fluctuations and global incidents like climate change and the ongoing pandemic.
Short-term fix may harm steel producers

Short-term fix may harm steel producers

Despite falling in the previous two months, steel prices remain high and are poised to peak towards the end of the year – but the Ministry of Finance’s suggested tax adjustments are being met with some resistance.
Financial powers scratch heads over coal shift

Financial powers scratch heads over coal shift

International institutions are making plans to buy off some of Vietnam’s coal-fired power plants to shut them down as quickly as possible – but while this could reduce greenhouse gas emissions dramatically, national energy security needs to be kept in balance.
Crisis adds to modernisation of Vietnam’s labour structure

Crisis adds to modernisation of Vietnam’s labour structure

Fruit and rice are among the most important crops and export goods of Vietnam, but this year’s harvest could be rendered meagre amid a severe shortage of labour that is based on the rapid urbanisation and labour migration and now exacerbated by the pandemic.
Wood industry at crossroads to engineer survival strategy

Wood industry at crossroads to engineer survival strategy

The ongoing coronavirus outbreaks are now threatening to bring the timber industry to its knees, with businesses and associations hoping for preferential vaccine treatment and financial support for test kits and other pandemic-related expenses.
Going on the attack for a self-reliant economy

Going on the attack for a self-reliant economy

As with most economies in the region, Vietnam has been facing unprecedented struggles this year. However, with regional recovery, the nation may still see a growth rate close to its expectations.
Vietnam Value Programme aims high in national brand exposure stakes

Vietnam Value Programme aims high in national brand exposure stakes

As Vietnam’s economy is further strengthened by creative and innovative manufacturers who are aiming to increase their brand value at home and abroad, the Vietnam Value Programme is deemed to further leverage national brand position among the highest rated brands in the world.
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