Demand for cotton forces adjustments

Demand for cotton forces adjustments

Yarn producers are worried about lingering challenges due to the limited supply and new risks in the cotton market.
US ratchets up origin-tracing on cotton materials

US ratchets up origin-tracing on cotton materials

Amidst the changing geo-political landscape, the traceability of cotton materials has become a top concern for textile exporters.
Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

The Vietnam Textile and Apparel Association has held a meeting with the US partners to discuss the enforcement of the Uyghur Forced Labor Prevention Act. Association chairman Vu Duc Giang shared with VIR’s Ky Anh the impact of the act on Vietnam’s garment exports to the United States.
Rough waters remain in fuel price pressure

Rough waters remain in fuel price pressure

Although the government is trying to reduce fuel prices, Vietnam’s producer and import prices are expected to continue rising, affecting domestic production and pressurising the government’s efforts to rein in inflation.
Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister asks Samsung Electronics to expand operations in Vietnam

Prime Minister Pham Minh Chinh has asked Samsung Electronics of the Republic of Korea to expand its operations in Vietnam during a reception for the group’s CEO Roh Tae-Moon in Hanoi on August 5.
Automobile sales down 42 per cent on chip shortage

Automobile sales down 42 per cent on chip shortage

The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

Vietnam continues to be a safe destination for foreign investors as a result of its adaptable economic policies and successful vaccination campaign.
Retailers jostle for superiority

Retailers jostle for superiority

The boom of e-commerce in the rental market space in commercial centres has forced developers to assert their distinct identities.
Chairman of 36 Corporation honoured at Asia-Pacific Entrepreneur Award 2021

Chairman of 36 Corporation honoured at Asia-Pacific Entrepreneur Award 2021

Colonel and Hero of Labour Nguyen Dang Giap, chairman of the board of directors of the 36 Corporation, was honoured.
PVCFC named in 50 Best Listed Companies for second time

PVCFC named in 50 Best Listed Companies for second time

PetroVietnam Ca Mau Fertiliser JSC on August 4 was lauded for the second time among the 50 Best Listed Companies in 2022 by Forbes Vietnam.
HSBC H1 pre-tax profit falls, dismisses calls for split

HSBC H1 pre-tax profit falls, dismisses calls for split

HSBC bank on Monday said pre-tax profit fell in the first half, and appeared to rebuff calls to spin off its Asian activities on the eve of a key shareholder meeting.
Toyota upgrades forecast even as Q1 net profit slumps

Toyota upgrades forecast even as Q1 net profit slumps

Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
Int’l organisations upbeat on Vietnam’s development prospects: PM

Int’l organisations upbeat on Vietnam’s development prospects: PM

Many prestigious international organisations and experts have highly valued Vietnam’s development achievements and prospects, Prime Minister Pham Minh Chinh told a government meeting in Hanoi on August 3.
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