footwear sector awaits rebound with us giant

Footwear sector awaits rebound with US giant

Foreign capital flow in the footwear industry is expected to rebound this year after a slowdown in 2017, with the anticipated arrival of a major US player.
vung ro petroleum shakes hands with denimotech

Vung Ro Petroleum shakes hands with DenimoTech

Vung Ro Petroleum Co., Ltd. (VRP), the operator of Vietnam's third oil refinery located in the central province of Phu Yen and backed by the UK-based Technostar Management Limited, today signed a co-operative agreement with DenimoTech, a Denmark-headquartered firm, aiming to provide turnkey solutions for the petroleum by-product sector and aid the implementation of VRP’s new manufacturing plant in Vietnam.
a bar trail serving haiku on the rocks

A bar trail serving haiku on the rocks

Welcome to the world of the haiku bar trail. Matsuyama, Japan, is celebrating its 19th-century haiku poet, Masaoka Shiki, who coined the term haiku, with related events.
haiphong calls fdi for four key transportation projects

Haiphong calls FDI for four key transportation projects

Haiphong is calling for foreign direct investment worth $500 million for four major transportation projects in the northern port city, according to the Haiphong Investment, Trade and Tourism Promotion Centre.
aeon mall haiphong project to be kicked off in second quarter of 2018

AEON MALL Haiphong project to be kicked off in second quarter of 2018

Japanese shopping mall developer AEON MALL, the investor of AEON MALL Haiphong in collaboration with the Haiphong People’s Committee, has accelerated completing the procedures in early 2018 so that the construction can be started in the second quarter.
textile garment and footwear sectors to surpass full year export target

Textile, garment, and footwear sectors to surpass full-year export target

Vietnam’s two core export sectors—textile garment and footwear—expect to count $49 billion in combined export value for 2017, with $31 billion coming from the textile and garment sector and $18 billion from the footwear industry.
fibre segment to beat 3 billion export target

Fibre segment to beat $3-billion export target

Bypassing the concerns that the application of anti-dumping tariffs in some export markets might cast a negative impact on export performance, the fibre sector is solid on its way to beat the 2017 export value of $3.1 billion.
amazon web services to debut in vietnam

Amazon Web Services to debut in Vietnam

Amazon Web Services (AWS), a subsidiary of Amazon.com, is proceeding its ambitious business plan in Vietnam following Alibaba’s footsteps in the field of cloud computing services.
vietnam coal imports through the roof in first three quarters

Vietnam coal imports through the roof in first three quarters

In the first nine months of this year, Vietnam imported 10.4 million tonnes of coal with a total import turnover of $1.03 billion, showing strong dependence on imported coal.
exports to apec a golden opportunity

Exports to APEC: “A golden opportunity”

The exports of many of Vietnam’s key commodities, such as telephones and components, textiles, footwear, and agricultural and fishery products, have been greatly boosted thanks to the country’s efficient exploitation of major markets in APEC economies.
idemitsu q8 officially joins vietnamese petroleum retail sector

Idemitsu Q8 officially joins Vietnamese petroleum retail sector

Foreign investors’ joining the retail distribution of petroleum is expected to break domestic distributors’ dominance, heating up the competition in this sector. 
garment and textile enterprises qualms over new wage and social insurance policies

Garment and textile enterprises’ qualms over new wage and social insurance policies

The minimum wage increase, coupled with the increase for social insurance and union fees, is putting financial burdens on enterprises operating in labour-intensive sectors, such as the garment and textile sector.
danish garment manufacturer opens factory in nam dinh

Danish garment manufacturer opens factory in Nam Dinh

Danish garment manufacturer Spectre opened its second textile factory worth over $5 million in the northern province of Nam Dinh to take advantage of the country’s fast-developing garment industry.
vegetable and fruit exports set to beat annual export target by end of september

Vegetable and fruit exports set to beat annual export target by end of September

Vietnam’s vegetable and fruit export is anticipated to far surpass the $3-billion target for this year, with thanh long (dragon fruit) and banana among the key drivers.
hai phong calls for more investment from asean countries

Hai Phong calls for more investment from ASEAN countries

Over the last five years, Hai Phong has developed a strategy to attract investment from corporations across ASEAN and build sustainable cooperative ties with them. Le Tri Vu, director of the Hai Phong Investment, Trade, Tourism and Tourism Promotion Centre speaks to the Vietnam News Agency about the issues.