Production amplification an answer for export goals

Production amplification an answer for export goals

Despite a rise in export revenues for Q1, persistent risks in the global market including trade barriers are challenging Vietnam in hitting its export target this year.
Production woes not yet out of the woods

Production woes not yet out of the woods

Though the economy’s industrial production for January appears to be impressive in statistics, it remains in substantial difficulties.
Rising production confidence bodes well for next year

Rising production confidence bodes well for next year

Vietnam is experiencing a gradual recovery in industrial production and corporate confidence that should continue into 2024.
Vingroup’s revenues see a soar in the second quarter of 2023

Vingroup’s revenues see a soar in the second quarter of 2023

Vingroup reported a revenue increase in the first half of 2023 thanks to the contribution from the sale of electric vehicle products.
Production and export boost acknowledged to fortify targets

Production and export boost acknowledged to fortify targets

With a decline in trade for Q1, looming risks both in the global markets are posing challenges for the country to reach its export target this year.
Scenarios set for government’s growth ambitions

Scenarios set for government’s growth ambitions

Increases in domestic consumption, production, and foreign direct investment are set to enable the economy to achieve its growth target this year.
Agriculture remains backbone of Vietnamese economy

Agriculture remains backbone of Vietnamese economy

Although Vietnam strives to be a country with a modern industrial base and upper-middle income status by 2030, agriculture has always remained the backbone of the national economy.
Enterprises exporting to Europe face pressure to go green

Enterprises exporting to Europe face pressure to go green

The European Union's (EU) policy of imposing environmental protection taxes is putting Vietnamese exporters under pressure to convert to green production.
Exporters urged to proactively deal with drop in orders

Exporters urged to proactively deal with drop in orders

A new HSBC report has underlined the choppy waters ahead for Vietnamese exports, encouraging industries in the country to plan ahead.
Strong results supporting production

Strong results supporting production

Despite continuing supply chain complexities, domestic industrial production is looking promising for a brighter economic growth landscape.
Infection rates pressuring production

Infection rates pressuring production

Leaders of some businesses are scratching their heads over trying to keep production steady and supply chains strong as record numbers of COVID-19 infections across numerous cities and provinces are affecting progress.
14 business associations seek loosened regulations on COVID-19 battle

14 business associations seek loosened regulations on COVID-19 battle

14 business associations sent a document to the PM, seeking for loosened COVID-19 regulations to facilitate the recovery of business and production activities.
Plans afoot to push production ahead

Plans afoot to push production ahead

Domestic production has been hit hard this year, with numerous enterprises facing greater woes and leaving the market. However, the situation could be eased by a new special taskforce established by the prime minister.
Production shoring up state coffers

Production shoring up state coffers

Although the state budget revenue was dented in May due to the resurgence of COVID-19 affecting businesses’ performances, the first five months of the year have seen a big surplus in the state coffers, showing a gradual recovery of domestic production and business activities.
Ho Chi Minh City industrial production to maintain recovery momentum

Ho Chi Minh City industrial production to maintain recovery momentum

Efforts to fight against the COVID-19 pandemic and maintain production is expected to keep industrial production in Ho Chi Minh City on the rise.
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