Drop in US exports seen as a wake-up call

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VietStock FI English 2 week(s) ago

The industry body for the nation’s garment and footwear manufacturers said new trade data showing a decline in Cambodian exports to the US during the first half of the year was a sign that the Kingdom was losing its competitive advantage, threatening the future of its $6 billion garment industry.

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Low-cost mobile phones disappearing from Vietnamese market

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Báo Đầu Tư English 2 week(s) ago

Low-cost mobile phones disappearing from Vietnamese market

Low-cost mobile phones, priced below VND2 million, are no longer selling well in Vietnam.

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Agency seeks approval to import gold for jewelry, art

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Báo Đầu Tư English 1 month(s) ago

Agency seeks approval to import gold for jewelry, art

Viet Nam Gold Trading Association (VGTA) asked the State Bank of Viet Nam to allow local producers of gold jewelry and fine art to import gold materials.

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Small car makers to expand production in Vietnam on tax cuts

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Báo Thanh Niên English 2 month(s) ago

Small car makers to expand production in Vietnam on tax cuts

The planned cuts in luxury tax on cars with small engines are expected to spur demand, encouraging auto manufacturers to expand production.

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Vietnam imports 100,000 tons of sugar to stabilize market

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SaiGon GP English 2 month(s) ago

The government asked the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development to import a quantity of sugar to meet the demand and now it should buy 100,000 tons of sugar.

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Shoe makers step up presence

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Báo Đầu Tư English 3 month(s) ago

Shoe makers step up presence

In anticipation of the Trans-Pacific Partnership tariff slashes, and due to the rising costs of production in China, Vietnam has become a hotspot for investment by foreign footwear manufacturers.

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Japan manufacturers eye VN as export base

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Báo điện tử CP English 3 month(s) ago

Japan manufacturers eye VN as export base

VGP – Japanese manufacturers are looking even more favorably on the ASEAN region and especially Viet Nam as a base of operations, according to the Asian Nikkei Review.

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Garment sector grows another 13 pct: report

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VietStock FI English 4 month(s) ago

Garment sector grows another 13 pct: report

Cambodia's garment and footwear exports grew by 13 per cent year-on-year in the first quarter of 2016, Chinese news agency Xinhua said on Monday, citing a report by the Ministry of Industry and Handicraft.

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Vietnamese toy manufacturers have low market share

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Báo Dân Trí English 4 month(s) ago

Vietnamese toy manufacturers have low market share

Vietnamese manufacturers make toys for outsourced contracts and satisfy the strict requirements set by foreign partners, but cannot cement their positions in the home market.

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Vietnam auto sales rebound after consecutive drops

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Báo Thanh Niên English 4 month(s) ago

Vietnam auto sales rebound after consecutive drops

An undated photo of an automobile show in Vietnam. Photo: Phong Tran

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Some sugar plants close down due to lack of materials

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SaiGon GP English 5 month(s) ago

Some sugar plants close down due to lack of materials

The Ministry of Agriculture and Rural Development yesterday said that 39 out of 41 sugar manufacturers have produced 802,580 tons of sugar.

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How the Trans-Pacific Partnership benefits Vietnam’s economy

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Báo Thanh Niên English 5 month(s) ago

How the Trans-Pacific Partnership benefits Vietnam’s economy

Vietnam’s membership in the Trans-Pacific Partnership (TPP) will yield economic benefits, especially to the country’s manufacturing sector. Vietnam’s textiles and apparel industry will enjoy expanded access to the US and Japan markets through reduced tariff duties as a result of TPP once it has been enacted, accelerating foreign direct investment into the country.

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Motorcycle growth modest in 2016

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SaiGon GP English 5 month(s) ago

Motorcycle growth modest in 2016

The motorcycle market will continue to grow this year albeit at a marginal rate, according to manufacturers.

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Businesses, banks want to have debt trading floor

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VietnamNet English 6 month(s) ago

Businesses, banks want to have debt trading floor

VietNamNet Bridge - There is no debt trading market in Vietnam which is professional and large enough for businesses to trade debts. Debts have been either lying still, thus causing big losses to involved parties, or have been transferred around.

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VND40 trillion sweets market may fall into foreigners’ hands

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VietnamNet English 6 month(s) ago

VND40 trillion sweets market may fall into foreigners’ hands

VietNamNet Bridge - The market share of Vietnamese sweets manufacturers is getting smaller.

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