Chinese tyre makers urged to engage more Vietnamese firms in supply chain

In Việt Nam, Sailun Group has invested in building a factory to produce all tire lines of the group in the southern province of Tây Ninh, established a research and development (R&D) centre in HCM City, as well as a joint venture with Cooper Tires in 2019 with a total investment of about $1.5 billion.

Việt Nam maintains top position among Singapore’s rice supplier

Statistics from the Việt Nam Trade Office in Singapore showed that export turnover of glutinous rice to the city-state rose more than five fold to 8.9 million SGD, broken rice shot up 187.3 per cent to 1.5 million SGD, and milled or husked fragrant rice soared 161.35 per cent to 27.27 million SGD.

Market expected to accumulate and recover, pushing VN-Index towards 1,260 points

Following a dynamic trading week in early July, the Vietnamese market experienced three consecutive weeks of declines, hitting its lowest point at 1,218 points last week. Although the index saw a recovery afterwards, liquidity dropped significantly and the Vietnamese stock market has been described as "bleak" despite very positive macroeconomic data.

Majority of banks apply ESG practices in operations

Thị Thanh Tùng, Deputy Director of the SBV’s Department of Credit for Economic Sectors, said nearly 50 per cent of banks have established a risk management division for environment protection lending.

Trade measures needed to save domestic steel industry: experts

Appropriate and timely trade measures, following Việt Nam's and World Trade Organization's (WTO) regulations, will help the domestic steel industry minimise damage caused by unfair competition practices and protect local production, said industry leaders.

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