The Vietnamese manufacturing sector remained in growth territory at the start of the third quarter of the year, but there were some signs of demand softening. As such, output, new orders and employment all increased at weaker rates than in June, according to S&P Global.
The winds of change are blowing through Việt Nam’s pharmaceutical retail industry with giants wrapping up investments to establish modern retail chains in a fast-growing market
While many products exported to the UK enjoyed strong increases owing to the UK-Việt Nam Free Trade Agreement (UKVFTA), Việt Nam’s timber industry is facing difficulty in expanding in this market that requires manufacturers and exporters to change their business strategies here.
Although fuel prices have dropped by around 20 per cent since June, many transport firms are still sitting tight, unwilling to cut fares amid falling costs.
Weak demand for domestic sugar and the penetration of smuggled sugar have been dragging down sugar prices in Việt Nam, driving many producers into unprofitability.
Despite challenges due to the COVID-19 pandemic, it provided a good chance for businesses that managed to exist and make breakthrough growth, according to a report by Vietnam Report JSC.
Twenty businesses belonging to the Association of North-South Expressway Contractors have submitted a proposal to authorised agencies to solve difficulties and support contractors and investors in implementing the North-South Expressway in 2017-20 period.
Rising inflation will have a negative impact on consumer spending, earning growth of retail businesses may not be as high as previously expected, SSI Securities Inc has forecast.
Việt Nam needs to invest approximately US$368 billion from now until 2040 to build a climate resilient and low-carbon economy, according to the Vietnam Country Climate and Development Report (CCDR) released by the World Bank on Wednesday.
The Việt Nam Association of Seafood Exporters and Producers (Vasep) was optimistic about the tra fish export this year with the strong recovery of demand of import markets.