Samsung Vietnam plans to expand its investment in Vietnam by setting up a research and development (R&D) centre, strengthening cooperation with domestic enterprises, and taking part in public infrastructure projects, its General Director Choi Joo Ho has said.
Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector.
The US was the largest market of Vietnamese agro-forestry-fishery products in the first two months of the year, with US2.04 billion, up 57.3% year on year and accounting for 33.05% of the total market share.
The Regional Comprehensive Economic Partnership (RCEP) agreement has enabled Vietnam to be connected better with global supply chains compared with other new-generation free trade agreements (FTAs), an official has said.
Mobile devices and components continued to lead local exports over the first two months of 2021.
The textile and apparel industry, which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Viet Nam National Textile and Garment Group.
Although foreign medicines are likely to dominate in the near future, domestic companies have begun investing in research & development (R&D) activities to build up infrastructures that meet international standards.
Local agricultural production areas are urged to promote the building of new-style cooperatives to be better positioned in the market.
Eighteen more local specialties have been recognised as three- and four-star “One Commune, One Product” (OCOP) products in the Mekong Delta province of Kien Giang.
The resurgence of COVID-19 has hit demand for consumer goods and services in HCM City, with revenues in February falling by 6.4 per cent, according to Government data.