The COVID-19 health crisis and resulting wide-ranging and deeply-felt economic upheaval has flipped the logistics industry on its head, leaving ill-protected freight firms in dire need of emergency State support to survive hardships.
From one of the poorest localities in Vietnam, the south central coastal province of Ninh Thuan has risen to the top five localities nationwide in terms of economic growth in the 2015-2020 period. Its aspiration and determination to turn difficulties into advantages has helped the province attain significant achievements in socioeconomic development. Vietnam Economic News’ Hong Ha spoke with Tran Quoc Nam, Deputy Secretary of the provincial Communist Party Committee and Chair of the provincial People’s Committee, about Ninh Thuan’s economic development directions for the 2021-2025 period.
High electricity prices, underdeveloped transport infrastructure and lofty logistics costs, inadequate irrigation systems, limited access to finance and high interest rates, value-added tax (VAT) and lax controls on aquaculture imports are just some of the lingering concerns plaguing the Kingdom’s agriculture industry.
Czech NGO People in Need, with support from the EU and the Czech Development Agency (CzDA), launched the Switch to Solar project, aiming to support sustainable and inclusive economic growth in the Kingdom’s rural areas, CzDA said in a press release.
Cambodia will soon join the roster of gold producing countries after the government announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province's Keo Seima district from June 21.
The funding provided for Hai Phong industry promotion projects, while limited in scope, has motivated rural industrial enterprises to invest in innovation to improve the quality of their products.
Implementing effective COVID-19 prevention measures at industrial parks and export processing zones should be a top priority for the country from now until year-end to ensure stable industrial production growth, according to the Ministry of Industry and Trade (MoIT).
Twenty-one Vietnamese enterprises in supporting industries and 48 Japanese businesses took part in an online conference on Thursday to exchange information and seek partners.
China is set to become a major export market for Vietnam’s textile and garment industry, making up for the lull in traditional markets like Japan and the EU.
Forming more disease-free farming zones is seen as critical to exporting livestock products as few such zones in Viet Nam meet the World Organisation for Animal Health (OIE) standards.