Giải báo chí 70 năm ngành Công Thương

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) will provide major opportunities for Vietnamese businesses to increase rice exports if they meet European Union standards.

(VEN) - The industrial sector of Binh Duong Province has significantly progressed in recent years, but in order to ensure its sustainability, authorities are formulating policies to attract investment in support industry production.

(VEN) - Director of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) Hoang Tien Dung told Vietnam Economic News’ Lan Anh & Ba Cuong that the willingness of domestic and foreign private investors to develop power projects without government guarantees is a plus in attracting power industry investment.

(VEN) - Vietnam’s economy has shown signs of recovery, but the Covid-19 outbreak in the central coastal city of Da Nang will pose difficulties for trade and production activities, requiring long-term government strategies and specific response. To Hoai Nam, permanent deputy chairman and secretary-general of the Vietnam Association of Small and Medium Enterprises, talked about the issue in an interview with Vietnam Economic News’ Hoa Quynh and Thu Phuong.

(VEN) - The 20^th anniversary of Vietnam’s stock market marked in July highlighted its contribution to the process of Vietnam’s economic restructuring as a dynamic and efficient capital mobilization tool.

(VEN) - The consumer price index (CPI) in the first half of 2020 increased 4.19 percent over the same period last year, the highest first-half growth over the past five years, exceeding the annual four-percent target set by the National Assembly. 

(VEN) - Although affected by the Covid-19 pandemic, the One Commune One Product (OCOP) program in Hanoi has achieved encouraging results.

HCM City’s index of industrial production for the first seven months of the year declined by 5.5 per cent year-on-year due to the impact of the COVID-19 pandemic, according to its Department of Industry and Trade.

Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.

(VEN) - Taking effect on August 1, 2020, the EU-Vietnam Free Trade Agreement (EVFTA) is expected to offer new opportunities for Vietnamese exporters. Compliance will be the biggest challenge for them in accessing the EU market.

(VEN) - Prime Minister Nguyen Xuan Phuc recently in-principle approved to add the LNG gas-fired power project near Ke Ga Cape in the southern province of Binh Thuan to the National Power Development Master Plan for the 2021-2030 period, with a vision towards 2045 (Power Development Master Plan 8). This project, together with the Thang Long Offshore Wind Power Project, will contribute to turning Binh Thuan into a national energy hub.

(VEN) - Banpu Public Company Limited, a leading integrated energy solutions company in the Asia-Pacific, is acquiring an operating wind farm, the Mui Dinh Wind Farm.
 

(VEN) - Over the past two years, trade barriers have obstructed Vietnamese steel exports to the EU, which have also faced fierce competition. The EU-Vietnam Free Trade Agreement (EVFTA) is expected to help create a breakthrough in steel exports to that market as soon as it takes effect on August 1.

(VEN) - Consumers in the European Union are shifting their preferences for textile and garment products, with fast and cheap fashion gradually being replaced by environmentally friendly goods. This trend is expected to force domestic textile and apparel manufacturers to change their production methods accordingly.

Việt Nam will continue to fulfill its international commitments so that it can take full advantage of the EU-Việt Nam Free Trade Agreement (EVFTA) and recover its economy amid a resurgence of COVID-19 pandemic.

Hà Nội should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Việt Nam amid the global production shift, experts have said.

(VEN) - The seafood industry has set a US$2 billion target for seafood exports to the EU in 2021 based on the terms of the EU-Vietnam Free Trade Agreement (EVFTA), which will take effect on August 1. Enterprises are preparing in terms of farming areas, food safety certification and logistics infrastructure to take opportunities provided by the recently ratified pact. 

(VEN) - On July 10, the PetroVietnam Song Hau 1 Power Project Management Board, together with contractors VINAINCON, LILAMA and member units of Vietnam Electricity (EVN), successfully powered up key components of the long-delayed Mekong Delta power plant toward its 2021 completion.

(VEN) - International financial institutions have launched financial support packages to help businesses, especially small- and medium-sized enterprises overcome difficulties in the post-pandemic period.

(VEN) - Vietnamese lychees have been imported into Singapore for the first time on a large scale and are now available in the NTUC FairPrice supermarket chain. Vietnam Economic News’ Thu Phuong spoke with Vietnamese Commercial Counselor in Singapore, Dr. Tran Thu Quynh, about this breakthrough.

(VEN) - Pursuing comprehensive reform, the biggest, state-owned power corporation/group in Vietnam - Vietnam Electricity (EVN) - has implemented a digital transformation of its customer services, which are all performed online now as level-4 public services. 

(VEN) - The Covid-19 pandemic has hit Vietnam’s labor market hard despite government efforts to help workers and businesses overcome the consequences of the disease and the country’s overall success in curbing infections.

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) will help deepen the Vietnamese cashew sector’s involvement in global supply chains and increase its exports to the EU market. Vietnam Economic News’ Ha Duyen spoke about the export prospects with Dang Hoang Giang, Vice Chairman and Secretary General of the Vietnam Cashew Association (VINACAS). 

(VEN) - The industry and trade sector of Ba Ria-Vung Tau Province has undertaken to create a favorable business environment for businesses in keeping with government resolutions.

(VEN) - Facing increasingly stringent product quality requirements, Vietnamese Tra fish exporters must comply with new standards for farming areas, breeding and rearing processes, catching and processing in order to ensure favorable export prospects to the US.

(VEN) - Dak Lak  Province has greatly modernized its rural production with the support in both human and material resources of national and local industry promotion budgets.

(VEN) - Its success in controlling the spread of the Covid-19 pandemic is making Vietnam an attractive investment destination.

(VEN) - Vietnam needs a different approach to boost its integration into the global value chain and take advantage of the early containment of the Covid-19 pandemic in order to draw foreign investors, and specifically those eyeing to shift their investments out of China, experts say.

Vietnamese firms have been increasing their overseas investments in recent years in an effort to expand their global reach.

(VEN) - Vietnam’s gross domestic product (GDP) expanded 1.81 percent in the first half of 2020 compared to a year ago, and is projected to grow better in the second half.