News

Footwear sector’s support industry should focus on developing new materials

To develop the support industry for the leather and footwear sector, the State should have policies to encourage the development of new materials, according to the Việt Nam Leather and Footwear Association (Lefaso).

Trade defence instruments important to Việt Nam’s open economy

Strengthening the application of trade defence instruments would be necessary for Việt Nam, which was among countries with the highest economic openness level, according to the Ministry of Industry and Trade.

Local support industry is hard to attract foreign investment moving from China

Việt Nam's support industry is struggling to attract foreign investment as big companies look for alternative options to China during the COVID-19 pandemic.

Positive market signs emerge for Vietnam’s grand reopening

Instead of adopting the age-old “sell in May and go away” strategy, and focusing on months with traditionally stronger market growth, investors now could be more bullish about a stock rally, buoyed by optimism about a gradual reopening of businesses.

Lawmakers to examine EVFTA ratification on May 20

Vietnamese lawmakers are scheduled to consider the ratification of the European Union – Vietnam free trade agreement (EVFTA) on May 20, the first day of the upcoming session of the current National Assembly.

Automobile imports increases sharply, policy on localization loses advantages

The policy to improve the localization rate of domestically manufactured cars has had a positive impact on domestic manufacturing and assembly activities, however it no longer maintains advantages due to the sharp increase in the volume of imported CBU cars from the beginning of 2019.