Vietnam’s development plan for the leather and footwear industry by 2025 with a vision towards 2035 needs to change, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s footwear industry targets export turnover of $35-38 billion by 2025 and $50-$60 billion by 2035, according to a draft plan from the MoIT on developing the industry.
Vietnam will considerably export more wooden products to Europe and other markets once the EU-Vietnam Voluntary Partnership Agreement on VPA-FLEGT comes into force.
In May 2017, Vietnam and the US signed business deals worth US$8 billion. The majority of the deals were for aircraft engines and development of power generation capabilities...
More than nine in ten people in Vietnam (92 per cent) shop online, putting the country fourth in the Asia-Pacific region following South Korea (96.7 per cent), India (95.8 per cent)
Vietnam's export revenue to Brazil was estimated at over US$1.06 billion in the first sixth months of 2017, an increase of 46% compared with the same period in 2016.
The 6.7% growth target set for 2017 is currently considered as a tough goal to achieve as GDP in the first quarter grew by only 5.1% in comparison to a year ago, much lower ...
Through foreign distribution networks and global e-commerce websites, Vietnamese products have entered choosy markets without the need to use many intermediaries
Online retail is expected to continue increasing, as domestic and foreign retail companies are planning to invest heavily in this field.
The first Southeast Asian leader to meet President Donald Trump underscores how quickly Vietnam has grown to become one of the most exciting economies in the world.
| The site is done with the technical support of the project BWTO |
