Businesses in the sector are facing mounting challenges - from high capital and logistics costs to growing pressure to green their operations and navigate shifting trade policies.
At the event, the MoIT signed an MoU with the UK Foreign, Commonwealth and Development Office on clean energy cooperation, and another with the UK Department for Business and Trade on product safety.
Việt Nam’s aviation industry is recovering strongly from the COVID-19 pandemic’s disruptions with passenger volumes projected to reach a record of 84 million this year, according to the Civil Aviation Authority of Việt Nam (CAAV).
Following its recent administrative merger, HCM City''s Tân Phước Ward is emerging as a strategic location with all the conditions to become a leading logistics hub for the city and the southern key economic region.
Petrovietnam is implementing a plan to divest all capital contributions at Green Indochina Development Joint Stock Company (GID) and Petrovietnam Trade and Services Joint Stock Company (PVTS).
Việt Nam has a limited number of credentialed actuaries, far fewer than what’s needed to sustain the next decade of expansion for the country’s insurance sector, experts said.
While enterprises must be proactive in improving their capacity and finding orders, the Government’s support is essential, especially in terms of land, credit and tax.
The Vietnamese wood industry is facing significant obstacles in terms of expenses, earnings, and the capacity to sustain exports to important markets as a result of new US import levies of up to 50 per cent.
The draft decree aims to establish a legal framework that gradually forms core enterprises to lay the foundation for the domestic railway industry’s development, creating a production supply chain for railway industrial products and goods.
According to the General Statistics Office, the total car supply, including both locally produced and imported, totalled roughly 500,000 as of September.
