Vietnamese companies have also gradually joined the global value chain by improving their capabilities in chip design, production and related services. Notably, a semiconductor chip manufacturing plant project developed by the Viettel Military Industry and Telecoms Group (Viettel) has already...
According to Vinachem Chairman Phùng Quang Hiệp, the group and its member companies are focusing on maintaining a stable supply of raw materials for production.
The industry and trade ministry proposes using the Fuel Price Stabilisation Fund to curb sharp petrol and diesel price rises that could threaten inflation control and economic stability.
Although the mandatory roadmap for biofuel blending will take effect from June 1, Việt Nam should consider accelerating the use of biofuel-blended petrol in response to increasingly complex geopolitical developments affecting global energy supplies, Deputy Minister Nguyễn Sinh Nhật Tân...
Fuel firms are diversifying import sources, boosting domestic production and preparing contingency reserves to ensure stable supply amid global energy market volatility.
In the first two months of the year, rice exports reached 1.3 million tonnes valued at $599.3 million, up 5 per cent in volume but down 11.2 per cent in value compared with the same period last year.
With Resolution 36 issued on March 6, the Government aims to ensure stable petroleum supply, maintain flexible fuel price management and optimise the use of domestic gas resources to prevent fuel shortages.
Việt Nam exported an estimated 600,000 tonnes of rice worth US$370 million in January, up 12.4 per cent in volume and 16.9 per cent in value year-on-year.
Of the total export value in the January–February period, agricultural products accounted for US$6.09 billion, up 17.1 per cent year-on-year. Seafood exports reached $1.76 billion, marking a sharp increase of 23.3 per cent, while forestry products brought in $2.82 billion,...
Việt Nam’s wood industry is reducing its heavy reliance on the US market while also shifting towards market diversification and sustainable green standards.
The tea industry is under pressure to improve quality and market diversification for a strategic shift over the next five years from bulk exports to repositioning itself higher in the global value chain, experts have said.
Prime Minister Phạm Minh Chính has called for a decisive shift in mindset to accelerate Việt Nam’s railway development, urging ministries and localities to master technology and build a self-reliant industry as the Government pushes ahead with a series of...
The sector aims to maintain steady output growth while shifting its focus to higher value-added production, improved product and service quality, and stronger brand positioning for Vietnamese textiles and garments in global markets.
