Vietnam’s textile supply chain in urgent need of restructuring

Vietnam’s textile supply chain in urgent need of restructuring

(VEN)-   The Covid-19 pandemic has seriously affected the garment and textile industry because of its heavy dependence on imported raw and auxiliary materials, requiring speedy restructuring of the textile supply chain.
Electricity consumption sets new record due to prolonged heat

Electricity consumption sets new record due to prolonged heat

Scorching heat over the past few days has pushed Vietnam’s electricity consumption to its highest ever level with total loads at 38,300 MW on June 23, according to Vietnam Electricity (EVN).
PM orders recent hikes in household electricity bill under scrutiny

PM orders recent hikes in household electricity bill under scrutiny

Prime Minister Nguyen Xuan Phuc has asked the Electricity of Vietnam to review recent hikes in household electricity bill, stressing that mistakes that affect people’s rights must be avoided and violations, if any, must be strictly handled.
Database of Vietnamese manufacturing and supporting industries launched

Database of Vietnamese manufacturing and supporting industries launched

A launching ceremony for a database of Vietnamese manufacturing and supporting industries was held in Hanoi on June 19.
Leather, footwear sector takes steps to improve production

Leather, footwear sector takes steps to improve production

(VEN)- The Ministry of Industry and Trade (MoIT) and the Vietnam Leather, Footwear and Handbag Association (Lefaso) are discussing how to encourage enterprises to take a proactive approach in the production chain. Vietnam Economic News’ Viet Nga interviewed Phan Thi Thanh Xuan, Secretary General of Lefaso, about this issue.
Textile, garment exports shrink from XL size

Textile, garment exports shrink from XL size

(VEN)-  Vietnam’s textile and garment industry is facing negative export growth for the first time in many years and is unlikely to achieve its US$42-billion export target in 2020.
Key rural  industries in  Tra Vinh Province  benefit from promotion fund

Key rural industries in Tra Vinh Province benefit from promotion fund

(VEN)- Tra Vinh’s rural industry has changed markedly over the past six years due to significant improvement of production capacity and product quality facilitated by the province’s industry promotion program.
Binh Dinh Province  plans to boost industry promotion funding

Binh Dinh Province plans to boost industry promotion funding

(VEN)- Based on seed capital of more than VND27.85 billion invested seven years ago, Binh Dinh Province has mobilized nearly VND106.11 billion of reciprocal capital for industry promotion from program beneficiaries. 
EVN Hanoi eases heat for capital residents, business

EVN Hanoi eases heat for capital residents, business

(VEN) - Power demand in the capital Hanoi is surging with temperatures of up to 40 degrees Celsius exacerbated by the greenhouse effect and concrete high rises. EVN Hanoi has provided adequate electricity supply to ensure production and business activity and to ease residents’ discomfort.
EVN discounts power bills to offset Covid-19 damage

EVN discounts power bills to offset Covid-19 damage

(VEN) - Nearly 30 million Vietnamese people affected by the Covid-19 epidemic have received a 10 percent discount on their utility bills.
Textiles, leather, footwear, produce first to benefit from EU trade deal

Textiles, leather, footwear, produce first to benefit from EU trade deal

(VEN) - Luong Hoang Thai, Director of the Ministry of Industry and Trade’s Multilateral Trade Policy Department, talked with the media about the EU-Vietnam Free Trade Agreement (EVFTA) and its role in the post pandemic economic recovery.
Expansion of Hoa Binh Hydropower plant to commence in October

Expansion of Hoa Binh Hydropower plant to commence in October

The Hoa Binh hydropower plant expansion project, the largest power project in 2020, is scheduled to kick start in October this year.
EVN gears up to meet growing power supply for the dry season

EVN gears up to meet growing power supply for the dry season

(VEN) - In order to meet the electricity demand in the dry season in the second quarter of 2020, the Vietnam Electricity Group (EVN) has directed its member units to enhance the management, operation and rational mobilization of power sources.
Pandemic boosts health of Vietnam’s supporting industry

Pandemic boosts health of Vietnam’s supporting industry

(VEN) - The Covid-19 pandemic has disrupted global supply chains, leaving many large foreign corporations in Vietnam short of spare parts and accessories for production. In this context, a number of Vietnamese supporting industry enterprises have seized the opportunity to fill the void and become important links in these supply chains.
EVN offers discounts on power use

EVN offers discounts on power use

(VEN) - Millions of power consumers in Vietnam will enjoy discounts of 10 percent on their bills as part of an outreach program by Electricity of Vietnam (EVN) to help those affected by the Covid-19 pandemic.
New plan promotes rural industry

New plan promotes rural industry

(VEN)-  The Ministry of Industry and Trade (MoIT) has issued a first-of-its-kind plan to develop rural industrial products by providing comprehensive support from production to consumption. Vietnam Economic News’ Viet Nga interviewed Hoang Chinh Nghia, Deputy Director of the Agency for Regional Industry and Trade, about this policy.
EVN calls for investment in solar power plants on reservoirs

EVN calls for investment in solar power plants on reservoirs

Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market.
Công nghiệp ôtô: Cần chính sách thuế phù hợp

Công nghiệp ôtô: Cần chính sách thuế phù hợp

Theo đánh giá của Bộ Công Thương, ngành sản xuất, lắp ráp ôtô trong nước vẫn chưa đạt được tiêu chí của ngành sản xuất ôtô thực sự; giá bán xe vẫn ở mức cao so với các nước trong khu vực. Để khắc phục bất lợi về giá thành giữa ôtô sản xuất trong nước và nhập khẩu (NK), cần có chính sách thuế hợp lý.
Proposals submitted for support industry development to minimize reliance on imports

Proposals submitted for support industry development to minimize reliance on imports

(VEN)- The Ministry of Industry and Trade has sent to the government state enterprises’ and business associations’ suggestions for support industry development to minimize dependence on part and component imports and boost domestic production.
Ngành Công nghiệp cơ khí: Nan giải bài toán tồn tại - phát triển

Ngành Công nghiệp cơ khí: Nan giải bài toán tồn tại - phát triển

Từng được coi là “máy cái” của sản xuất công nghiệp trong nước, là ngành công nghiệp mũi nhọn, giữ vai trò chủ đạo... nhưng ngành cơ khí đã qua “thời oanh liệt”, đang phải tìm cách để tồn tại và phát triển.
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