KEY EXPORT GOODS RUMBLE ON DESPITE PANDEMIC STRAINS
The impact of the ongoing pandemic has been noted as particularly acute for Vietnam’s export-reliant economy. Aside from computers and machinery, most of Vietnam’s top products registered lower exports compared to the same period last year. However, figures indicate that Vietnamese goods are still in demand.
BECAMEX HOTEL PRESS RELEASE ON VITM HA NOI FROM 17-20 NOVEMBER 2020
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VN EXPORTERS HIT BY CONTAINER SHORTAGE
There is a serious shortage of empty containers for exports from Việt Nam, Phan Minh Thông, general director of agriculture products exporter Phúc Sinh Joint Stock Company, said.
LOCAL TECH IMPORTANT FOR DIGITAL TRANSFORMATION: EXPERTS
Nguyễn Duy Hồng, deputy director of Smartlog Supply Chain Solutions Corporation, said the growing logistics industry, especially in HCM City, offered a great opportunity for providers of logistics management systems, and domestic businesses generally could provide solutions more suited to addressing Việt Nam’s logistic problems than foreign ones.
HOW CAN SUPPORTING INDUSTRIES PARTICIPATE MORE DEEPLY IN GLOBAL SUPPLY CHAINS?
Vietnam is facing many opportunities to accommodate shifting foreign direct investment (FDI) inflows as well as to increase the sustainability of supply chains. However, the country has difficulty participating deeply in the processing and manufacturing industry and is lagging behind other countries in the region in this respect.
VIETNAM TENDERS DAILY- DECEMBER 8, 2020
1. Substation supply and installation
2. Twisted plastic pipe supply
3. Insulators and accessories supply
4. Air conditioner supply and installation
5. Plastic pipeline supply-bid cancel
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ACCELERATING BUDGET REVENUE COLLECTION
Vietnam’s export and import value in November decreased and the state budget revenue collected by customs agencies reached only over VND284 trillion (US$12.3 billion). Many challenges and pressures on the customs sector needed to be addressed to achieve the best result in the last month of this year.
ECONOMIC INDICATORS PICK UP SLIGHTLY BUT STILL AT RISK
Amidst the complicated developments of the Covid-19 outbreak, Vietnam is still maintaining its growth momentum. In order to maintain its economic stability and development, Vietnam needs to continue implementing suitable monetary and fiscal policies and provide solutions to support those facing difficulties caused by the pandemic.
