Industry experts therefore emphasized the need to ramp up the production capacity of local cement plants to between five and 10 million tonnes per year in a bid to ensure effectiveness in the long term whilst simultaneously reducing costs moving forward. VOV … [Read more...] about Cement exports unlikely to enjoy robust growth in 2021
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Vietnam maintains stable exports to Israel in 2020
Tel Aviv (VNA) – Vietnam earned an estimated 700 million USD from exporting goods to Israel in 2020 despite difficulties and obstacles posed by the COVID-19 pandemic, according to the Vietnamese Trade Office in the Middle East country. The figure showed a slight reduction from 774 million USD reported last year. This is said to be a positive result in the context that the Israeli market witnessed fluctuations, disturbances and difficulties amid political instability and negative impacts from the pandemic. Notably in November last year, Vietnam's export value to Israel surged by 27.2 percent compared to the previous month, reaching 51.04 million USD. Turnover of most key export items rose strongly in the month, with coffee up 108.6 percent, footwear (35 percent), phones and accessories (31 percent), and textiles and garments (21.4 percent) cashew nuts (16.9 percent), and seafood products (3.3 percent). Israel, with a population of only 9.3 million, is the third … [Read more...] about Vietnam maintains stable exports to Israel in 2020
US not impose tariff or sanction on Vietnam’s exports
In the time ahead, Vietnam will continue with efforts to open up the market, intensify policy dialogue through TIFA Council mechanisms and seriously implement bilateral cooperation agreements so as to produce substantial outcomes and comprehensively address the concerns of the US and Vietnam, thereby maintaining stable trade ties towards a sustainable and harmonious trade balance that benefit both sides. … [Read more...] about US not impose tariff or sanction on Vietnam’s exports
Vietnam determined to reduce GHG emissions by 9 percent in 2030
Compared to the already submitted NDC, the contribution on mitigation in the updated NDC has significantly increased in terms of both reduced emissions volume (compared to BAU) and reduction percentage with Vietnam’s domestic resources. More specifically, the emissions reduction has increased by 21.2 million tCO2eq (from 62.7 million tonnes of CO2eq to 83.9 million tonnes of CO2eq), equal to an increase of emission reduction of 1 percent (from 8 percent to 9 percent). … [Read more...] about Vietnam determined to reduce GHG emissions by 9 percent in 2030
Is H&M unfit to pursue strategy to grow number of stores?
By the end of 2019, it had eight stores located in golden destinations in popular shopping malls in big cities with stellar leasing prices. For example, with a rate of $102 per sq.m at Vincom Dong Khoi, H&M has to pay nearly $225,000 a month after its 2,000 sq.m store. Other places charge $50-100 per sq.m a month for stores of a similar size. … [Read more...] about Is H&M unfit to pursue strategy to grow number of stores?