Wkyt news headlines

According to the Vietnam Leather, Footwear and Handbag Association (Lefaso), the first five months of the year saw exports of bags, wallets, suitcases, and hats and umbrellas reach a mere US$1.3 billion, representing a drop of 15.5% in revenue when compared to the same period from last year, the deepest decline since the pandemic broke out. Similarly, footwear exports reached only US$6.8 billion, a fall of 5%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 16

Chaiman of Dong Nai People’s Committee, Cao Tien Dung, said rapid construction and expansion of industrial zones would help the province attract investment once the pandemic is controlled and allot lands to key sectors like supporting and processing industries to enable the country to get deeper into global supply chains. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 4

A faster reduction in purchasing activity was also recorded amid lower new orders and production requirements. That said, the fall in input buying was still much weaker than April's record. The scaling back of inventories also continued, with stocks of both purchases and finished goods decreasing in August. Some respondents indicated that finished products had been dispatched to customers as soon as they were ready to avoid a build-up of inventories. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 5

In the next 10 years, the number of enterprises supported with solutions to improve productivity and quality is expected to increase by 10-15 per cent per year, of which the number of certificates for ISO 9001 quality management system and ISO 14001 environmental management system granted to businesses will increase at least 10 per cent compared to the 2011-20 programme. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 6

Intel has invested $1 billion in Vietnam and is looking to increase this in the coming years. The export revenue of Intel in Vietnam has reached $3.6 billion. With the new investment in Ho Chi Minh City in the coming time, the figure is expected to increase significantly. Intel will also use the fresh capital to develop local middle and senior leaders for the Vietnamese factory, according to Intel Vietnam's general director. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 28