Minister of Industry and Trade Tran Tuan Anh said industrial development in Vietnam should follow orientations to 2030 with a vision to 2045, as described in Resolution 23-NQ/TW dated March 22, 2018 of the Communist Party Central Committee. The resolution says it is important to develop industry qualitatively and quantitatively, and create breakthroughs in productivity, quality, competitiveness and added value of domestic industrial products. It is important to maintain and expand domestic markets, and maximize the exploitation of export markets for key industrial products, making use of signed free trade agreements’ opportunities, Anh said. … [Read more...] about Vietnam’s industrial development, exports dogged by low added value
3 developments of the industrial revolution
Vietnam export growth brings risk of charge of currency manipulation Increasing exports to the US, Vietnam is a step closer to the risk of alleged monetary manipulation as US President Trump tries to reach a trade agreement with China at a negotiation round this October. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
The Ministry of Industry and Trade (MoIT) has proposed the Prime Minister allow it to remain the major shareholder in two SOEs, namely the Vietnam Engine and Agricultural Machinery Corporation (VEAM) and Machines and Industrial Equipment Corporation (MIE). … [Read more...] about Ministries ask for permission to change SOE divestment plans