Amazon strategic partnerships

A representative of the Vietnam Leather, Footwear and Handbag Association (Lefaso) said that despite a decline in consumer demand during the COVID-19 pandemic, footwear exports in the first five months of 2020 to the US reached more than 2.43 billion USD, accounting for 36.3 percent of Vietnam’s footwear export turnover. … [Read more...] about Vietnam-US friendship thrives after a quarter of a century

According to the Ministry of Planning and Investment, since the fund was put into operation more than three years ago, it has helped SMEs enhance their operational effectiveness, increase profits, and create more jobs. Many firms have paid off loans early. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

“The economy emerged from the worst of the Covid-19 downturn in the third quarter of 2020, and we think the recovery will remain intact. Vietnam has been one of the best-performing economies globally for the past decade and we expect this to continue,” said Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

He went on to say that in the new context, the two Parties and countries should strengthen solidarity and cooperation, adding that China is ready to join Vietnam in seriously realising the important common perceptions shared between the two Parties and countries’ leaders, increasing high-level strategic exchange and experience sharing, boosting connecting development strategies, and expanding result-oriented cooperation in all fields, thereby reaching a new height in both countries’ socialism building and bilateral relations./. … [Read more...] about Congress to create new momentum for Vietnam: Ambassador

HCM City (VNS/VNA) - Vietnam’s imports of high-value seafood such as king crabs and lobsters are rising due to their falling prices, and are expected to rise even further during the Lunar New Year (Tet) Festival, experts have said. Robert Greenan, Deputy Consul General at the US Consulate in Ho Chi Minh City, said last year exports of Alaskan seafood rose 125 percent to 19 million USD. Vietnam became the US’s sixth largest buyer of agricultural products and foodstuffs with imports worth 4 billion USD. According to the Alaska Seafood Marketing Institute in Vietnam, demand for seafood is rising in the country, and several processing factories are moving from China to Vietnam due to tariffs. Alaskan seafood is mostly bought by restaurants and hotels and processors. The institute aims to expand the distribution network so that more customers can buy Alaskan seafood for cooking at home. During Tet, there is especially high demand for Alaskan king crab since it is relatively … [Read more...] about Demand for imported high-value seafood rises