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Hanoi (VNA) - Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19. Vietnamese companies have proved their capacity in research and development (R&D) and design, according to Chairman of the Vietnam Leather, Footwear and Handbag Association (LEFASO) Nguyen Duc Thuan. Signs show that Vietnam is further penetrating into the leather-footwear supply chain, he said, as the design and R&D processes rake in high added value for products. The domestic supply of materials for the sector now represents 60 percent. Local businesses can take the initiative in producing soles and moulds, as well as packaging and labelling. This is attributable to their activeness in manufacturing materials locally, Thuan added. In particular, the Gia Dinh Footwear JSC has set up industrial clusters to attract investment in … [Read more...] about Footwear sector further penetrates global supply chain

Accordingly, the price of bio-fuel E5 RON92 increased by VND361 to a maximum of VND16,309 (US$0.71) per liter, and RON95-III by VND340 to no more than VND17,270 per liter. The prices of diesel oil 0.05S and kerosene were pushed up by VND395 and VND350 to cap at VND13,042 and VND11,908 per liter, respectively. Meanwhile, the price of fuel oil 180CST 3.5S inched up VND350 to VND12,622 per kilogram. The two ministries said that the prices of petrol and oil on the global market increased from 5.34 to 6.45 percent in the past 15 days. They review fuel prices every 15 days to keep the domestic prices up to date with the global market. With a view to supporting economic recovery in the nation, the ministries decided to increase expenditure for the petrol price stabilization fund by VND250-VND1,350 per liter. … [Read more...] about Vietnam raises petrol prices by over VND300 per liter

Teashop owner Vu Thien Tan in Hanoi began her first short-term teamaking course two years ago and has so far taught over 400 students, most of them born in the 1990s. By setting up a Facebook page, she has been able to reach a niche group of youths who are willing to put down their smartphones for some cultural experiences. … [Read more...] about Traditional tea losing flavor for young Vietnamese

Tran, who has been selling candies and jams at the market for nearly 30 years, said this was the hardest time as the market was so empty. More stalls may be closed after Tet. "We have not seen many regular customers this time, only a few retail customers and wholesale customers," she said. … [Read more...] about Digitalization at Saigon’s oldest market

Phạm Duy Tuyến, Director of Hải Dương Province Centre for Disease Control (CDC), said the woman’s positive test result was available on January 17 at Japan's airport where COVID-19 screening tests are done for all arrivals, but only yesterday did local authorities were informed of the situation. … [Read more...] about Woman tests positive for UK coronavirus variant on arrival in Japan: official