Hanoi retailers told to increase stocks threefold amid pandemic Retailers in Hanoi were told to increase stocks of essential goods by three-fold over average levels to ensure price stability amid the complex development of the COVID-19 pandemic. … [Read more...] about Why do private investors want to take over Saigon Co-op?
I want it all
India, the world's second-largest steel producer, turned net importer in the year ended March 31, 2019 after a gap of three years. That is because the country lacks the capability to produce high-quality steel and has lost some of its global clients to cheaper exports from China, Japan and South Korea. … [Read more...] about India fears US-China trade war will lead to dumping of Chinese steel
The article said Marko Walde, Chief Representative of the German Chamber of Industry and Commerce in Vietnam, expressed his belief that Vietnam will not only become more attractive as an investment destination, but will hold great importance in the development of alternative supply chains. … [Read more...] about German newspaper highlights Vietnam as attractive investment destination
To that end, the MoIT wants resources from the central level to be integrated into local levels, focusing on investment and development of industrial projects, especially supporting industry and a number of important industries such as hot rolled steel, fiber production, weaving and dying, and new materials to reduce dependence on imports. … [Read more...] about Vietnam aims to down car prices by reducing component import
Hanoi (VNA) – Empowered by the Prime Minister, Deputy Foreign Minister Nguyen Quoc Dung on August 14 presented medical equipment worth 60,000 USD as a relief package of the Vietnamese Government and people to Bangladesh and Sri Lanka to support their fight against COVID-19. The Vietnamese official said the pandemic is developing complicatedly in many countries in the world, including Vietnam. However, the Southeast Asian nation wants to support regional and international friends in this difficult time. Bangladesh and Sri Lanka are traditional friends of Vietnam and boast sound bilateral relations over the past decades, he said. Ambassadors of the two countries thanked the Vietnamese Government and people for their support and spoke highly of Vietnam’s COVID-19 response. They affirmed to continue strengthening coordination and sharing information with Vietnam in protecting health and safety for people./. … [Read more...] about Vietnam helps Bangladesh, Sri Lanka fight COVID-19