Sleaford business park

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

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

Though Vietnam is the world’s fifth biggest exporter of tea, consumption in the country is lower than in many other Asian countries. Vietnam’s annual tea consumption per capita in 2016 was 0.44 pounds (200 grams) compared to Japan’s 2.13 pounds, China’s 1.25 pounds, Malaysia’s 1.06 pounds, and Singapore’s 0.81 pounds, according to German statistics portal Statista. … [Read more...] about Traditional tea losing flavor for young Vietnamese

Intel's representatives at the awarding ceremony of the amended investment registration certificate for the first phase of investment expansion Intel Products Vietnam is an important part of Intel’s worldwide manufacturing presence. As Intel redefines its position in the industry from a CPU to a multi-architecture XPU company, IPV will continue to diversify and improve its local operations so that it can take on more complex technologies and new products to enable Intel to tap new market opportunities. … [Read more...] about Intel injects additional $475 million into Vietnam facility