Transformational development

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

Hanoi (VNA) – The 12th Party Central Committee had chosen capable, prestigious and promising candidates for the 13th tenure, according to member of the 12th Party Central Committee and Secretary of the Party Committee of the Vietnam Fatherland Front Central Committee Hau A Lenh. Talking to the press on the sidelines of the on-going 13th National Party Congress, Lenh, who is also Vice President and Secretary General of the VFF Central Committee, emphasised that the 12th Party Central Committee had been very serious in conducting personnel preparations for the 13th National Party Congress. He recalled that at its eighth plenum in October 2018, the 12th Party Central Committee set up sub-committees were set up to conduct preparations for the 13th National Party Congress, including a sub-committee for personnel work. The ninth plenum in December 2018 carried out personnel planning for the 13th Party Central Committee. At the 12th plenum, the Party Central Committee discussed … [Read more...] about Capable, prestigious, promising candidates chosen for 13th tenure: VFF official

Singapore (VNA) – Singapore's manufacturing sector was the silver lining of 2020, with the sector posting growth for the full year, according to data released by the Economic Development Board (EDB) on January 26. The sector expanded 14.3 percent year on year last month. Excluding biomedical manufacturing, output grew 19.8 percent. Overall, manufacturing output increased 7.3 percent last year, compared with 2019. The chemicals cluster grew by 12.3 percent year on year last month, with all segments except petroleum recording output growth. But for the whole of last year, the chemicals cluster's output dipped by 1 percent compared with 2019. The precision engineering cluster picked up 11 percent in December, with the machinery and systems segment growing 12.6 percent on the back of higher output of semiconductor equipment and measuring devices. Precision engineering output increased 10.6 percent for the year. General manufacturing output also grew, by 5.9 percent, with … [Read more...] about Singapore: Manufacturing sector silver lining of 2020

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

Artist Tran Thi Ngoc Hieu instructs her daughter on the shell painting technique at her shop in District 1, Ho Chi Minh City. Photo: Hoang An / Tuoi Tre Tran Thi Ngoc Hieu exhibits her skills on a shell product in District 1, Ho Chi Minh City. Photo: Hoang An / Tuoi Tre A shell painting made by Tran Thi Ngoc Hieu is seen in this photo taken at her showroom in District 1, Ho Chi Minh City. Photo: Hoang An / Tuoi Tre Like us on Facebook or follow us on Twitter to get the latest news about Vietnam! … [Read more...] about Vietnamese woman breathes life into inanimate shells