Industries
Environmentally-friendly production and consumption to enhanced
The production and use of environmentally-friendly and recycled products will be encouraged in economic development plans for the 2021-30 period.In 2021-2025, laws and policies on sustainable production and consumption will be employed, including regulations, technical standards of sustainable production, ecological designs, designs for reusing and recycling ...
How does yuan price reduction affect garment, footwear industries?
The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Vietnam’s yarn industry, according to Vietnam Textile and Apparel Association (VITAS).Vietnam imports cotton from the US to make yarn products for export to China. If the yuan continues to fall, Vietnam’s yarn ...
Big C pledges to resolve buying issue
Big C Vietnam has suspended local purchase of garments but insists it is only a temporary measure and will not pull out of the local apparel business. At the meeting with suppliers on Wednesday, the company pledged to co-ordinate to come up with a solution within ...
Baseline study focuses on corporate responsibility for human rights
The Vietnamese branch of the German non-profit foundation Friedrich-Ebert-Stiftung (FES) has collaborated with the Centre for Development and Integration (CDI) to launch the baseline study on “UNGP Implementation in the Garment, Footwear, and Electronics Supply in Vietnam” in Ho Chi Minh City on May 28.Sean ...
Mineral misery: Vietnam salt farmers battered by imports, climate
The work is punishing and the incomes unstable, subject to seesawing demand swayed by foreign imports, and increasingly unpredictable weather patterns.Vietnam produced about one million tonnes of salt in 2015, according to the latest official data, and often clocks surpluses, but it still ships salt ...
AFP
'Harsh' tactics used to keep wages low for Vietnamese garment workers
European and U.S. fashion brands sourcing from Vietnam must stop their “harsh” tactics that push down workers’ wages and trap millions in poverty, labor rights campaigners said on Thursday.Earlier this year, charity Oxfam criticized Australian fashion firms for using a “system of entrenched exploitation” that ...
Vietnamese garments to benefit from CPTPP if meeting origin rules
Considered as one of the greatest beneficiaries when the CPTPP comes into effect, Vietnam’s garment sector will be able to take advantage of tax preferences if it meets the trade pact’s rules of origin.According to the Ministry of Industry and Trade, when the CPTPP comes ...
Over $1bn to be poured into race tracks across Vietnam
Several businesses operating in Vietnam have the intention to build tracks for racing animals and vehicles across the country in ambitious projects collectively worth over US$1 billion.Keep reading ...
Tuoi Tre News Reporter
Entry fees proposed for Ly Son Island off central Vietnam
The administration of Quang Ngai Province in central Vietnam is considering an entry fee for visitors to its popular Ly Son Island, with tickets costing up to VND50,000 (US$2.15) per person, to fund conservation efforts on the island.Keep reading ...
Tuoi Tre News Reporter
Counting the cost of alcohol issues
The Government of Việt Nam spends about VNĐ65 trillion (US$2.79 billion) dealing with the consequences of alcohol each year, while alcoholic beverage firms contribute roughly VNĐ50 trillion ($2.14 billion) to the country’s economy, a health official revealed.Keep reading ...
VNS Reporter
