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Ominous signs for supply chains from new Covid lockdowns in Vietnam and China
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Cat Lai Port faces container backlog due to shortage of workers | Hellenic Shipping News Worldwide
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東南亞疫情肆虐 運價翻騰 - 產業．科技
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Addressing SOEs, the private sector, and innovation 19:47 | 13/04/2021
The government has a plan to invest nearly $1 billion in seven state-owned enterprises (SOEs), with the purpose to âpave the wayâ to develop technology, connect with the private sector, and form âinnovation chainsâ in order to accelerate development.
By Sesto E Vecchi - Partner, Russin & Vecchi
There are three telecoms companies (Viettel, VNPT, and MobiFone); two in renewable energy (Vietnam Electricity and PetroVietnam); one involved in seaports and logistics (Saigon Newport), and one in banking (Vietcombank). Investment in these companies is expected to have a positive spillover effect into the economy. We do not know the rationale behind the choice of these particular sectors, and it has not yet been explained how the companies will create innovation chains.
Larger frame of mind for logistics 10:00 | 15/02/2021
Throughout more than three decades of economic reform, Vietnamese companies from many sectors have been venturing abroad and become role models. Yet, the logistics sector remains too focused on the domestic market. Tran Thanh Hai, deputy director of the Ministry of Industry and Tradeâs Agency of Foreign Trade, emphasised that local players should follow regional examples and take their business to international arena.
Larger frame of mind for logistics
Last year, the whole world suffered the consequences of the lasting pandemic, with even Vietnam facing economic uncertainties and natural disasters in the central region, causing huge damage to livelihoods.