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VIETNAM’S garment industry was suffering an unprecedented crisis due to COVID-19, but the pandemic also brought significant opportunities for the country to become the world’s face mask factory, reported Vietnam News Agency.Many garment producers hit hard by the COVID-19 pandemic recently invested in producing face masks as a solution to cope with the difficult time and take the opportunities arising from the supply shortage.Some received export orders worth millions of dollars, a positive sign for the garment industry which was under huge pressure from the pandemic. ....
The national Covid-19 vaccine fund has received contributions and donation pledges of over VND7.6 trillion ($329 million) from businesses and other donors since it was established near two weeks ago. - VnExpress International ....
Garment products are made at TNG Investment and Trading JSC in Thái Nguyên Province. Shares of TNG have slumped 13 per cent compared to the beginning of April. VNA/VNS Photo Hoàng Nguyên HÀ NỘI Despite a positive recovery in the first quarter of this year, textile company stocks continued to decrease. Even though positive earnings and good export results were recorded, major stocks in the textile and garment industry lost ground. Shares of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM) dropped 12 per cent compared to the beginning of April, trading at around VNĐ117,000 (US$5.11) per unit. ....
VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 11/05/2021
14:09 GMT+7 Vietnam would continue to be world’s second largest rice exporter: US department The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year. According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year. It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes. ....
VIETNAM BUSINESS NEWS MAY 5 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 05/05/2021
12:11 GMT+7 Rubber industry needs to develop production chain Rubber latex of Quang Tri Rubber Co Ltd. Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets.
Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts. To Xuan Phuc, an expert of Forest Trends said Viet Nam s export of processed rubber has been increasing to many countries. However, Viet Nam s export rubber products must meet many requirements on the export market, including legal issues. ....