Nearly 78 pct of manufacturing, processing firms expect stable, better performance in Q3
Some 39.2 percent of surveyed manufacturing and processing enterprises expect better performance in their production and business in the third quarter of 2021, and 38.6 percent believe to enjoy stable production and business, according to a survey recently conducted by the General Statistics Office (GSO).
Hanoi (VNA) – Some 39.2 percent of surveyed manufacturing andprocessing enterprises expect better performance in their production andbusiness in the third quarter of 2021, and 38.6 percent believe to enjoy stableproduction and business, according to a survey recently conducted by theGeneral Statistics Office (GSO).
Meanwhile, 22.2 percent of responded enterprises predictthey may face more difficulties than the period quarter.
The GSO said that industrial production in the secondquarter reported positive growth as production and business activities weremaintained and gradually recovered, with the added value up 11.45 percentyear-on-year.
In the first half of this year, the industrial sector’sadded value is estimated to increase by 8.91 percent year-on-year, of which themanufacturing and processing industries grew by 11.42 percent.
At present, major groups are planning to invest in Vietnam,mainly in electronic production and component manufacturing.
As of June 30, the inventory rate of the manufacturing andprocessing industries increased by 24.3 percent year-on-year.
To address inventory and boost production, the Ministry ofPlanning and Investment proposed localities continue stepping up administrativeprocedure reform and simplifying specialised inspection procedures.
On June 1, the number of labourers working in industrialfirms decreased by 1.4 percent month-on-month, and 1 percent year-on-year./.
Ho Chi Minh City’s Index of Industrial Production (IIP) advanced 5.9 percent year-on-year in the first half of 2021, though new COVID-19 outbreaks are ravaging the country’s southern economic hub, causing the index to shrink 5.3 percent month-on-month in June.
Singaporean firms were briefed on Vietnam’s investment environment and incentives to attract foreign investors at a webinar held by the Singapore Business Federation (SBF) on July 2.
The Asian Development Bank (ADB) has approved a 4.6 million USD technical assistance to help the Vietnamese Government to strengthen public-private partnership (PPP), private sector development, and state-owned enterprise (SOE) reform.
An online seminar on strengthening trade relations through international trade fairs, held by the Vietnam Trade Office in India on June 25, saw the participation of nearly 50 Vietnamese seafood companies and 50 Indian enterprises in sectors of processed food, agricultural products, fruits, and spices.
The vehicles will be deployed for mail and parcel delivery by Hanoi Post, marking another step in the strategic partnership between the two firms since 2021. With this batch, the total number of electric motorbikes Honda has supplied to Vietnam Post has reached 405, operating primarily in key cities such as Hanoi and Ho Chi Minh City.
With participation from major players representing countries such as Russia, China, Japan, India, Thailand, and Indonesia, Vietbuild 2025 is expected to present a wide range of environmentally friendly and innovative products and services, especially building materials, machinery, and interior and exterior decoration.
Bulgaria holds strengths in sectors that align well with Vietnam’s development focus, including information technology, software, electronics, energy and the environment, startups and innovation, agriculture and food processing, logistics, and freight services.
Vietnam Airlines is pursuing an Environmental, Social, and Governance (ESG) roadmap to reduce emissions, improve fuel efficiency, and adopt sustainable aviation fuels. It is also investing in workforce development, corporate culture, and international management practices.
Thailand's largest retailer, Central Retail Corporation (CRC), will invest over 45 billion THB (1.38 billion USD) through 2027 to expand mainstream markets and accelerate growth across Southeast Asia, including Thailand and Vietnam.
Vietnam ranks among Asia’s top producers and exporters of denim, with hundreds of factories producing denim fabric and garments. Vietnamese denim products are now exported to over 70 countries.
In 2024, durian was a leading export among Vietnam’s fruits and vegetables, earning a record of 3.3 billion USD and accounting for 46% of the sector’s total export value. China was the largest market, importing 3.2 billion USD worth of durians, or 97% of the total.
The arrival of this first wind power equipment shipment signalled the Trung Nam Ca Na seaport’s infrastructure readiness and its entry into a new phase of development, aligned with Vietnam’s adjusted National Power Development Plan VIII.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
Illustrative image (Photo: VNA) 
