“Made in Vietnam” goods week launched in Hanoi
The “Made in Vietnam” goods week is expected to stimulate domestic consumption of local products in the campaign “Vietnamese buy Vietnamese goods.”
The “Made in Vietnam” goods week is expected to stimulate domestic consumption of local products in the campaign “Vietnamese buy Vietnamese goods.”
Made-in-Vietnam Goods Week aims to promote the campaign "Vietnamese buy Vietnamese goods."
The country would remain the only one with positive growth among five major economies in ASEAN, and its economic growth would rebound to 6.7% in 2021.
The price to earnings (P/E) of the benchmark VN-Index is not quite cheap to attract new inflows as it is 15.1x (as of 30 September) versus 14.5x – 15x in the pre-Covid time.
Hon Hai Precision Industry, known as Foxconn and the world's biggest contract electronic manufacturer, may launch notebook PC production in Vietnam.
With rapid urbanization and growing population, Hanoi is under pressure to address social issues, especially those related to environment and traffic, said the Hanoi Party chief.
The government has changed its development strategy for the automobile industry, given the fact that it’s not feasible to produce one entire car in Vietnam.
This marked the rise in number of imported cars to Vietnam in two consecutive months, following a 34% increase in July.
As a production hubs of world major tech firms such as Samsung, Vietnam is capable of manufacturing sophisticated products with high technological content, said an expert.
As many as 70.35% of Vietnamese people have access to Internet, a significant increase from the 46.5% in 2018.