Vietnam's leather and footwear industry moves towards green production, sustainability
The strategy aims to maintain Vietnam's position as the world's second largest producer and exporter of footwear products.
The strategy aims to maintain Vietnam's position as the world's second largest producer and exporter of footwear products.
Companies face significant challenges in complying with requirements set by free trade agreements.
Local authorities are urged to continue speeding up vaccination, which is a key to resume production operations.
Vietnam is seeking different ways to get more vaccines and speeding up its inoculation campaign.
Preferential treatments from the EU-Vietnam Free Trade Agreement (EVFTA) have been best utilized by Vietnamese enterprises among trade deals of which the country is a party.
Despite Covid-19 impacts, Vietnam’s trade turnover with the Americas rose by 16% year-on-year in 2020 to US$111.5 billion.
Symbiosis is seen as an important link facilitating the cooperation between local and foreign direct investment firms in Vietnam.
Government support is needed for the local leather and footwear sectors to realize the export target of $20 billion in 2021.
Mexico, Chile and Peru were three countries that Vietnam recorded the highest trade surplus in the Latin American in 2019.
Digital transformation in corporate governance and management is needed for local textile firms to enhance efficiency in a new normal, Prime Minister Nguyen Xuan Phuc has said.