Digital transformation, creating suitable designs and recycling clothes are now proving to be important target activities for the garment and textile industry towards a circular economy and sustainability. Fabrics from natural materials are taking the throne in the textile industry. (Photo: congthuong.vn) Pressure of digital transformation According to Nguyen Phuoc Hung, Vice President of the Ho Chi Minh City...

Vietnam exported 1.7 million tonnes of rice in the first quarter of 2023 worth over 900 million USD, a 19% increase in quantity and 30% rise in value compared to the same period in 2022. Farmers harvest winter-spring rice. (Photo: VNA) These latest figures were released in a latest report by the General Department of Customs. According to...

The Economist Intelligence Unit (EIU), a research and analysis division of the Economist Group of the UK, has recently announced the ranking of the global business environment for the second quarter of the year, which recognises that Vietnam has the highest ranking among the targeted economies. Illustrative image (Source: VNA) The EIU offers many categories on order to...

Experts have noted their hope that coastal resorts will play a role in accelerating the recovery and development of the domestic resort real estate market which is facing an array of challenges. Several high-quality hotels and resorts in the country are doing exceptionally well. (Photo: Vinhomes) Mauro Gasparotti, Director of Savills Hotels, said Vietnam’s hospitality market had great momentum...

The sustainable clam and bamboo value chain development in Vietnam (SCBV) project, funded by the European Union (EU) and implemented by Oxfam Vietnam in collaboration with Vietnamese partners, has benefited a large number of rural residents and stabilised these production areas in Vietnam, heard a conference in Vinh city of Nghe An on March 23 to review the...

Vietnam’s 8% growth in 2022 was a bright spot of the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)'s Research Department, which produces the World Economic Outlook (WEO). Illustrative image (Photo: VNA) In an interview granted for the Vietnam News Agency during the week of Spring Meetings...

The GSM (Green - Smart - Mobility) Joint Stock Company – the first taxi service supplier using electric cars in Vietnam - launched its Xanh SM taxi service in Hanoi on April 14. A car and driver of the electric taxi service. (Photo: VNA) All EVs in GSM's fleet are produced by VinFast, a member of the Vietnamese conglomerate...

Six groups of products posted an export revenue of over 1 billion USD to the US market in the first quarter of this year, with the group of machinery, equipment, tools and spare parts topping with 3.98 billion USD, according to the General Department of Vietnam Customs. Illustrative image (Source: VNA) The group of computers, electronic products and...

The Vietnam Oil and Gas Group (Petrovietnam) has been named among the top 10 innovative enterprises in Vietnam in 2023. Petrovietnam's crude oil output reaches 2.6 million tonnes in the first quarter of this year. (Photo: Petrovietnam) The Vietnam Investment Review in collaboration with Vietnam Business Research JSC (Viet Research) compiled the list of top 50 most innovative...

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold over 30,038 vehicles in March, up 30% from the previous month, after recording growth of 33% in February, VAMA announced on April 13. Vietnam’s automobile market posts a growth of 30% in March. (Photo: VNA) Of the sold vehicles, there were 21,696 passenger cars, up 28%; 7,990 commercial vehicles,...