global supply chains

Update news global supply chains

International retailers seek to increase supplies from Vietnam

Many major retailers see Vietnam as an important goods production and supply source, and are looking for more Vietnamese supplies and partners.

EVFTA gives fresh impetus to trade and investment co-operation

The Vietnam-EU Trade Forum is expected to take place on October 27 in Hanoi.

Enterprises at risk of falling out of global supply chains due to fourth outbreak

Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months.

Sunny FDI outlook amid supply strains

While concerns over interruption of global supply chains linger due to serious outbreaks of COVID-19, Vietnam is attempting to remain on the front foot with continued business confidence and inflow of foreign investment.

2021 bodes well for mechanical engineering

After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements.

Vietnam capitalises on domestic market amid disrupted global supply chains

Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.

VN firms need to meet foreign firms’ requirements to enter global supply chains

Vietnamese companies need to meet the requirements of foreign firms if they want to participate in global supply chains from mid-2021 when the Covid-19 pandemic is expected to be under control, experts said.

Local firms struggle to fulfill needs of FDI companies

 Local producers must prepare to meet the requirements of foreign direct investment (FDI) companies to participate in the global supply chains, a top official has said.


EVFTA paves way for high-quality FDI flows from Europe to Vietnam

The European Union (EU)-Vietnam Free Trade Agreement (EVFTA) is expected to trigger high-quality FDI flows from Europe to the Southeast Asian country, said Vietnamese Trade Counsellor in Italy Nguyen Duc Thanh.

Evolving demand and supply chain norms

In early February, in the minds of most of us, COVID-19 was still a China-specific problem. Yet, the strict lockdown imposed early in China generated rapidly unprecedented chaos in global supply chains. 

Logistics groups roll out schemes to avert doldrums

As the COVID-19 pandemic wreaks havoc on supply chains globally, logistics firms in Vietnam have experienced decline in revenue but are mustering the strength to overcome the challenges ahead.

Global supply chains remain out of reach of VN businesses

Many Vietnamese companies in supporting industries that can produce high-quality parts are nevertheless struggling to enter large international supply chains or are only able to supply low-value items to them.


Part of the puzzle

 More and more local small and medium-sized enterprises are aiming to join the global supply chains of multinational corporations.

Pacific deal may add 30% to Vietnam's GDP

VietNamNet Bridge – The Trans Pacific Partnership trade agreement is expected to add 30 per cent to Vietnam's GDP over the next 10 years,