Slow Progress in Corporate Reform in 2024

State Divestment in Vietnam Update In Vietnam, the State divestment in Vietnam or the process of restructuring and privatizing state-owned enterprises (SOEs) has faced significant delays, especially in the first four months of 2024. Despite plans laid out for the 2022-2025 period to privatize 19 companies and withdraw state investment from 141 enterprises, only a … Read more

13 Powerful Ways Nike Factories in Vietnam Are Transforming Communities and Boosting the Economy

Nike has chosen Vietnam as its largest production base, with more than 50% of its footwear output manufactured here, surpassing China’s role in recent years. Key reasons include competitive labor costs, robust factory infrastructure, and strong market appeal, especially in the U.S. Vietnam’s footwear industry, has become a pivotal export sector despite challenges such as … Read more

Boost Trade Between Vietnam and New Zealand Through Prime Minister’s Visit

Trade_Between_Vietnam_and_New_Zealand

The visit of the Prime Minister of Vietnam to New Zealand between Mar 5 to 11, 2024 marks a significant milestone, offering opportunities to boost trade between Vietnam and New Zealand This first official visit of Prime Minister to New Zealand reflects the country’s value placed on Vietnam and Southeast Asia. Since establishing diplomatic relations … Read more

Vietnam To Increase in Agricultural Exports to China via Railway

Agricultural_Exports_to_China

The Prime Minister has issued a directive to enhance agricultural exports to China The Prime Minister encourages the agricultural exports to China, emphasizing the expansion of railway transportation. This move seeks to complement road transportation and involves a directive to relevant departments and agencies to both boost railway capacity and construct specialized railway lines for … Read more