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Samsung Electronics’ factory in Thai Nguyen Province is the South Korean conglomerate’s largest mobile phones and phone parts manufacturing factory in the world, which contributes greatly to Vietnam’s exports of phones and phone parts – PHOTO: SAMSUNG HCMC - Vietnam’s exports of phones and phone parts were heavily impacted by the Covid-19 pandemic last year, falling 0.4% compared with 2019 to US$51.18 billion, according to the General Department of Vietnam Customs. … [Read more...] about Vietnam’s phone exports fall 0.4% in 2020

Nevertheless, the organisations’ perception of the IP rights in both on- and offline spheres is a barrier for the government as on average, the individuals’ perception of IP rights is still limited, especially with e-commerce. It is difficult for the state to handle IP related issues in e-commerce as the information given online might be fake. That is one of the loopholes that the Vietnamese government has been striving to eliminate. … [Read more...] about International integration through strong intellectual property rights protection

The Ministry of Industry and Trade advised local businesses that export agro and seafood products to China to step up monitoring the quality of goods and compliance with China’s regulations on quality standards, quarantine and food safety aimed at facilitating customs clearance procedures. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26

The Covid-19 crisis continues to represent an immediate threat to both individual safety and businesses, reflecting why pandemic outbreak has rocketed 15 positions up to #2 in the global rankings at the expense of other risks. Prior to 2021, it had never finished higher than #16 in 10 years of the Allianz Risk Barometer, a clearly underestimated risk. However, in 2021, it's the number one risk in 16 countries and among the three biggest risks across all continents and in 35 out of the 38 countries which qualify for a top 10 risks analysis. Japan, South Korea and Ghana are the only exceptions. China is the only country in Asia Pacific where Pandemic outbreak is not a new risk as it was ranked #7 in 2020. … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China

"It is critical for suppliers, manufacturers and brands to show and prove the origins of their products. However, it can be difficult for businesses to have full visibility over their complex supply chains as much of this data is currently fragmented and managed manually. Serai makes it easy for businesses to access and unify complex supply chain information from multiple sources," says Vivek Ramachandran, Chief Executive Officer, Serai. … [Read more...] about Serai Launches End-to-End Supply Chain Traceability Solution for the Apparel Industry