Recovery experts quotes

At the moment, we still focus more on small and mid-sized companies but are short of enterprises that can become tier-1 and tier-2 suppliers for foreign investors. So in the near future, we have to support those kinds of enterprises to develop, since large firms, such as Vingroup Joint Stock Company (VIC), are not likely to become partners with foreign investors but maybe to become their rivals. … [Read more...] about Việt Nam’s economic growth can even surpass expectations in 2021: expert

Alongside, the Nikkei Asia newspaper posted an article by Tamoya Onishi on the congress, underlining the significance of the event. It noted that each Party congress in history marked an important change to Vietnam, one example of which was the “Doi Moi” (Renewal) cause and market opening policy launched during the sixth congress in 1986. … [Read more...] about 13th National Party Congress receives wide coverage on international media

“It’s important to identify gaps in their current capabilities and find the right people and tools to fill those gaps. Firms often cannot do that on their own and that’s why international business networks, consultancy and knowledge sharing are so important,” Duong said. … [Read more...] about Manufacturing 4.0 webinar connects Austrian, Vietnamese businesses

Singapore (VNA) – Singapore's manufacturing sector was the silver lining of 2020, with the sector posting growth for the full year, according to data released by the Economic Development Board (EDB) on January 26. The sector expanded 14.3 percent year on year last month. Excluding biomedical manufacturing, output grew 19.8 percent. Overall, manufacturing output increased 7.3 percent last year, compared with 2019. The chemicals cluster grew by 12.3 percent year on year last month, with all segments except petroleum recording output growth. But for the whole of last year, the chemicals cluster's output dipped by 1 percent compared with 2019. The precision engineering cluster picked up 11 percent in December, with the machinery and systems segment growing 12.6 percent on the back of higher output of semiconductor equipment and measuring devices. Precision engineering output increased 10.6 percent for the year. General manufacturing output also grew, by 5.9 percent, with … [Read more...] about Singapore: Manufacturing sector silver lining of 2020