Accordingly, low-skilled manufacturing wages will rise at a moderate pace relative to Viet Nam’s regional competitors. However, specialised labour in manufacturing and services professions will remain scarce. In the field of investment, high-tech manufacturers will continue to enjoy incentives for many years to come. In addition, Viet Nam has joined many trade agreements and maintained good relations with trading partners, helping to reduce transaction costs for local businesses. … [Read more...] about Viet Nam to remain at centre of Asian supply chains: EIU
Supply chain bottlenecks
Living Wage boost for thousands of workers in Heathrow Airport supply chain
Trades Union Congress regional secretary Sam Gurney said: “We welcome the commitment of major employers like Heathrow Airport to ensure that their people and those in their supply chains receive London Living Wage and have regular guaranteed hours. … [Read more...] about Living Wage boost for thousands of workers in Heathrow Airport supply chain
Mekong Delta farmers urged to link up with global value chains
Can Tho city’s agricultural industry has built and developed a large-scale paddy fields model with a total area of over 30,000ha per crop. Some 100ha of rice production have received a Global Good Agriculture Practices (Global GAP) certificate and 336ha of rice production have reached Vietnamese Good Agricultural Practices (VietGAP) standards. Moreover, Can Tho has also expanded its safe vegetable production area with a total area of 229ha and an output of over 28,390 tonnes per year, with 10.5ha meeting VietGAP standards. … [Read more...] about Mekong Delta farmers urged to link up with global value chains
Pharmacy chains want to help as nation struggles to vaccinate people against Covid
"We're making sure that everyone is ready to get after this as soon as the vaccines become available en masse, which we believe will be probably March, April," Walgreens Chief Operating Officer Alexander Gourlay said at the JP Morgan 39th Annual Health Care Conference. … [Read more...] about Pharmacy chains want to help as nation struggles to vaccinate people against Covid
Agricultural exports set to join more global value chains as new FTAs take effect
The UKVFTA, signed in December 2020, was negotiated based on commitments previously made in the EVFTA (EU-VN trade agreement), with necessary adjustments to ensure compliance with the bilateral trade framework between Việt Nam and the UK and to ensure a balance of benefits between the two countries. … [Read more...] about Agricultural exports set to join more global value chains as new FTAs take effect