Supply chain globalization

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

HÀ NỘI — Việt Nam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released this week. … [Read more...] about Việt Nam to remain at centre of Asian supply chains: EIU

HCM City (VNA) - The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said. Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. Vietnam signed a number of important economic deals in 2020, heralding a new era of economic integration with opportunities to expand export markets and attract more domestic and foreign investment. Among the deals, the RCEP, which gathers together 10 ASEAN countries and five partners (the Republic of Korea, China, … [Read more...] about RCEP to help farm produce expand presence in global markets

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

Sunil Vachani says that when he was studying for his management degree in the UK, he could see that global consumer brands were beginning to quietly outsource manufacturing to third party players while retaining control only of the design, marketing and brand building aspects of the business. … [Read more...] about How Sunil Vachani plans to take Dixon Tech global