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 upstream
Living Wage boost for thousands of workers in Heathrow Airport supply chain
One directly-employed worker who benefits from the real Living Wage, Alison Neill of the airport’s business support centre in Glasgow said: “Before I earned the Living Wage, I was struggling to keep on top of escalating debt, which was affecting my health, and quality of life. … [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
According to Vu Ba Phu, Director General of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, in order to further improve the quality of business support activities and trade promotion, especially for agricultural exports, the Mekong Delta needs to adopt regional strategic goals on information technology application and digital transformation. Localities need to focus on forming digital ecosystems, quickly issue growing area codes to ensure traceability of agricultural products, and build brand names for products, businesses and industries in parallel with trade promotion activities. … [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
In this early phase of the vaccine rollout, CVS has been administering vaccines inside long-term care facilities after states allocate the doses under contract with the federal government. Lynch said the pharmacy chain is just coming up on 1 million vaccines administered this week in long-term care facilities. … [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
HCM CITY — Vietnamese farm produce exporters are expected to benefit from increased participation in global value chains as a result of the Regional Comprehensive Economic Partnership (RCEP) and the UK-Việt Nam Free Trade Agreement (UKVFTA), speakers said yesterday at a conference in HCM City. … [Read more...] about Agricultural exports set to join more global value chains as new FTAs take effect