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Garment products are made at TNG Investment and Trading JSC in Thái Nguyên Province. Shares of TNG have slumped 13 per cent compared to the beginning of April. VNA/VNS Photo Hoàng Nguyên HÀ NỘI Despite a positive recovery in the first quarter of this year, textile company stocks continued to decrease. Even though positive earnings and good export results were recorded, major stocks in the textile and garment industry lost ground. Shares of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM) dropped 12 per cent compared to the beginning of April, trading at around VNĐ117,000 (US$5.11) per unit. ....
VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 11/05/2021
14:09 GMT+7 Vietnam would continue to be world’s second largest rice exporter: US department The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year. According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year. It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes. ....
Local groups impelled to adapt to trade deals 11:33 | 30/12/2020 Vietnam remains one of the top 10 exporters of textiles and apparel. However, with the harsh impact of the pandemic on the industry and strict rules of origins following transnational trade agreements, the sectorâs supply of raw materials faces a difficult start into the new year. Vietnamese businesses are being urged to take advantage of free trade agreements to help solve raw material issues, photo Le Toan The shortage of raw materials for the garment and footwear industries could be offset by foreign-invested enterprises (FIEs), but it may not be easy for them to sell their products to domestic manufacturers. ....