Economy

Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.

Vietnamese supporting industry enterprises for the electronics industry participate in the value chain, however, most of them only provide simple products with low technology and value.

Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.

Nearly 10 percent of Vietnamese firms lack capital and money for their business, especially micro-, small- and medium-sized enterprises.

With quality honey products, over the past time, Quang Vinh honey establishment has been known and trusted by many customers.

Vietnam’s total output of electricity from renewable energies hit 9.5 billion kWh in the first four months of 2021, up 156.9 percent year-on-year, and accounting for 11.8 percent of the total electricity output.

Before the latest withdrawal of Vinsmart, Japanese giants like Panasonic, Toshiba, and Sharp also dropped out of the Vietnamese television market.

In recent years, the connection of production and product consumption is considered one of the important solutions, greatly affecting the production and business efficiency of the cooperatives.

The Ministry of Agriculture and Rural Development is working to promote the distribution of farm products amid the fourth outbreak of COVID-19 in Vietnam as well as establish a resilient agriculture sector.

According to Deputy Director of Long An Power Company - Nguyen Hoang Hai, in the 2016-2020 period, the electricity industry mobilized investment capital of nearly 600 billion VND to erase the shared galvanometer in the area.

Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.

Vietnam posted a trade surplus of over 1.29 billion USD in the first four months of the year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.