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Vietnam

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bafccafc vietnam footwear

Moving up the global value chain: how Vietnam outpaced Thailand

In response to the exodus of tech companies from China in 2020, Vietnam set up a special working group to entice high-tech investments by providing customized incentives above and beyond what was required by law.
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QR Payment between Viet Nam and Thailand officially launched

Official Launching of the Cross-border QR Payment Linkage between Viet Nam and Thailand
An Introduction to Vietnam’s Import and Export Industries

Vietnam’s GDP rises by 13.67% in Q3 led by U.S. exports

Vietnam’s economic growth is being led by exports to the U.S., which in the January-September period expanded 25.4% from the same period of 2021.
bafccafc vietnam footwear

Lockdowns and Salaries Rise: Footwear Manufacture Shifts from China to Vietnam

While global demand for footwear is growing, Vietnam’s footwear industry is likely to benefit as manufacturers leave China in search of lower labor costs and greater international market access.
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Why Apple is Looking to Vietnam to reduce its reliance on China

Currently, more than 90 percent of Apple devices, such as iPhones, iPads, and MacBooks, are made in China. Experts suggest that Apple’s heavy dependence on China brings potential risks, especially when the US-China trade war shows no signs of de-escalating.
An Introduction to Vietnam’s Import and Export Industries

Vietnam-Russia New Sea and Rail trade Route

For the past five years, goods transportation by rail to Russia has been used intensively to meet the increased orders of Vietnamese exporters and importers, especially in the field of infant foods, beverages, footwear, and clothing.