The Ministry of Trade on Thursday discussed a proposal to develop a centre to , store and trade raw materials for textile and leather footwear production.
Covering 120,000sq.m in the Bỉm Sơn Industrial Park, the factory will over 1,500 jobs for local people, with an estimated goods output of about US$100 million each year in the first phase, congthuong.vn reported.
Prodexpo, an annual trade fair for the food industry held every February, saw the participation of more than 2,100 companies from 40 countries and territories.
Increasing domestic supply of raw materials is among the highest priorities for the development of Viet Nam''s livestock feed industry in the future, said policymakers and industry experts.
At the recent online meeting in HCM City, Lý Kim Chi, President of the Food and Foodstuff Association of Hồ Chí Minh City (FFA), said that up to now, many food companies have still maintained their production. However, some of...
The prices of raw materials for food processing have increased continuously since the outbreak of the COVID-19 pandemic, which is expected to dramatically affect the profits of food firms in 2021.
While most textile and footwear enterprises in Việt Nam struggled to find alternative sources of raw materials to maintain production, some with local sources have survived during the Covid-19 pandemic.
Viet Nam’s key industries such as textiles, rubber and plastic must take measures to prepare for a shortage of raw materials as a result of the outbreak of the novel coronavirus in China, warned industry leaders and economic experts.
The textile industry suffers from a shortage of raw materials since they are mostly imported from China, which is reeling under the coronavirus epidemic.
Earlier this month the US Department of Commerce (DOC) announced preliminary rulings on the circumvention inquiries into Vietnamese cold-rolled steel and corrosion-resistant steel exports made from raw materials imported from Taiwan and South of Korea. Viet Nam News correspondent Thu...