MoIT tightens export activities to lower goods prices

MoIT tightens export activities to lower goods prices

The prices of many domestic and imported raw materials have climbed by 10-300 percent. This fact has put many enterprises, especially food and foodstuff manufacturing enterprises, at risk of having to increase their selling prices. Amid such context, the Ministry of Industry and Trade (MoIT) has issued regulations to restrict the export of some groups of raw materials in the production chain of domestic enterprises. This is a necessary solution to lower the cost of these items.
City strives to prevent disruption of supply chain of essential goods

City strives to prevent disruption of supply chain of essential goods

Ms. Phan Thi Thang, Vice Chairwoman of the People's Committee of Ho Chi Minh City, on August 3, chaired a meeting on removing difficulties with food and foodstuff producers. Many enterprises said that the inconsistent application of social distancing measures to fight the Covid-19 pandemic among localities had been causing many difficulties for businesses, especially small and medium-sized ones.
Rubber industry needs to develop production chain

Rubber industry needs to develop production chain

Vietnam's rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.

Food processing at CJ Cau Tre Joint Stock Company. (Photo: SGGP)

Domestic food manufacturers capable of competing with foreign ones

As for Ho Chi Minh City, where about 70 percent of food and foodstuff manufacturing and processing enterprises in the country are located, many experts said that there should be mechanisms and policies to attract investment for the implementation of two important projects, comprising the project to develop cold storage warehouses and the project to build raw material growing areas, establishing a production chain of the industry.