TTO –  After a period of implementation, associations representing labor-intensive industries such as textiles, footwear, plastics, etc., have collectively proposed new production models to replace the application of “3 on-site” production due to numerous drawbacks and the potential risk of becoming COVID-19 hotspots. If adjustments are delayed, orders will be transferred to other countries, gradually […]

(ĐTTCO) – The complex development of the pandemic in Ho Chi Minh City and many southern provinces has led to more than 50% of plastic businesses having to close down, suspend production, or operate at a limited capacity, as they are unable to comply with the “3 on-site” or “one route, two destinations” plan. Plastic […]

TTO – Hyosung Vietnam Co., Ltd., a 100% Korean-owned enterprise, has proposed to the Ministry of Finance to increase import taxes on two HS codes of PP plastic resin from 3% to 6% and 6.5%, despite the fact that this company only meets approximately 1/7 of the demand, amounting to 2 million tons of PP […]

Covid-19 Pandemic adds fuel to US-China Confrontation, igniting a New Cold War with the risk of engulfing not only these two powerful countries but also the rest of the world. According to Reuters, a report from the China Institute of Contemporary International Relations (CICIR) warns that Beijing is facing an increasing wave of hostility from […]