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Factories brace for ‘cold winter’ as Western orders decline

Factories brace for 'cold winter' as Western orders decline

Vietnam’s factories are bracing for a challenging end-of-year season as plunging orders from their main markets, U.S. and Europe, hamper their post-pandemic recovery. For the last several months, workers at bag manufacturer Virtue King Vietnam have not had overtime because there is no extra work for them after their eight-hour …

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Southeast Vietnam to become major development hub: Party chief

Vietnam will build its Southeast region into an area that connects development of the Mekong Delta, Central Highlands region, and the nation as a whole, says Party chief Nguyen Phu Trong. In particular, HCMC will emerge as an economic hub, an international financial center and a destination for the middle …

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