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The manufacturing industry plays an important role as the backbone of the economy and a driving force for growth. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Enterprises must improve the quality and quantity of domestic tier 1 and tier 2 suppliers, to increase their ability to participate in the supply chain and improve …

Vietnamese exporters of seafood to Russia and Ukraine are in trouble, with some reporting double-digit percentage declines as the military confrontation between the two countries continue. Five Vietnamese catfish exporters to Russia have reported a year-on-year drop in export value by 29.8 percent to $2.18 million in January, according to …

Oil prices settled around 4 percent higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude. Oil prices have surged more …