Tag: Petrovietnam Transportation Corporation

The General Secretary has called for a significant enhancement of the investment and business environment, emphasizing the need to expand decentralization and delegation of authority. This includes a thorough review and reduction of administrative procedures, empowering officials and civil servants with greater decision-making autonomy and accountability. Simultaneously, efforts must be made to minimize compliance time and costs for citizens and businesses. The directive firmly rejects the outdated mindset of "if it can't be managed, it should be banned," advocating instead for proactive and efficient governance.

According to the General Statistics Office, Vietnam's total import-export turnover for 2025 reached $930.05 billion, marking an 18.2% increase compared to the previous year. Exports grew by 17.0%, while imports rose by 19.4%. The country recorded a trade surplus of $20.03 billion in goods.

Despite the textile market's modest 3% growth forecast, Vietnam National Textile and Garment Group (Vinatex, UPCoM: VGT) ambitiously targets higher growth. This strategy hinges on expanding market share and enhancing operational efficiency.