Keyword: "businesses"

The ITE HCMC 2025 will feature 16 main activities, including trade connections, forums, conferences, and workshops.

With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce. 

The total number of newly established enterprises in the first two months reached only 20,781, down 8.9% year-on-year.

Prime Minister Pham Minh Chinh, along with Deputy Prime Ministers Ho Duc Phoc and Nguyen Chi Dung, chaired a dialogue with US businesses in Hanoi on March 1.

Businesses now play an increasingly vital role in socio-economic development, contributing about 60% of the national GDP, accounting for 98% of the country’s total export revenue, and generating jobs for some 85% of the workforce nationwide.

A report by market research firm Statista highlights that Vietnam’s e-commerce market is currently dominated by major platforms such as Shopee, TikTok Shop, Lazada, and Tiki.

Close to 22,800 enterprises returned to the market in January, surpassing the previous peak of about 19,100 businesses recorded in January 2022.

Prime Minister Pham Minh Chinh has urged the banking sector to make an important contribution to maintaining macroeconomic stability, promoting growth, ensuring major balances; reducing costs to reduce lending rates; and providing credit to prioritised industries and programmes.

Prime Minister Pham Minh Chinh held a working session with leaders of prominent Vietnamese enterprises in the Czech Republic, and Europe on January 19 (local time), as part of his ongoing official visit to the European nation.

The Cambodian government on December 28 decided to reduce e-visa fees for tourists and businesses or ordinary people from January 2025.

The People’s Committee of Ho Chi Minh City and the Lao Consulate General in the city on December 27 oganised a Vietnam-Laos trade and investment promotion forum which aimed to boost connections between the two countries’ businesses and investors.

An awards ceremony for the Vietnam National Quality Awards and Asia-Pacific Awards for 2021-2023 was held in Hanoi on December 18, announcing 133 winners of the prestigious national awards and two others of the regional awards.

More than 218,500 enterprises were established and resumed operations in Vietnam in the past 11 months of 2024, a year-on-year increase of 7.4%, according to the General Statistics Office (GSO).

After a period of downturn, many of Vietnam’s key export sectors, including textiles and footwear, have experienced a robust recovery, with some products posting double-digit growth rates.

Deputy Prime Minister Tran Hong Ha received a delegation of the Mouvement des Entreprises de France (MEDEF) or the Movement of French Enterprises - the largest employer federation in France on November 18 in Hanoi.

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

The 12th Zhejiang Expo in Vietnam opened in Ho Chi Minh City on September 26 in parallel with the Vietnam Sport Show and the Vietnam Cycle Expo.

Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital, according to the General Statistics Office (GSO).

Prime Minister Pham Minh Chinh on September 8 called on people, businesses, organizations and localities to provide aid, and support for those affected by typhoon Yagi, the third storm to hit Vietnam this year.