Expected reform in anticipation of TPP deal Business

Expected reform in anticipation of TPP deal

Economists have called for improving the business climate, fine-tuning market economy regulations and increasing dialogues with businesses in anticipation of the TPP reached on October 5.
Remittances won't be reduced: experts Business

Remittances won't be reduced: experts

The central bank's recent dollar deposit reduction would not have a negative effect on Vietnamese remittances from overseas because an insignificant amount of the remittances went into savings.
 SMEs prepare for economic integration Business

SMEs prepare for economic integration

In the context of fiercer competition, businesses, especially small-and medium-sized enterprises (SMEs), should build their own markets apart from selling what the market demands.
TPP helps small, medium businesses: experts Business

TPP helps small, medium businesses: experts

The Trans-Pacific Partnership deal (TPP) will offer more business opportunities for local small- and medium-sized enterprises (SMEs) though many challenges still remain, experts said.
Survey finds optimistic outlook for Q3 Business

Survey finds optimistic outlook for Q3

Vietnam's enterprises have a positive outlook on the business climate for the third quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.
M&A market boom expected to continue Business

M&A market boom expected to continue

The boom in Vietnam’s mergers and acquisitions (M&A) market is expected to continue in 2015 and onwards as the government pushes the equitisation of State-owned enterprise.
Business

Vietnam to benefit from RCEP market region

Vietnam will be able to access a huge market of 3.4 billion people when it joins the Regional Comprehensive Economic Partnership (RCEP).

Countries in RCEP will have a combined GDP of 21 trillion USD, accounting for 29 percent of the world's GDP, said Nguyen Anh Duong, Deputy Director of the Central Institute for Economic Management (CIEM).

Speaking during a workshop held in Hanoi on July 17 on the impact of RCEP on Vietnam's economy and the opportunities and challenges it would pose, Duong said regulations on origin in RCEP would be simpler and more liberal than in other economic pacts. In addition, the parties would make more commitments on freedom of trade in goods and services and investment.
Business

Retail industry needs support

Besides efforts made by enterprises to improve their competitiveness, the Government must develop new policies to assist local retailers in an increasingly competitive business environment, heard a seminar in Ho Chi Minh City on October 15.
Local firms face FTA challenges Business

Local firms face FTA challenges

Vietnamese enterprises are preparing for further integration as the country is close to signing many free-trade agreements (FTAs), which will bring not only opportunities but also challenges.
Business

TPP opens the door to market expansion

The Trans-Pacific Partnership (TPP) agreement is a double-edged sword that brings both challenges and opportunities to Vietnam, radio The Voice of Vietnam (VOV) reported, citing experts at a recent seminar.
Business

Credibility critical for Vietnam’s economic future

Vietnam's economy has been stable for the first half of the year with a GDP growth rate of 5.18 percent and inflation at 1.38 percent. As there remain difficulties in the year ahead, it is important to continue to confidence-building measures in Vietnam's economy. Dr Vo Tri Thanh, Deputy Director of the Central Institute for Economic Management talks about the issue.