Corporate profit falls 60 percent in 2010-2015 Business

Corporate profit falls 60 percent in 2010-2015

The corporate profit growth stood at 7.5 percent from 2010 – 2015, falling 60 percent from the rate of the 2005-2010 period, according to the General Statistics Office under the Ministry of Planning and Investment.
Enterprises upbeat about Q4 business prospects Business

Enterprises upbeat about Q4 business prospects

About 85.6 percent of the surveyed 4,028 enterprises in the processing-manufacturing sector expect to maintain their current growth trends or expand their business operations in the fourth quarter.
Business

New laws to improve business environment

The health of the business community is expected to show progress this year along with institutional reforms that should improve the business climate and competitiveness.
Business

Much remains to be done to better FDI quality

Much remains to be done to attract quality foreign direct investment (FDI), and State agencies will do their best to facilitate FDI firms’ operation and bolster their confidence in Vietnam, Director of the Foreign Investment Agency Do Nhat Hoang said.
FDI enterprises a driving force for many industries Business

FDI enterprises a driving force for many industries

Foreign-invested enterprises play an important role in bolstering the growth of many sectors, especially the processing and manufacturing industries, according to the General Statistics Office (GSO).

The GSO also affirmed that the foreign-invested sector has helped in economic re-structuring and dealing with many social issues while furthering the country’s integration into the global economy.
Business

Experts urge caution in macro-economy control

Economic experts have warned that Vietnam’s macro-economy must be controlled with caution as the country faces an uphill task to achieve an economic growth of 5.5 percent, in the context of tough economic conditions both globally and domestically.