Vietnamplus

Nearly 67,100 enterprises were established in the first half of this year, according to the General Statistics Office.

Using online platforms to boost exports is the fastest way to bring Vietnamese goods to the world, said business leaders and industry experts.

Support from the State is urgently needed to help firms maintain operation and surmount challenges as the COVID-19 pandemic has dealt a heavy blow to most manufacturing and services businesses, according to head of the Prime Minister’s economic advisory group Nguyen Duc Kien.

Regulatory overlapping was the biggest problem at State-owned enterprises (SOEs) since they were handed over to the Commission for the Management of State Capital at Enterprises, officials have said.

The Orient Commercial Joint Stock Bank (OCB) earned almost 1.12 trillion VND (48.22 million USD) in pre-tax profits in the first half of 2019, with net revenue from business operation reaching over 2.74 billion VND, equivalent to 106 percent of the result in the same time last year.

Ho Chi Minh City-based companies will need to fill some 20,000 job vacancies in June, the city’s Centre for Forecasting Manpower Needs and Labour Market Information (FALMI) said.

Deputy Prime Minister Vuong Dinh Hue hosted a reception for Nike Vice President Chris Helzer in Hanoi on June 10.

The Vietnam Oil and Gas Group (PetroVietnam) reported rosy business operation in the first seven months of the year, exceeding its set plan and on the way to achieve annual target, despite considerable risks involved in the global economy.

Standing Deputy Prime Minister Truong Hoa Binh applauded efforts and robust achievements made by the overseas Vietnamese businesses, especially the role of the Business Association of Overseas Vietnamese (BAOOV) in the national construction and protection.

Up to 82.6 percent of the processing and manufacturing enterprises said they enjoyed a more stable and better business operation in the second quarter of the year, according to the General Statistics Office of Vietnam.

There has been good progress in investments in Laos, with 4,118 enterprises registering and being approved for investment between January and June, according to Lao Prime Minister Thongloun Sisoulith.