While the Russia-Ukraine conflict has left negative impacts related to transport, inflation and international payments on import and export activities, it could also create opportunities for businesses which adopted timely adaptation measures, experts have said.
The Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency will organise an event on April 21 to help domestic firms increase exports to the German market.
A trade forum has been held online for Vietnamese and South African coal businesses to seek stronger coal trading cooperation between the two sides to meet coal demand for production and electricity generation in Vietnam.
The Ministry of Finance (MoF) will support businesses when implementing the socio-economic recovery and development programme, Finance Minister Ho Duc Phoc said.
The Ministry of Industry and Trade (MoIT) on April 5 held a conference to evaluate trade promotion activities in the first quarter of this year and seek ways to help localities, economic sectors and businesses surmount difficulties and build strategies to expand international trade activities in the new situation.
The Mekong Delta province of Tien Giang earned 884 million USD from exports in the first quarter of 2022, up 17.5 percent year-on-year, and equal to 26.4 percent of the target set for the year, according to the provincial Department of Trade and Industry.
The national digital strategy aims to develop the information, communication and technology (ICT) digital economy with a focus on ‘Made-in-Vietnam’ businesses. The digital strategy is to create a platform to attract foreign direct investment (FDI) and increase exports.
Deputy Minister of Industry and Trade Tran Quoc Khanh has urged Vietnamese enterprises to seize opportunities in the UK market, as the potential under the new free trade agreement remains huge.
A forum to promote foreign investment into Vietnam themed “A new era of digital transformation and green transition” took place in London on March 30 as part of the Vietnam Days in the UK 2022.
About 29,300 businesses have been set up so far this year with a combined registered capital of 447.8 trillion VND (19.61 billion USD), data from the Ministry of Planning and Investment showed.
Disbursement of foreign direct investment in Vietnam rose by 7.8 percent compared to 2021 to 4.42 billion USD in the first quarter of this year, a five-year record.
Hanoi has set aside more than 2 trillion VND (87 million USD) in funds to support poor households, vulnerable groups, and small-to-medium sized businesses in a bid to speed up the capital's economic recovery.
The Vietnam Chamber of Commerce and Industry (VCCI) is ready to cooperate with the British Chamber of Commerce (Britcham) in supporting enterprises, especially those engaged in renewable energy and sustainable development to limit waste and environmental pollution, VCCI Chairman Pham Tan Cong said.
There are great chances for businesses from Vietnam and the Francophone community to promote their partnership in agriculture, sustainable energy and digital product and service supply, heard a Vietnam-Francophone business forum on March 24.
Vietnam's assessment of future employment trends and how Vietnam is preparing for its workforce to respond to such trends are issues attracting attention from foreign businesses at the ongoing Singapore Apex Business Summit (SABS) 2022.