Private sector has big role in HCM City’s economic development Business

Private sector has big role in HCM City’s economic development

Seeing the important role of the private sector to local development, Ho Chi Minh City will work to attract more private investment to carry out smart urban area projects and branch out Industry 4.0 services, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
SMEs’ productivity: Better, but still limited Business

SMEs’ productivity: Better, but still limited

Although Vietnam has focused on increasing labour productivity and overall productivity growth, there have been relatively few opportunities for small- and medium-sized enterprises (SMEs) to get customised support as they grow, said Max Bulakovskiy, policy analyst in Global Relations at the Organisation for Economic Cooperation and Development (OECD).
Binh Thuan speeds up agricultural restructuring Business

Binh Thuan speeds up agricultural restructuring

Accelerating agricultural restructuring towards national-scale, high-tech production has become a key goal for the central coastal province of Binh Thuan as it aims to reach an average 3.3-3.8 percent annual growth for its agro-forestry-fishery sector during the 2018-2020 period.
Tra Vinh seeks higher labour productivity Business

Tra Vinh seeks higher labour productivity

The Mekong Delta province of Tra Vinh plans to increase the production values of the agro-forestry-fishery sector by more than 4 percent by 2020, according to the provincial People’s Committee.
HCM City wishes to lead in startup activities Business

HCM City wishes to lead in startup activities

As Vietnam’s economic hub, Ho Chi Minh City boasts advantages to develop startups, with its science-technology resources accounting for 25 percent and the number of operating businesses taking up 50 percent of the country’s, while its labour productivity is 2.5 times higher than the national average.