Japanese firms keen on Vietnam Business

Japanese firms keen on Vietnam

About 64 percent of Japanese enterprises plan to continue expansion of their business in Vietnam due to its favourable investment environment.
Vietnamese enterprises have low productivity: report Business

Vietnamese enterprises have low productivity: report

The productivity and competitiveness of Vietnamese enterprises remain low, according to a report on the manufacturing and processing industries which was publicized on April 26 by the Vietnam Academy of Social Sciences, the Ministry of Planning and Investment and the UNDP.
Exchange rate to be stable in 2019 Business

Exchange rate to be stable in 2019

The Vietnamese Dong would remain stable against the US dollar in the near future, supported by the country’s robust foreign direct investment (FDI), a healthy current account surplus, and by the central bank’s active intervention, experts forecast.
Efforts needed to improve FDI quality Business

Efforts needed to improve FDI quality

Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy still modest, necessitating a change in mindset to lure investment.
Labour crucial for Industry 4.0: Experts Business

Labour crucial for Industry 4.0: Experts

Vietnam needs to invest in human resources to take advantage of and keep updated about the fourth industrial revolution, Nguyen Van Thu, President of the Vietnam Association of Mechanics said.
Vietnam, France vow to remove trade barriers Business

Vietnam, France vow to remove trade barriers

Vietnam and France have agreed on the necessity of removing trade barriers and obstacles in market approaches through bilateral dialogues, including Vietnam lifting its ban on French beef.
Business

Vietcombank lends money to Chinese-invested business

The Joint Stock Commercial Bank for Foreign Trade of Vietnam’s ( Vietcombank) chapter in northern Nam Dinh province formalised a deal to provide 128 billion VND (5.9 million USD) for Chinese-invested Yulun company to build its yarn-producing factory in the locality.
Business

Fostering innovation is essential: workshop

Fostering a culture of innovation is essential to improve productivity, including embracing technological advances in production and management, said business operation expert Nguyen Dang Tien.