Vietnamplus

The Vietnam Report JSC and VietNamNet e-newspaper announced the 500 largest enterprises in Vietnam (VNR500) in 2020 at a ceremony in Hanoi on November 10.

Vietnam needs to develop a strategy to promote the development of the private sector over the next decade to maintain growth, speakers said at a conference on socio-economic development from 2021 to 2030 recently held in HCM City.

The Lao government has announced that it will manage and address public debt in various ways as it seeks to ease the country’s financial tensions.

The Ministry of Industry and Trade (MoIT) held a forum in Hanoi on October 29 to look at ways to improve the competitiveness of Vietnamese goods and take advantage of new generation trade agreements.

Smart planning plays a key role in developing smart cities, experts told a workshop held in Hanoi on October 22 within the framework of the ASEAN Smart Cities Summit and Expo 2020.

Vietnamese and Mexican enterprises should take full advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to promote bilateral trade and investment, according to insiders.

Bac Ninh province, a major investment magnet and industrial hub in the north of Vietnam, earned 26.13 billion USD from exports in the first nine months of 2020, up 6.8 percent year-on-year.

The northern province of Bac Ninh has set itself a target of 2,500 new enterprises each year in the period from 2020 to 2025, as part of its scheme to support small and medium-sized enterprises (SMEs).

Vietnam’s robust economic performance over the past three decades has been heavily dependent on exports and foreign direct investment (FDI), with foreign invested companies accounting for 67.8 percent of the country’s total export turnover in 2019, according to the Institute of Southeast Asian Studies (ISEAS) of Singapore.

An online forum entitled "From survival to prosperity: Stay firm to overcome crisis" was held on August 20 to discuss measures to combat the "COVID-19 storm”.

The impacts of the novel coronavirus disease (COVID-19) pandemic have been felt across the aviation industry in Vietnam, as flights have been canceled and travellers still choose to stay off airplanes amidst the ongoing pandemic.

The top 10 most valuable brands in Vietnam 2020 are worth 8.1 billion USD, increasing by 17 percent from last year and accounting for 30 percent of the list’s total value, according to Forbes Vietnam magazine.

The European Union-Vietnam Free Trade Agreement (EVFTA) officially took effect on August 1, ushering in a new chapter in economic and trade relations between the two sides.

Economists have said Vietnam would gain many benefits from a full and modern market economy.

The State Securities Commission was established on November 28, 1996 in line with Decree No. 75/1996/ND-CP of the Government. The Ho Chi Minh City Securities Trading Centre was formed in accordance with a decision dated July 11, 1998.

Many private enterprises said they want to invest in building renewable energy infrastructure, but Vietnam still lacks mechanisms to encourage private enterprises to participate in this activity.

Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push for post-pandemic economic growth, experts said.

The successful global introduction of a Vingroup product – whether it’s a car or a ventilator – could change the way the world sees Vietnam.

State budget collections in HCM City in the first four months were estimated at over 117 trillion VND (5 billion USD), 28.9 percent of the estimate and down 12.4 percent year-on-year, the city’s Statistics Office reported.

Businesses have taken measures to minimise the adverse effects of the COVID-19 pandemic, said a research committee on private firms under Prime Minister Nguyen Xuan Phuc’s Advisory Council for Administrative Procedure Reform.