Vietnam targets private-sector development Business

Vietnam targets private-sector development

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.
Major Thai banks pledge support to pandemic-hit SMEs World

Major Thai banks pledge support to pandemic-hit SMEs

The Thai Bankers Association on November 2 said that major Thai commercial banks have pledged to provide financial support to small- and medium-sized enterprises (SMEs) amid a fragile economy rocked by the COVID-19 pandemic.
HDBank remains on high growth path in Q3 Business

HDBank remains on high growth path in Q3

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Reign of COVID-19 in Vietnam short-lived: US magazine World

Reign of COVID-19 in Vietnam short-lived: US magazine

The reign of COVID-19 in Vietnam has been watery and short-lived, in contrast to other countries like Italy or the United States thanks to an unique approach to testing, US-based Borgen Magazine said in a recent article.
Regional cooperation to develop supporting industries Business

Regional cooperation to develop supporting industries

The Sai Gon Hi-tech Park and industrial parks and economic zones in the southern provinces of Long An, Binh Duong, Dong Nai and Ba Ria-Vung Tau will work together to develop supporting industries under an agreement clinched on October 28.
ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia World

ADB: MSMEs key to post-COVID-19 recovery in Southeast Asia

A new report from the Asian Development Bank (ADB) shows that strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated by the coronavirus disease (COVID-19) pandemic.
Pandemic a test of fire for Vietnamese enterprises Business

Pandemic a test of fire for Vietnamese enterprises

The COVID-19 pandemic has been a test for Vietnamese businesses as many have been and will be struggling to recover for the foreseeable future. Those who emerge from the crisis will have proven their mettle by overcoming an unprecedented and difficult time, said business leaders.
Tax cut welcome but not enough: businesses Business

Tax cut welcome but not enough: businesses

The Government's 30 percent corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts.
Ca Mau conference seeks way to optimise EVFTA, EVIPA Business

Ca Mau conference seeks way to optimise EVFTA, EVIPA

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) will generate many opportunities for firms in Ca Mau, especially those operating in the areas of the Mekong Delta province’s strength like agro-forestry-fishery, heard a conference held in the locality on October 8.