The northern province of Bac Ninh is looking to lure more Korean investments, pledging to create the best conditions for both large corporations and small- and medium-sized enterprises to invest in the province, Chairman of the provincial People’s Committee Nguyen Tu Quynh has said.
The 4th meeting of the ASEAN-Norway Joint Sectoral Cooperation Committee (AN-JSCC) took place in Jakarta on May 5, focusing on ways to promote win-win cooperation between the two sides in a practical manner.
The private sector is seen as a mainstay of Hanoi’s economic development as the nearly 250,000 firms make up 40 percent of gross domestic product (GDP) and generate jobs for over 50 percent of the labourers in the city.
Almost all Vietnamese businesses are small and medium-sized, contributing greatly to the economy. Therefore, stimulating these businesses has played an important role in economic development.
Robot3T Group of Ho Chi Minh City designs and builds cost-effective robotics and automation products and solutions to meet small and medium-sized enterprises’ emerging needs for smart manufacturing systems.
The Party and Government of Vietnam pay special attention to addressing issues arising in the partnership with Japan, Deputy Prime Minister Vuong Dinh Hue has said.
The State Bank of Vietnam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.
The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at a conference connecting enterprises and banks in Hanoi on April 16.
The high rate of technology adoption in Vietnam presents vast opportunities for growth, according to Le Hong Minh, co-founder, chairman and CEO of technology company VNG Corporation.
Exporters need to pay attention to sustainability standards since today’s consumers want to know the conditions in which products supplied for them were made, heard the Vietnam Export Promotion Forum.
The Vietnam Trade Promotion Agency organised the Vietnam export promotion forum 2019 in Hanoi on April 12, with the aim of seeking measures to improve trade promotion and increase the efficiency of export promotion.
Under a recently issued programme, Vietnam is set to step up the use of and response to trade remedies to support the future development of several domestic industries.
The Ministry of Finance has added environmentally-friendly cars to the list of vehicles with spareparts entitled to special preferential import tariffs.
The Vietnam International Trade Fair 2019 (Vietnam Expo 2019) returned to Hanoi for its 29th edition on April 10, with a wide range of products on display, including machinery and equipment for the supporting industry, electronic goods, agricultural products, and food and beverages, among others.
The foundation day of the Indian Council for Cultural Relations (ICCR) was celebrated at a ceremony in the Mekong Delta province of Tien Giang on April 9.
Online import and export activities of small- and medium-sized enterprises (SMEs) are expected to develop further due to the low number of them currently embracing e-commerce, according to experts.
In experts’ view, the transfer of households to enterprises is necessary to standardise and avoid the current abuse. However, the problem is that it is difficult to transfer all of them immediately.
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