Vietnam must continue to maintain stability, accelerate restructuring and improve the competitiveness of the economy in the face of ongoing global headwinds, members of a think-tank report.
The Vietnam Chamber of Commerce and Industry (VCCI) and 21 municipal and provincial authorities signed an agreement in Hanoi on September 22 to jointly create a favourable business environment.
Deputy Prime Minister Vuong Dinh Hue affirmed that a start-up ecosystem seminar is an opportunity for the Vietnamese Government and Hanoi to learn from Israel, a successful start-up nation.
A project on enhancing opportunities for women’s enterprises (EOWE) has been launched in the four central provinces of Binh Thuan, Ninh Thuan, Quang Binh and Binh Dinh.
Vietnam’s Minister of Planning and Investment Nguyen Chi Dung discussed with WB senior officials the preparations for Vietnam’s “graduation” from IDA capital sources during his visit to the US.
Hanoi ranked third among localities nationwide in attracting foreign direct investment (FDI), heard a conference held by the municipal People’s Committee in Hanoi on August 31.
The Government convened its regular monthly meeting on August 30 with an agenda focusing on institutions building and reviewing the implementation of socio-economic tasks.
Mobile phone apps to help students study and people find houses for rent were among many innovative business ideas, products and services presented and discussed on Start-up Day 2016 on August 27 .
Another 32 cities and provinces nationwide have committed to creating optimal conditions for businesses, raising the total number of localities to more than 40.
Vietnam must build a creative and sustainable eco-system for the Internet of Things (IoT) in order to take part in the international IoT supply chain and achieve a turnover of 10 billion USD by 2020.
About 3,000 businesses will offer their best products and services at lower prices on the Online Friday 2016, the year’s biggest e-commerce event held on the first Friday of December.
Vietnam is paying special attention to business development, with the government promoting start-up movements so that nationwide businesses will double to a million within the next five years.
A Ministry of Planning and Investment fund will finance small- and medium-sized enterprises (SMEs) with a total amount of 660 billion VND (29.3 million USD) this year, an official said.
The Ministry of Planning and Investment is developing a plan on restructuring the economy by 2020 aiming to renovate the growth model towards improving efficiency and competitiveness of the economy.
Eight out of 14 start-ups of the Topica Founder Institute (TFI) introduced their products and called for investment at the Topica Founder Showcase 2016, held in Hanoi on August 10.
Entrepreneurs running around 100 start-ups will present their products and innovative ideas to convince investors to invest in their businesses at the 2016 Start-up Exchange to be held in HCM City.
Vietnam plans to impose a 17 percent corporate income tax (CIT) for four years from January 1, 2017, on businesses making less than VND20 billion (893,000 USD) in revenue.
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