Vietnam's new businesses hit 5-year high
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The number of newly established enterprises reached nearly 54,000 in the first five months of 2019, which is the highest figure in the last five years, according to the Statistics Office.
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The number of newly established enterprises reached nearly 54,000 in the first five months of 2019, which is the highest figure in the last five years, according to the Statistics Office.
E-commerce and digital technology are creating great opportunities for Vietnamese businesses to enter the world market and participate in the global value chain as Industrial Revolution 4.0 is changing business and production models in a dramatic way.
PM Nguyen Xuan Phuc called on Chinese businesses to accelerate import of Vietnamese agricultural products for mutual benefits during a meeting with top Chinese business representatives in Shanghai on Sunday.
Updating technology and revamping administration are crucial for the existence and development of Vietnamese businesses amidst the fourth industrial revolution, experts said at a workshop in Ho Chi Minh City on April 12.
The 28th Vietnam International Trade Fair (Vietnam Expo) officially opened in Hanoi on April 11, attracting more than 550 booths from 500 enterprises both at home and abroad.
The Provincial Competitiveness Index (PCI) received feedback from 10,245 private enterprises in 63 provinces and cities and 1,765 FDI from 47 foreign countries and territories in 21 provinces and cities.
The foreign direct investment (FDI) sector contribute a modest amount to the State budget although they enjoy many incentives and get high profits.
International regulations on brand protection, inventions, and industrial designs as well as services of the World Intellectual Property Organisation (WIPO) were introduced to Vietnamese businesses at a conference held in Hanoi on October 24.
The Vietnamese electronics industry is proving an attractive destination for foreign investors, particularly Japanese businesses.
Do Nhat Hoang, head of the Foreign Investment Agency under the Ministry of Planning and Investment, has underlined the need for Vietnam to further improve its investment environment in order to attract more Japanese businesses.
Mozambique's Prime Minister Carlos Agostinho do Rosario has called upon Vietnamese businesses to engage more in trade, oil and gas, marine transport, and processing farm produce and seafood to soon realise the trade target set by the two countries' leaders.
Prime Minister Nguyen Xuan Phuc had a dialogue with leading German businesses operating in various fields such as information-technology, finance, healthcare, agriculture, and hi-tech industry in Berlin in July 6th.
Viet Nam encourages the Republic of Korea's businesses to expand investment in infrastructure development, renewable energy, supporting industry and food processing.