Vietnam's new businesses hit 5-year high
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.
The Vietnamese Government will create optimal conditions for US enterprises to invest successfully in Vietnam and is willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyen Xuan Phuc.
n 2018, despite enormous competition pressure from markets around the world, Vietnam's agricultural export turnover still rose strongly, reaching a record of over US$40 billion.
Ninh Binh's rapidy growing industrial production in recent years has led to the great demand for raw materials, components, equipment and accessories serving production. However, enterprises operating in support industries have so far accounted for a small proportion of the locality's total industrial production value. Recognising the important role of the support industries, the Government, ministries, and Ninh Binh province have issued numerous documents to boost the development of the support industries.
The application of various stimulus measures in developing enterprises' production and trade allowed the northern province of Ninh Binh's export activity to enjoy robust growth with sharp rises in terms of turnover and market in 2018.
PM Nguyen Xuan Phuc reaffirmed the importance of State-owned enterprises (SOEs) as a necessary tool to regulate the economy while addressing a conference in Ha Noi on November 21.
The Vietnamese Government is making concerted efforts to improve business climate for both domestic and foreign enterprises, including those from the Europe, Prime Minister Nguyen Xuan Phuc said on October 17.
The Prime Minister has approved the restructuring plans for five of the six major State-owned enterprises (SOEs), and two large corporations under his jurisdiction, in the first half this year.
Up to 429 new enterprises were established in the northern province of Ninh Binh in the first six months of 2018.
2,5 years after the ASEAN Economic Community was established, enterprises in Vietnam have found a way to capitalise on the bloc's import tariff cuts and expand their exports, helping to narrow the years-long trade deficit between Vietnam and ASEAN.
The Vietnam National Administration of Tourism (VNAT) is inviting hospitality enterprises involved in travel, hotel, transportation, catering and entertainment to join a programme to promote Vietnamese tourism in North America starting this September.
Over 52,300 enterprises were formed nationwide in the first five months of the year, with a total registered capital of VND517 trillion (US$22.64 billion).
A ceremony was held in Hanoi on April 22 to honour 77 enterprises which won the 2017 National Quality Awards and International Asia Pacific Quality Award (IAPQA).
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.
Approximately 89.6% of surveyed enterprises in the manufacturing industry said that their business and production activities will be stronger and more stable in the second quarter of 2018.
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.
Prime Minister Nguyen Xuan Phuc highlighted the theme of the 24th APEC Small and Medium Enterprises Ministerial Meeting (SMEMM), saying it demonstrates the aspiration of Vietnam to cooperate with other APEC member economies to foster SMEs' innovation and global access in the digital era.
Ninh Binh's Department of Industry and Trade has over the years cooperated with relevant branches, and sectors to launch synchronous measures to improve the investment environment, remove difficulties, and increase competitiveness for enterprises.
Prime Minister Nguyen Xuan Phuc has asserted to Dutch firms that Vietnam is making concerted efforts to build a transparent government that facilitates development and creates favourable conditions for both domestic and foreign enterprises.
Prime Minister Nguyen Xuan Phuc hosted a reception on June 18 in Hanoi for a delegation of press agencies and enterprises that will attend the 2017 Asia-Pacific Economic Cooperation (APEC).
The PM has recently approved a project on the restructuring of State-owned enterprises (SOEs) in the period of 2016-2020, with a focus on State-owned economic groups and corporations.
National Assembly deputies debated the draft bill on supporting small and medium-sized enterprises (SMEs) during the ongoing third meeting on May 23rd.
Ninh Binh has had 602 new enterprises with a total registered capital of over VND 6.9 trillion (303 million USD) over the past 11 months, 82 more in the number of enterprises than the same period last year.