Prime Minister highlights pioneer role of FDI firms in green growth
Prime Minister Pham Minh Chinh on March 19 chaired a meeting with FDI enterprises and the annual Vietnam Business Forum (VBF) in Hanoi.
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Prime Minister Pham Minh Chinh on March 19 chaired a meeting with FDI enterprises and the annual Vietnam Business Forum (VBF) in Hanoi.
A record number of 103,658 new firms were established in the first eight months of this year, a rise of 2.3% year on year and 1.2 times higher than the average number for the same period during 2018-2022, reported the Ministry of Planning and Investment (MPI).
Prime Minister Pham Minh Chinh chaired a hybrid meeting with foreign-invested enterprises and business associations on September 17, during which he pledged to create favourable conditions for FDI enterprises to invest successfully and sustainably in Vietnam.
Chairman of the Ninh Binh Provincial People's Committee Pham Quang Ngoc on July 27 led a working delegation to inspect production and business activities of enterprises in Gia Van Industrial Cluster in Gia Vien district.
An additional 3,422 new digital firms were established in the first six months of 2022, bringing the total number of such firms in Viet Nam to 67,300, according to the Ministry of Information and Communications (MIC).
As of mid-June, 13 ministries and agencies had joined the Viet Nam National Single Window (NSW) which provided 249 administrative procedures, digitalized 4.92 million applications from over 54,800 enterprises, according to the Viet Nam Customs.
The Vietnam General Council of Agriculture and Rural Development has recently held a ceremony to honor 119 golden agriculture brands of Vietnam in 2021, including 5 agriculture products of Ninh Binh firms.
While a number of foreign companies have moved part of their production or orders to other countries, many still see Vietnam as a good location for investment in the long term.
Recently, the Ministry of Industry and Trade (MoIT) has issued a Decision No 1974/QĐ-BCT on publishing the list of "Prestigious Export Business" for 2020, in which as many as 315 companies nationwide has won the tittle.
The Ninh Binh Provincial People's Committee has issued a plan to develop digital enterprises in the 2021-2025 and 2026 -2030 periods in a bid to help local businesses gradually master technologies and build new products, services, solutions and models based on digital platforms, thus promoting the development of digital economy and digital society in a fast and sustainable manner.
Tourism firms are speeding up digital transformation to better adapt to the circumstances in the pandemic through switching to new models and methods of business administration and operation, while creating novel and unique products.
Travel companies have been optimistic about a recovery after being battered by COVID-19 as the summer holiday nears and the pandemic is well controlled in the country.
The National Assembly's resolution on reducing corporate income tax by 30% for small and medium-sized businesses came into effect on August 3.
Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.
More than 800 businesses and 8,700 employees have been affected by the COVID-19 epidemic, according to the Ministry of Labour, Invalids and Social Affairs.
The Republic of Korea (RoK) poured US$2.32 billion into Vietnam in the first four months of 2018, accounting for nearly 30% of the inflow of investment in the Southeast Asian country.
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).
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.
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.
Vietnam totalled over 105,000 nationwide newly established companies in the first ten months of the year, a year-on-year increase of 14.6 percent, according to the Enterprise Development Agency under the Ministry of Planning and Investment.
Northern Ninh Binh province will send four businesses to a high-quality Vietnamese goods fair that will be held in Moscow, Russia from November 11 to December 12.
President Truong Tan Sang discussed incentives for attracting foreign investment with Japan business persons at a reception on September 5.