Vietnamese businesses

Update news Vietnamese businesses

COVID-19 affects Vietnamese businesses in benefiting from EVFTA

Although the Europe-Viet Nam Free Trade Agreement (EVFTA) is great news for Vietnamese businesses, they should not expect too much as the COVID-19 pandemic is still raging in Europe.

 

Programme to foster international market links for Vietnamese businesses unveiled

Vietnamese enterprises looking for new technologies or to promote their products internationally markets are encouraged to participate in the VCIC CONNECT Programme.

 

VN enterprises need protection from takeovers: experts

Vietnamese businesses reeling under financial stress due to the COVID-19 pandemic have become vulnerable to foreign takeovers and need the Government's support, according to experts.

 

Gov’t to cut, simplify at least 20 per cent regulations on business

The Vietnamese Government will cut or simplify at  least 20 per cent of the current regulations on business through 2025, according to Resolution No. 68/NQ-CP released on Wednesday.

Vietnamese enterprises proactive in coping with pandemic

Businesses have taken measures to minimise the adverse effects of the COVID-19 pandemic, said a research committee on private firms under PM Nguyen Xuan Phuc’s Advisory Council for Administrative Procedure Reform.

 

More companies invest in robot production as demand rises

More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Viet Nam, experts have said.

 

US-China trade deal forces firms to grow

The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings.

Firms rush to buy back shares following global trend

Following a global trend of share buybacks, many Vietnamese businesses are now repurchasing their own stocks to stablise prices.

Logistics market sees wave of investment from Japan, RoK

The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors, especially those from Japan and the Republic of Korea.

VN firms borrow money from banks rather than issue bonds

 The Vietnamese government’s decree 163, with loosened requirements on bond issuance, is expected to encourage businesses to seek capital from bond issuance and rely less on bank loans.

 

Optimizing conditions for Vietnamese businesses to grow

Prime Minister Nguyen Xuan Phuc affirmed the government's resolve to create the best possible conditions for businesses to perform, saying this is one of the important contents of a new resolution on support and development of enterprises

Local businesses should prepare for new wave of foreign funding

 VietNamNet Bridge – Hai Quan (Customs) newspaper spoke to Nguyen Van Toan, vice chairman of the Foreign Investment Business Association, about a new wave of foreign investment.

Vietnam companies face fierce regional competition

 VietNamNet Bridge – Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement,

Vietnam to sign crucial trade agreements

 VietNamNet Bridge – Between now and mid-2015, Vietnam is scheduled to sign a number of free trade agreement (FTA) with its major economic partners.

Local firms can spend more on ads

 VietNamNet Bridge – The removal of the cap on the tax deductibility of advertising will help Vietnamese businesses integrate into the world economy, attract foreign investment and effectively compete in other markets.

Poland offers fruitful lessons in agriculture

 VietNamNet Bridge – It is early summer and not yet the harvest season for apples in Europe, but the shelves of all supermarkets and even restaurants in Warsaw were stacked with the fruit.

National cohesion needed to reduce dependence on China

 VietNamNet Bridge – Vietnamese businesses should commit to lessening their reliance on imports from China, said National Assembly (NA) deputy Tran Xuan Hoa, Vietnam National Coal- Mineral Industries Group (Vinacomin) former Chairman.

PM Dung meets with Myanmar, Indonesia leaders

 VietNamNet Bridge – PM Nguyen Tan Dung has voiced Vietnam’s desires to strengthen cooperation in various areas with Myanmar and Indonesia at meetings with their leaders in Myanmar on May 11.

2014 – a difficult year for businesses

 VietNamNet Bridge – Vietnamese businesses should reengineer and streamline their operations in 2014 to maximize efficiencies said President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.

Vietnamese businesses fall into traps in South Asia, Africa

 VietNamNet Bridge – Vietnamese businesses have been heading towards South Asia and Africa in an effort to expand their markets. However, a lot of them have become moneyless after some business deals.