The fourth industrial revolution and digital transformation are bringing sweeping changes to the manufacturing sector and every aspect of socio-economic life around the world. In this context, Vietnamese enterprises, most of which are small or medium-sized, are facing the risk of being wiped out if they are not fully aware of the challenges which are rapidly becoming a reality.
Many securities companies have recently announced plans to increase their charter capital, confident that the domestic stock market still has a lot of room for expansion in 2015.
Poor infrastructure investment at Industrial Parks (IPs) and underdeveloped conditions at some Industrial Zones (IZs) have limited investment in Da Nang, reported the Vietnam News.
According to the 2014 Business Climate Report conducted by the World Bank and the International Finance Corporation, the average time spent on tax procedures in Vietnam was 872 hours for each SME annually, while 21 days are needed to complete export procedures and another 21 days for import procedures.
Vietnam has secured its place as the world’s top cashew exporter for eight consecutive years, supplying roughly 60 percent of the cashew nuts in the global markets.
Viet Nam's tourism industry expects to earn significant profits during the upcoming six-day holiday at the end of April.
Exports to the United States, the largest importer during January, dropped sharply by 37 per cent to around USD90 million, compared with the same period last year.
Vietnam has plenty of opportunities for exporting its key items- garments and textiles, footwear, wood furniture and agro-fisheries products to Australia, reported the Voice of Vietnam, reported the Voice of Vietnam.
Viet Nam has opportunities to expand exports of wood products this year, especially to the US market, delegates said at a conference yesterday.
The Prime Minister will focus on improving the business environment and strengthening the economy's ability to compete in 2015 and 2016.
Consumers should come together to find effective solutions for ensuring the protection of their rights as 90 per cent of consumers are ignorant about the organisations that protect their benefits.
The southern-coastal province of Ba Ria – Vung Tau has approved a master plan for power development on Con Dao Island that calls for power generation to grow 23.4 per cent each year between 2015 and 2020.
Small and medium-sized enterprises (SMEs) in the support industry need better support policies to enhance competitiveness and participate in the global value chain, experts stated.
Japanese construction group IHI on March 10thinaugurated IHI Infrastructure Asia (IIA) steel plant, capitalized with USD34 million, in Dinh Vu Industrial Zone in Hai Phong.
Currently, Vietnam has 128 investment projects in Cambodia with a total capital of more than USD49.6 million while Cambodia owns three projects in Vietnam.
The State-owned Hanoi Trade Corporation (Hapro) is focusing on expanding its export markets in Africa, particularly in Angola and Mozambique, according to a statement from an executive on March 11th.
The Vietnam National Petroleum Group (Petrolimex), the country’s largest fuel wholesaler, raised the retail price of several fuel varieties as of 15:00 pm on March 11th, the second adjustment and the first rise this year.