For the first time in Vietnam, an alliance of business enterprises for environmental protection has been launched to tackle environmental issues in the country.
The EU-Vietnam Investment Protection Agreement (EVIPA) is expected to create a favourable environment for Vietnam to attract further investment in fields where the EU holds strengths, such as finance, telecommunications, transport, distribution, processing, hi-tech manufacturing, and clean and renewable energy.
The Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) will jointly publicise the 2019 provincial competitiveness index (PCI) at a ceremony in Hanoi on May 5.
Although Vietnam has been successful in containing the Covid-19 pandemic, the disease has raised concerns about the nation’s business environment and prospects for many businesses and industries.
It is necessary to improve the legal framework and create a healthy and open business environment for logistics activities to boost the sustainable development of Vietnam’s logistics sector, Deputy Prime Minister Vuong Dinh Hue has said.
Vietnam was placed 67th out of the 141 countries in the Global Competitiveness Report 2019, up 10 places compared to its 2018 ranking and also up 3.5 points, which are the fastest increases in the world.
The northern province of Vinh Phuc has reaped impressive achievements in attracting foreign direct investment (FDI) over the past three decades, thanks to favourable geographical location and determination to improve business environment.
The Prime Minister's working group said on August 22 that ministries had drastically cut business conditions and administrative procedures in order to facilitate businesses’ activities, but more still needs to be done.
The clean land fund in central areas is becoming depleted, which has prompted investors to eye land plots in neighboring provinces.
The implementation of the Government’s Resolution 02/NQ-CP issued early this year has brought about improvements in the business environment, heard a working session on the impacts of the document held on June 12 under the chair of Deputy Prime Minister Vu Duc Dam.
Small- and medium–sized enterprises (SMEs) are advised to identify their difficulties in the context of rapid international integration in order to develop in a sustainable manner, heard a forum held in Hanoi on May 9.
Vietnam’s exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to increase strongly through 2030, reaching 25 percent of the nation’s total exports, according to the Ministry of Industry and Trade (MOIT).
With many promotion programs, Vietnam is looking to be recognized as a "startup nation". However, the business environment lacks innovative models.
Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam vows to create the best business environment for Japanese enterprises and urged them to expand activities in the country and increase connections with local firms.
The Mekong Delta province of Tien Giang lured 22 new projects worth over VND2.85 trillion (US$122.55 million) in the first nine months of 2018, up 58% over the same period last year, according to Vice Chairman of the provincial People’s Committee Tran Thanh Duc.
Vietnam recorded the greatest ranking improvement on the Global Innovation Index 2018 (GII) thanks to the country’s efforts to deploy synchronous measures to improve its business environment, national competitiveness, and innovative capacity.
Ho Chi Minh City recorded high economic growth in the first six months of 2018 thanks to right-track economic restructuring and better business environment.
The Vietnamese Government is working out measures to further improve the business environment for the country to jump 8-18 steps from the current 68th place in the World Bank’s Doing Business Rankings.
Vietnam’s economy could grow by 7.02% in 2018 under a high growth rate scenario, according to the National Center for Socio-Economic Information and Forecast (NCIF).
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.