Deputy Prime Minister and Foreign Minister Pham Binh Minh has said that as Vietnam’s stature has increasingly improved it is now time for the country to be more selective in its FDI attraction efforts.
The Government’s decision to offer a zero-import tax rate on automobile components opens significant opportunities for the local industry to lower prices, enhance competitiveness and promote consumption.
Inflated logistics costs were hampering the competitiveness of Vietnamese goods, according to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang.
VOV.VN - The recently ratified EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) will give the Vietnamese business community an opportunity to improve its competitiveness in global value chains.
Digital platforms are no longer exclusive to tech companies, and they have become increasingly popular in other sectors as they look to enhance their competitiveness.
VOV.VN - Local firms need to improve their product quality and design and step up trade promotion activities, in order to increase their competitiveness in the Regional Comprehensive Economic Partnership (RCEP) market, according to industry insiders.
Agricultural businesses are facing increasing international competition and must use science, technology and innovation to improve their productivity and competitiveness, experts said at a workshop in Ho Chi Minh City on September 27.
Vietnamese firms in the mechanical engineering outsourcing sector have low competitiveness when joining global supply chains largely due to their small scale, technological shortages, and low productivity.
Vietnamese logistics firms are embracing technology to optimise their costs and improve their competitiveness, according to experts.
VOV.VN - The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, Nguyen Van Cung, Chairman of the Vietnam Cement Association has suggested.
VOV.VN - The high costs of logistic services stunt the competitiveness of Vietnamese goods when sent to the global market, heard a workshop held in the Mekong Delta city of Can Tho on April 23.
Shrimp enterprises should seek ways to increase competitiveness to realise the sector’s export target of 4.2 billion USD in 2019, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Promoting gender equality through the revision of the Labour Code will serve as a base for Vietnam to improve productivity and its competitive edge, as heard at a workshop in Hanoi on October 19.
VOV.VN - The Vietnamese Government and business community have adopted policies and strategies to aid their competitive goal - to catch up with the rest of the world, especially in ensuring sustainable national development.
The Mekong Delta has consistently recorded the highest average provincial competitiveness index (PCI) among six regions nationwide since 2014, said the Vietnam Chamber of Commerce and Industry (VCCI).
VOV.VN - Vietnam earns billions of dollars from garment and textile exports every year. But in the domestic market, local enterprises are facing fierce competition from foreign rivals.
Prime Minister Nguyen Xuan Phuc requested all sectors, localities and enterprises to work together to make stronger changes in the competitiveness of the economy while concluding an online conference between the Government and localities in Hanoi on December 29.
VOV.VN - According to the World Economic Forum (WEF)’s Global Competitiveness Report for the 2017-2018 period, Vietnam ranked 55th out of 137 countries worldwide and 6th in the ASEAN region.
VOV.VN - Shrimp exports to the EU constantly increased in August and September, making it the biggest consumer of the Vietnamese product, according to the Vietnam Association of Seafood Exporters and Producers (Vasep).