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Online exports help food-beverage firms expand market share
Using online platforms to boost exports is an inevitable trend that will help food and beverage businesses penetrate the global market, reduce costs and quickly reach consumers, especially amid the COVID-19 pandemic, business leaders and industry experts have said.
IFC, An Phat Holdings to build compostable material manufacturing plant
The International Finance Corporation (IFC) recently announced its cooperation with An Phat Holdings (APH) and an expected investment of US$20 million to fund APH’s first compostable material manufacturing plant in Vietnam and the largest of its kind in Southeast Asia.
Vietnam to allow banks to use foreign e-wallets for int’l payments
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
HCM City plans extensive urban development along metro route
Ho Chi Minh City’s authorities are drafting design and construction plans for urban areas along the first metro route, which is slated to become operational at the end of 2021.
Handling fake goods on e-commerce platforms
About 30,000 e-commerce stores were taken down in the first nine months of this year due to trade fraud, counterfeit and contraband goods, and the scale of the problem is looking daunting.
Base.vn launches HR management solutions
Base.vn on October 29 in Ho Chi Minh City introduced its HR management solutions, Base HRM+, which includes more than 20 applications specialising in human resources throughout the development of an enterprise.
Japan continues to help Vietnam build infrastructure
Japan is keen to help Vietnam improve its infrastructure, a critical area in the 12 co-operation agreements the two countries signed during Japanese Prime Minister Yoshihide Suga’s recent visit to Vietnam.
Customs all set to make risk management transparent
A circular on new regulations for customs risk management will come into effect on January 1 next year to helping businesses comply with regulations and clear customs more easily.
Vietnam’s electricity output forecast to rise to 950 billion kWh by 2045
Vietnam’s electricity output is forecast to rise to 950 billion kWh by 2045 to meet the growing demand for economic expansion.
Vietnam Railway Corporation braces for US$85 million loss
The Vietnam Railway Corporation (VNR) faces the most difficult period in its history due to the COVID-19 pandemic and flooding in central Vietnam, according to VNR chairman Vu Anh Minh.