While fashion fanatics will welcome the ever-increasing presence of international brands, the domestic consumer base has already lost a significant portion of its purchasing power amid the influence of the global health crisis on the economy, forcing domestic brands to face increased competition with new strategies to retain their business.
Last year was a stormy one for Vietnam’s businesses, but billionaires still were able to pocket billions of dollars.
In defiance of the health crisis hurting the domestic economy, Vietnam has earned international optimitism for its growth outlook on the back of the country’s good control of COVID-19 leading to impressively positive growth last year and a friendly business climate.
Many agricultural cooperatives have achieved high safety standards and quality in recent years thanks to their increasing adoption of technology, enabling them to achieve sustainability and improve farmers’ incomes.
VOV.VN - Women are set to hold key leadership positions in 60% of state management agencies and local administrations at all levels by 2025, increasing to 75% by 2030, according to the National Strategy on Gender Equality for the 2021 to 2030 period which was recently approved by the Government.
Vietnam and Slovenia boast high potential of cooperation in manufacturing agro-forestry-fisheries machineries and equipment – an area of Slovenia’s strength and Vietnam’s demand, said Vu Ba Phu, head of the Trade Promotion Agency under the Ministry of Industry and Trade, at a recent online Vietnam-Slovenia business exchange.
A report on national accounts was among the items presented by the General Statistics Office of Vietnam (GSO) at the ongoing 52nd session of the United Nations Statistical Commission (UNSC), GSO Director General Nguyen Thi Huong said.
The Vietnamese Embassy in Switzerland, in collaboration with the Geneva Chamber of Commerce, Industry and Services and the Switzerland-Vietnam Business Group (SVBG), organized the Webinar Market Focus Vietnam on March 2.
The Vietnamese Embassy in Switzerland has recently held a ceremony to launch the non-profit Switzerland-Vietnam business group (SVBG), which aims at promoting exchanges and investment and trade cooperation between enterprises of the two nations.
VOV.VN - With the third wave of the novel coronavirus (COVID-19) pandemic causing numerous challenges for local businesses, several banks such as BIDV, Vietcombank, VietinBank, and Agribank have devised solutions aimed at supporting Vietnamese companies, especially small and medium enterprises (SMEs).