Representatives from the Vietnam-ASEAN Economic Cooperation Development Association (VASEAN) have asked for stronger support from the Government and Prime Minister for the business community to overcome difficulties brought about by COVID-19 pandemic and recover and expand production, during a meeting with the PM in Hanoi on March 18.

VOV.VN - A large number of businesses in the capital remain closed or have put up notices to advertise their premises for rent, despite the novel coronavirus (COVID-19) pandemic being largely brought under control in recent times.

Many Japanese businesses investing in Vietnam have been seeking cooperation in joint-surveys, research and human resources exchange with local universities as a crucial step to expand in Vietnam beyond Ho Chi Minh City and Hanoi.

Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.

VOV.VN - The importance of promoting equal values and the role of women within the national leadership apparatus were discussed at a workshop titled “Lead the Chance in the New Normal” held on March 15 in Hanoi.

VOV.VN - Vietnamese ambassador to India Pham Sanh Chau called on Indian businesses to explore opportunities in the Vietnamese market whilst increasing their investment in the country during a joint India-Vietnam business forum held on March 11 in Chandigarh city.

Vietnamese Ambassador to Switzerland Le Linh Lan on March 8 had a working session with the Board of Directors of the University of Applied Sciences and Arts Northwestern Switzerland (FHNW), discussing measures to promote research exchange activities and cooperation in business training, and popularise Vietnam’s business and investment climate.

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.