Vietnam has emerged as a frontrunner in B2B sales on credit, boasting a 67% ratio, surpassing the 51% average in Asia, reported a recently-revealed Atradius Payment Practices Barometer survey.

The Vietnamese market is expected to welcome 230,500 more enterprises, both newly established and those resuming operations, in 2024, according to the General Statistics Office (GSO).

VOV.VN - Confidence among European firms operating in the Vietnamese market is showing signs of resilience amid the latest Business Confidence Index (BCI) by the European Chamber of Commerce in Vietnam (EuroCham) conducted by Decision Lab reaching 46.3 percentage points in the fourth quarter of 2023.

As foreign-invested businesses always need high-quality human resources to apply new technologies, training skilled manpower is believed to help Vietnam attract more foreign investment.

The Republic of Korea (RoK)’s Technology DA Company on January 3 announced that it has signed an exclusive contract for importing natural graphite with Vietnam Graphite Group (VGG).

Revenue from e-commerce for domestic organisations and individuals reached VND536.5 billion (over US$22 million) this year, reported the General Department of Taxation (GDT).

VOV.VN - Hai Phong, the largest port city in northern Vietnam attracted US$3.4 billion in foreign investment attraction (FDI) in 2023, ranking second in the country, according to the Hai Phong municipal statistics agency.

Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.

VOV.VN - Vietnamese businesses injected nearly US$421 million into investment projects overseas in 2023, equivalent to 78% of the figure recorded last year, according to the Ministry of Planning and Investment.

The Ministry of Finance (MoF) plans to implement several policies to support the business sector and people, and promote the country's economic growth in 2024, according to Minister Ho Duc Phoc.