Many firms are worried about labour shortages after resuming operations after the social distancing period.
Minister of Industry and Trade Nguyen Hong Dien has committed close collaboration with the Cuban Embassy in Vietnam to effectively carry out bilateral cooperation activities, contributing to deepening Vietnam – Cuba economic and trade ties.
Vietnam and Cuba see ample room for trade growth as two-way trade is valued at just about US$200 million annually.
An online event was held in the northern port city of Hai Phong on September 16, offering a chance for organisations and businesses from the Netherlands to introduce and seek opportunities for cooperation and trade with Vietnamese enterprises in various fields such as agriculture and energy.
Vietnamese Ambassador to Ukraine Nguyen Hong Thach recently visited and had working sessions with leaders and businesses of Chernihiv city.
Three Vietnamese banks, namely Vietcombank, BIDV, and Techcombank, were nominated as the best financial brands in Vietnam by UK-based market research firm YouGov on September 7.
The iParamed Medical firm has worked with the Oxford University Clinical Research Unit (OUCRU) on a hi-tech solution named Tele-ICU Monitoring regarding treatment for COVID-19 patients.
Ho Chi Minh City’s Tax Department has waived or reduced taxes worth VND123 billion (US$5.37 million) for 86,197 household businesses affected by the COVID-19 pandemic.
The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the COVID-19 pandemic.
Despite the COVID-19 pandemic, trade revenue between Vietnam and other ASEAN countries has still been on the rise, but much still needs to be done to fully capitalise on these neighbouring markets.