VOV.VN - The COVID-19 pandemic continues to deal a crushing blow to business operations in Vietnam as the number of local enterprises withdrawing from the market outpaced those newly established in the first quarter of this year.

Vietnam ranks 70th among 190 economies in this year's Doing Business 2020 report released by the World Bank (WB). One year earlier, it ranked 69th, and in 2018, it was 68th.

VOV.VN - Despite undergoing a number of administrative procedures to ensure that investment conditions become more transparent, Vietnam is facing several significant challenges regarding business climate improvements in the future, according to insiders.

Vietnam must look to improve national workplace productivity if it wants to promote its economic competitiveness and growth, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.

The Government’s anti-corruption efforts have proven increasingly effective, helping enterprises significantly reduce informal costs, according to the Vietnam Chamber of Commerce and Industry (VCCI).

VOV.VN - Efforts aiming to improve the local business climate have continued despite the impact of the novel coronavirus (COVID-19) slowing progress in comparison to previous years across different fields, according to the latest report by the Vietnam Chamber of Commerce and Industry (VCCI).

VOV.VN - Despite the Vietnamese business climate enjoying significant improvements in recent years, there remain obstacles that need to be addressed soon to facilitate business operations, experts said at a workshop in Hanoi o April 20.

VOV.VN - Ho Chi Minh City has taken bold steps as part of efforts to establish itself as a leading destination in the region for investment, renovation, and science-technology by 2025, thereby creating a fair and safe business environment for both local businesses and investors.

VOV.VN - The ongoing global impact of COVID-19 pandemic has had a negative impact, not only on the production and business activities of Vietnamese enterprises over the past year, but has also led to a sharp decline in their business confidence.

VOV.VN - The northern province of Quang Ninh continues to maintain its ranking at the top of the Provincial Competitiveness Index (PCI) for 2020 following a joint announcement made on April 15 by the Vietnam Chamber of Commerce and Industry (VCCI) and the Agency for International Development of the United States (USAID).