VOV.VN - The Vietnamese government is determined to reform institutional and administrative procedures, introducing new mechanisms and law enforcement to boost the economy and cerate a base for sustainable development.
Many initiatives will be offered to foster cooperation among regional businesses towards further promoting trade and investment exchange after Vietnam takes over the chairmanship of the EABC in 2020.
Vietnam has been unable to gain export growth to all CPTPP member countries, according to the Ministry of Industry and Trade.
Institutional reforms will continue to be the major growth driver in 2020 and beyond, while a focus would be placed on removing barriers and connecting firms to establish value chains, Chairman of the Việt Nam Chamber of Commerce and Industry Vũ Tiến Lộc said.
More measures are needed in the fight against trade fraud and illegal cross-border smuggling between Vietnam and other countries, which continues to be a problem, the General Department of Customs has said.
Many foreign businesses have expressed their hope for better business and investment environment in Vietnam, especially consistent policies on economic development.
The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.
VOV.VN - There remains a significant gap in business environment between Vietnam and other regional countries, while administrative procedures need to be simplified, thus helping domestic firms make major breakthroughs in their development, has said Vu Tien Loc, Chairman of Vietnam Chamber of Commerce and Industry (VCCI).
Despite many difficulties and challenges, the growth of private businesses will be the highlight of Vietnam’s economy in the long term, heard a forum in Ho Chi Minh City on January 6.
Vietnam this year set a record in newly established enterprises, with 138,100 units in all economic sectors, according to the General Statistics Office (GSO).
Seven provinces and cities in the north of Vietnam discussed mechanisms to form the Northern Key Economic Region (NKEC) of the country.
Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).
Vietnam’s business environment has seen remarkably improvements, said Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc at a conference on December 17.
A draft regulation put forward by the State Bank of Vietnam (SBV) that would limit the foreign ownership rate in the payment intermediary service sector to 49 per cent was discussed at a workshop in Hanoi on December 12.
VOV.VN -The Vietnam Chamber of Commerce and Industry (VCCI) in Can Tho in collaboration with the Vietnam Business Club in Cambodia and Cambodian partners, hosted the Vietnam - Cambodia Business Cooperation Forum in Phnom Penh on December 6.
New-generation Free Trade Agreements (FTAs) are expected to help Vietnam become more competitive if the country reduces trading costs and improves its business environment, experts said at a conference in Ho Chi Minh City.
Vietnamese startups needs more support institutions and policies to reach their goals, said President of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc on December 2.
Businesses from Ho Chi Minh City and Jiangsu province of China have sought opportunities of partnership during a recent conference held by the Vietnam Chamber of Commerce and Industry (VCCI)’s chapter in the city.
The Federal Ministry for Economic Affairs and Energy of Germany (BMWi), the German Agency for International Cooperation, and the Vietnam Chamber of Commerce and Industry held a closing ceremony in Berlin on November 30 for a training course for Vietnamese business managers in the health sector.
A conference titled “Opportunities and Challenges arising from CPTPP agreement for Vietnam’s seafood – fruits, vegetables – animal husbandry, meat processing industries” was held in the Mekong City of Can Tho on November 27.