Economy and commerce
Small and medium enterprises (SME)
Vietnam ranks high in digitalisation: research
Companies in Vietnam ranked higher than the global average in taking a strategic, consistent or radical approach to digitalising customer experience and engagement, said Singapore-based financial services group DBS.The research said that about 63% of Vietnamese companies were satisfied that digital transformation was helping them achieve overall profitability, followed ...
Ample room for rice exports
Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.According to Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA), Vietnam’s ...
Trung Chanh
The reverse side of export growth
In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies.In the eyes of Vietnamese businesses, the signings of 15 FTAs have minimized the use of tariff barriers for free flow trade, but it has paradoxically ...
Hung Le, Ngoc Nguyen
Forum highlights sustainable forest governance, timber trade monitoring
The Centre for Sustainable Rural Development (SRD) and the Vietnam Administration of Forestry co-organised a forum on sustainable forest governance and timber trade monitoring in Hanoi on August 22. It is one of the annual activities aiming to promote the efficiency of forest governance and ...
First Vietnam Data Summit to take place this month
Vietnam Data Summit 2022, the first of its kind in Vietnam, will be held by the Ho Chi Minh Computer Association (HCA) and Western Digital Vietnam in the southern city on June 24, heard a press conference on June 10.The summit will focus its discussions ...
Annual report on FDI in Vietnam released for the first time
The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...
RCEP gives extra leverage to post-pandemic economic recovery
The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.The deal was signed between 10 members of the bloc and five partners ...
Guide on digital transformation for businesses to be published
More than 40 ministries, branches and localities have developed digital transformation projects. However, in the business sector, especially among small and medium enterprises (SMEs) and manufacturing enterprises, this process is not happening as strongly as expected.This is the motivation for the Việt Nam Software and ...
Vietnam inks world’s largest trade pact RCEP
The Regional Comprehensive Economic Partnership (RCEP) was signed Sunday by leaders of 15 Asia Pacific countries that make up 29 percent of global GDP. The pact was signed online by leaders of 10 ASEAN member states as well as Australia, China, Japan, New Zealand and ...
Phuong Anh, Hong Chau
Rice industry must diversify products: experts
Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.According to the Department of Agro-Processing and Market Development under the Ministry of Agriculture and Rural Development (MARD), Vietnam’s exports of ...
