Economy and commerce

Small and medium enterprises (SME)

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 ...

Rice exports set to skyrocket, renewable energy in high demand: trade minister

Việt Nam may take a global lead in rice exports for the year 2020, said Minister of Industry and Trade Trần Tuấn Anh in a report to the National Assembly on Monday (15/6).Speaking to the NA, the minister said as countries were trying to raise ...

Vietnam ratifies EU free trade agreement

The National Assembly has ratified the EU-Vietnam Free Trade Agreement, which will cut or eliminate 99 percent of tariffs on goods traded between the two sides.The legislature on Monday also approved the EU-Vietnam Investment Protection Agreement. Up to 94.62 percent of lawmakers voted in favor ...

Anh Minh

Decisive reforms needed for Vietnam to get full EVFTA benefits: WB

Vietnam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA) to be ratified by Vietnam’s National Assembly in May, according to a new World Bank report.The report cites the ...

EU-Vietnam: Council gives final green light to free trade agreement

The European Council on March 30 adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.Once the Vietnamese National Assembly also ...

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