Small and medium enterprises (SME)

In a report on enhancing enterprise competitiveness and enhancing small and medium-sized enterprise (SME) linkages, it says Vietnam’s labor costs are higher than in comparable Southeast Asian peers. It defines labor costs for each firm as the cost of all payments to all workers divided by the ...

Việt Nam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week, up up two points in comparison with 2016’s result. The report was developed by the non-profit foundation Hinrich Foundation and British research and analysis firm The Economist ...

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to create 17,000 to 20,000 jobs each year for Vietnamese workers, said Dao Quang Vinh, director of the Institute of Labor Science and Social Affairs, under the Ministry of Labor, Invalids and Social Affairs.Keep ...

Vietnam’s National Assembly has ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership which will take effect at the year’s end after Australia became the sixth nation to ratify it last month. Keep reading  ...

Lack of attention to registering brand names and geographical indications is causing difficulties to Vietnamese agricultural products, which are sometimes shut out of other markets after their names are usurped by others.Keep reading ...

Vietnam’s trade as a percentage of GDP topped 200 percent last year, highest for any country with over 50 million people. This data, compiled by the World Bank, shows that the country is reaping the benefits of an open economy at a time that protectionism ...

The U.S. president’s decision on imposing tariffs on $189 billion worth of imports from China, including wood furniture and auto spare parts, will cause a lot of difficulties to Vietnam’s rubber sector, according to the Vietnam Rubber Association.Keep reading  ...

As many as 158 individuals and organisations have been found illegally importing scrap into Vietnam as they are not certified to carry out such activities. According to the Vietnam Environment Administration under the Ministry of Natural Resources and Environment (MoNRE), the individuals and organisations imported 4,514 ...

The 50th ASEAN Economic Ministers (AEM-50) Meeting and Related Meetings, which freshly concluded in Singapore on September 1 after four days of working, is an important event in the context of rising global trade protectionism and unilateralisaiton.Regarding Vietnam’s contributions, Minister of Industry and Trade Tran ...

According to a new governmental decree, rice-exporting businesses will no longer be required to own rice storage, paddy milling and grinding facilities with processing capacities of 5,000 tonnes of rice and 10 tonnes of paddy per hour, respectively.The change comes thanks to a new Decree ...