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The ranking is based on various factors, from the number of technical graduates in total population, the number of employees and providers in business process outsourcing and information technology outsourcing, to real estate and bandwidth cost, airport connectivity, digital cyber security, corruption index and digital investments. … [Read more...] about Vietnam a top 10 digital nation

Hanoi (VNA) – The 4th meeting of the Vietnam-Japan Joint Committee on Cooperation in Industry, Trade and Energy was held in Hanoi on August 7 in the form of video conferencing. The meeting was co-chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh and Japanese Minister of Economy, Trade and Industry Kajiyama Hiroshi. The ministers rejoiced at cooperation outcomes between the two sides since the 3rd meeting, especially collaboration within the Association of Southeast Asian Nations (ASEAN), the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as cooperation in energy, automobile and chemical industries and industrial workforce training. They reiterated the significance of the joint committee in removing difficulties for businesses and promoting cooperation between the two countries, particularly in the context of the COVID-19 pandemic. They shared the view that … [Read more...] about Vietnam, Japan foster cooperation in industry, trade, energy

Hanoi (VNA) – As many as 215 businesses from 10 member countries of the Association of Southeast Asian Nations (ASEAN) are expected to offer special promotion programmes during ASEAN Online Sale Day on August 8. Initiated by Vietnam which is ASEAN Chair 2020, the even marks the founding anniversary of the bloc (August 8) and aims to promote cross-border e-commerce within the grouping, according to the Ministry of Industry and Trade (MoIT)’s E-Commerce and Digital Economy Department. It also manifests intra-bloc solidarity as well as the regional economic recovery post-COVID-19, the department said. Nineteen Vietnamese businesses will participate in the event, with prestigious e-commerce platforms like Lazada, Shopee, Fado, Tiki, Thegioididong and Accesstrade, and infrastructure firms such as Viettel Post, VNPay and ZaloPay. Notably, customers will get free shipment services on the day. They can access www.aseanonlinesaleday.com and other information channels of … [Read more...] about Special promotions to be offered on ASEAN Online Sale Day

Vietnam has built up a network of free trade agreements, allowing it to interact with the largest economies in the world. The diversification of trade partners is one of the best solutions for the Vietnamese economy to reduce risks and limit dependence on certain markets. The latest and most awaited trade deal is the EU-Vietnam Free Trade Agreement (EVFTA), expected to go into force this year. … [Read more...] about Vietnam’s pandemic response predicts strong bounce back

However, companies need to qualify three-year profitability requirements to file for an IPO in Vietnam. This makes Tiki and other startups ineligible for listing on the Vietnamese stock market given that they have been wilfully suffering mounting losses to scale up presence. … [Read more...] about Southeast Asian companies to accelerate IPO plans