Kinship and business how entrepreneurial households facilitate business growth

This increase in consumption demand can largely be attributed to investment in infrastructure and FDI inflows into the country, in addition to the recovery of real estate construction through major infrastructure projects being implemented, including the North-South expressway project and the Long Thanh airport project. … [Read more...] about Cement exports unlikely to enjoy robust growth in 2021

But it also warned of risks that could hamper growth, like the unpredictable global economic situation as the pandemic situation remains severe in many countries and possible anti-dumping and countervailing investigations by the U.S. and other countries. … [Read more...] about Think tank forecasts 6.46 percent growth for Vietnam

“Lower domestic consumption and weak global demand caused by Covid-19 have hurt Vietnam’s economy more than expected. But economic growth will be resilient in 2020, in large part due to the government’s success in controlling the spread of Covid-19,” said ADB Country Director for Vietnam Andrew Jeffries. … [Read more...] about Vietnam’s economy expected to grow 1.8 percent in 2020: ADB report

The programme will support enterprises’ digital transformation by raising awareness, digitalising their business and management models, and promoting comprehensive digitalisation to develop new products, services, and business models.digital transformation is a means for companies to rebound quickly from COVID-19, improve their competitiveness, and break through during the fourth Industrial Revolution, he noted.USAID Vietnam Mission Director Ann Marie Yastishock said that with digitalisation and automation, enterprises will be able to achieve robust and sustainable growth despite the challenging times posed by COVID-19. … [Read more...] about New programme to support enterprises’ digital transformation over next 5 years

Speaking at the meeting, Deputy Chairwoman of the municipal People’s Committee Vo Thi Thang highly valued the tax sector's efforts in 2020. In 2021, the Central and the city People’s Council assigned the city to collect VND364,893 billion; therefore, the Department of Tax should focus on adopting different solutions to complete its assigned mission. Moreover, the tax department must enhance digital transformation to contribute to construction of a smart city and building of urban administration. … [Read more...] about Tax revenue from private companies slightly increases in 2020