Vietnam business news

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

It will take growth quality as the foundation to shift to exports of services and intangible goods such as software and digital content, encourage links between the country's various regions to increase exports to markets with which Viet Nam has free trade agreements, improve the competitiveness of export items by capitalising on the city’s comparative advantages, join global value chains, and increase links between businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Within the framework of the event, the two agencies signed a memorandum of understanding on cooperation, under which they will exchange information about policies and measures in support of Vietnamese small and medium-sized enterprises (SMEs), share experience in organising activities for SMEs, and join hands to organise workshops, exhibitions, fairs and other trade promotion activities to foster exchange and cooperation between SMEs of the two countries. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

The contents of the investigation include identifying information of the enterprises (name, address, telephone, fax, email, tax code, type of economy, main business line); the situation of production and business activities of enterprises; solutions of businesses to respond to the effects of COVID-19; evaluate the effectiveness of Government solutions to support businesses; and information on the competitiveness of businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12