Annual conferences have brought together suppliers and buyers between HCM City and localities in the southeastern and southwestern regions. This has increased consumption of the two regions' goods in HCM City and exports via city-based firms. … [Read more...] about HCM City, provinces work together to ensure supply of goods at stable prices
Why good quality products are important
According to Mr. Nguyen Quoc Toan, Director of the Agro Processing and Market Development Authority under the MARD, since last year, the export of Vietnamese agricultural products, including vegetables and fruits, to China has become more difficult. At the border between Vietnam and China, the latter had put up fencing to prevent cross-border trade, it even used fly-cams for supervision. Meanwhile, many vegetables and fruits of Vietnam have not been able to be officially exported but mainly through cross-border trade, causing agricultural products of Vietnam to keep stagnant at the border gates. The Import-Export Department under the MoIT also said that the annual export activities to China through Northern border provinces are usually vibrant before and after the lunar New Year. Despite the effort of local authorities, the congestion of agricultural products at the border gates in the North during peak season continues to recur. This issue cannot be solved if there is no synchronous … [Read more...] about Authorities try to prevent congestion of agricultural products at border gates
Thirdly, the Government wants to increase the public investment. But this is not an easy assignment because of the budget deficit and high rate of public debt. So it is necessary to have specific plans and studies to choose which area/sector would be prioritised for public investment, given the limited State Budget capacity. More importantly, supervision of public investment projects must be strengthened. Otherwise, the money would be used inefficiently, deepening the budget deficit, causing more wastefulness, and hiking public debt further. … [Read more...] about Way to 2017 target paved with good intentions?
This year is Viet Nam’s deadline to fulfil all of its commitments to the WTO, and so the economy will see a big transition. There will be a lot of business models brought into the country from abroad. The coming of big players from around the world will also change the Vietnamese market. This is a big opportunity but comes with a lot of pressures. When we open the market, opportunities will come together with challenges. … [Read more...] about Entrepreneurs, experts gaze into crystal ball, see good prospects for Việt Nam
But there were problems among the 10 firms that were evaluated in 2019, including prudent client evaluation and acceptance, lack of insightful risk-control assessment, insufficient inventory checks, and lack of auditing on companies’ investments in associate businesses and long-term projects. … [Read more...] about PwC, Deloitte receive ‘good’ accreditation in 2019