Agency of Foreign Trade Deputy Director Tran Thanh Hai said the EU has a highly developed logistics industry with powerful multinational companies that run large modern fleets. Logistics businesses from Germany, the Netherlands, Sweden, and Belgium reached 14 of the top-20 places in the World Bank’s 2018 Logistics Performance Index (LPI). … [Read more...] about EVFTA offers opportunities for logistics business
Writing a good business plan
The ministry said that by the start of this month, a few Nepalese importers agreed to sign an application for re-export. However, in order to bring all the goods back as expected, Vietnamese businesses need to coordinate closely with State management agencies and must actively persuade their partners to sign the application for re-export. … [Read more...] about MoIT seeks way to help businesses re-export pepper stuck in Nepal
A report from the Saigon Securities Incorporated (SSI) released in late June cited the General Statistics Office (GSO) as saying that credit growth has seen improvement since the second half of May. Similarly, TP Bank’s credit grew by nearly 11 percent in the first four months of the year, while the limit is just 11.5 percent for the whole year 2020. … [Read more...] about Liquidity abundant, banks given larger room for credit
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC. The rankings were developed based on international standards used by famous global publications and with consultancy from economists and business experts from the Harvard Business School in the US. PV GAS posted dual growth, in revenue and profit. Its return on equity (ROE) ratio and earnings per share (EPS) ratio grew every year during the 2017-2019 period. It also saw effective business operations, contributing significantly to protecting the environment and the country’s energy development. Collectively, the Top 50 businesses generated more than 60.5 billion USD in revenue (up 17 percent) and 7.1 billion USD in net profit (up 30 percent) in fields such as services, … [Read more...] about PV GAS ranked among Vietnam’s 50 best performing listed companies
The epidemic has made US businesses realize that they need to choose production locations which not only allow them to optimize production costs, but also have the capability to resist shocks and risks. The figure is expected to create a positive effect on decisions by American investors to expand their production and business to non-China markets. … [Read more...] about Will US investors head for Vietnam after leaving China?