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Update news Vietnamese businesses
Although the Europe-Viet Nam Free Trade Agreement (EVFTA) is great news for Vietnamese businesses, they should not expect too much as the COVID-19 pandemic is still raging in Europe.
Vietnamese enterprises looking for new technologies or to promote their products internationally markets are encouraged to participate in the VCIC CONNECT Programme.
Vietnamese businesses reeling under financial stress due to the COVID-19 pandemic have become vulnerable to foreign takeovers and need the Government's support, according to experts.
The Vietnamese Government will cut or simplify at least 20 per cent of the current regulations on business through 2025, according to Resolution No. 68/NQ-CP released on Wednesday.
Businesses have taken measures to minimise the adverse effects of the COVID-19 pandemic, said a research committee on private firms under PM Nguyen Xuan Phuc’s Advisory Council for Administrative Procedure Reform.
More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Viet Nam, experts have said.
The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings.
Following a global trend of share buybacks, many Vietnamese businesses are now repurchasing their own stocks to stablise prices.
The logistics market has become more vibrant in recent times with large merger and acquisition (M&A) deals between Vietnamese businesses and foreign investors, especially those from Japan and the Republic of Korea.
The Vietnamese government’s decree 163, with loosened requirements on bond issuance, is expected to encourage businesses to seek capital from bond issuance and rely less on bank loans.
Prime Minister Nguyen Xuan Phuc affirmed the government's resolve to create the best possible conditions for businesses to perform, saying this is one of the important contents of a new resolution on support and development of enterprises
VietNamNet Bridge – Hai Quan (Customs) newspaper spoke to Nguyen Van Toan, vice chairman of the Foreign Investment Business Association, about a new wave of foreign investment.
VietNamNet Bridge – Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement,
VietNamNet Bridge – Between now and mid-2015, Vietnam is scheduled to sign a number of free trade agreement (FTA) with its major economic partners.
VietNamNet Bridge – The removal of the cap on the tax deductibility of advertising will help Vietnamese businesses integrate into the world economy, attract foreign investment and effectively compete in other markets.
VietNamNet Bridge – It is early summer and not yet the harvest season for apples in Europe, but the shelves of all supermarkets and even restaurants in Warsaw were stacked with the fruit.
VietNamNet Bridge – Vietnamese businesses should commit to lessening their reliance on imports from China, said National Assembly (NA) deputy Tran Xuan Hoa, Vietnam National Coal- Mineral Industries Group (Vinacomin) former Chairman.
VietNamNet Bridge – PM Nguyen Tan Dung has voiced Vietnam’s desires to strengthen cooperation in various areas with Myanmar and Indonesia at meetings with their leaders in Myanmar on May 11.
VietNamNet Bridge – Vietnamese businesses should reengineer and streamline their operations in 2014 to maximize efficiencies said President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
VietNamNet Bridge – Vietnamese businesses have been heading towards South Asia and Africa in an effort to expand their markets. However, a lot of them have become moneyless after some business deals.