Forum discusses business cooperation, connectivity in northern region

Oct 6th at 09:21
06-10-2020 09:21:45+07:00

Forum discusses business cooperation, connectivity in northern region

The 13th forum on cooperation – connectivity for the development of enterprises in the northern region took place in Hoa Binh on October 4.

Forum discusses business cooperation, connectivity in northern region
Minister of Planning and Investment Nguyen Chi Dung speaks at the event (Photo: VNA)

The 13th forum on cooperation – connectivity for the development of enterprises in the northern region took place in Hoa Binh on October 4.

Speaking at the event, Minister of Planning and Investment Nguyen Chi Dung highlighted the importance of businesses to the Vietnamese economy.

Underscoring that the growth of the local business community in both terms of quantity and quality remains slow and they are facing difficulties in international connectivity, the minister called on participants of the forum to put forth measures to boost their capacity and competitiveness.

According to statistics from the organiser of the event – the Vietnam Association of Small and Medium Enterprises, due to COVID-19, in the first nine months of this year, more than 70,000 firms, mostly small- and medium-sized ones (SMEs) and business households, stopped operation, affecting over 31 million employees.

Participants focused on obstacles that have hindered the enforcement of the law on support for SMEs, while making recommendations on how to tackle hurdles faced by enterprises in production and trade hurdles and build links between big enterprises with their small and medium-sized counterparts.

Outcomes of the annual function were collected by competent agencies for submission to the Party, State, Government, and a number of ministries serving the making of laws and policies.

VIR





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

North Vietnam: Sufficient land bank for upcoming investments

Total stock of industrial land comes mainly from the port city of Haiphong.

Bac Ninh targets 2,500 new enterprises a year

The northern province of Bac Ninh has set a target of registering 2,500 new enterprises each year from 2020 to 2025 as part of a scheme to support small and...

AEON Vietnam to open first mall in Hai Phong in December

AEON Vietnam is scheduled to open its first department store and supermarket, AEON Mall – Hai Phong Le Chan, in Hai Phong port city in mid-December this year.

Hanoi a bright spot in FDI attraction

Hanoi has attracted around 25 billion USD in foreign direct investment (FDI) over the last five years, with priority given to quality and sustainable development...

Minister: Government determined to achieve 3 pct. growth this year

The Vietnamese Government resolved to record GDP growth of 2.5-3 percent this year at its recent monthly meeting, Minister and Chairman of the Government Office Mai...

Vietnam PM urges speedier economic recovery to ensure 2.5–3% GDP growth

Vietnam has been successful in realizing the dual target of both containing the pandemic and boosting economic growth, which has translated into higher economic...

What the data says about business pandemic resiliency in Vietnam

We have been hearing a lot of expert opinions lately about businesses resiliency in Vietnam during the COVID-19 pandemic. But expert opinion can reflect subjective...

Vietnam will surmount difficulties in Q4: Cabinet press conference

Vietnam will overcome difficulties in the last three months of this year, creating a premise for 2021, Deputy Minister of Industry and Trade Do Thang Hai has...

What does Vietnam expect from Japan’s new Prime Minister?

Successor of Shinzo Abe, Japan’s new Prime Minister Suga Yoshihide took office on September 16, with a pledge to continue most of his predecessor's domestic and...

After peaking in 2019, startup investment slows down in first half of 2020

Investment in Vietnamese startups reached a record high in 2019 but dropped 22 per cent in the first half of 2020 due to COVID-19, according to the Vietnam Tech...


MOST READ


Back To Top