Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown.
With Viet Nam-US economic relations having grown steadily, the American business community is very optimistic and working very hard in Viet Nam, according to Virginia B. Foote, President of the Board of the US International Centre.
Although rankings of the Provincial Competitiveness Index were kept confidential until an official announcement in April, anyone with even a passing interest was confident that the northeastern province of Quang Ninh would again take top spot, having remained in the position since 2017.
Vietnam is expected to accelerate its economic recovery from the pandemic this year after having recorded a 2.6 percent increase in gross domestic products (GDP) in 2021, Singapore’s Business Times reported.
As sustainable development is becoming the order of the day, Vietnamese fashion firms are having no choice but to adapt themselves to greener production.
A series of proptech startups have been born, bringing solutions to help buyers get closer to their dream of having a place of their own in Vietnam and making the market more transparent.
Listed companies are pinning their hopes on a speedy recovery in the fourth quarter of the year, having had a hard time staying afloat under the severe negative impact of the fourth wave of the Covid-19 pandemic.
The government’s target of having 1.5 million enterprises by 2025 seems unattainable, National Assembly’s Committee on Economy has said.
Many businesses in Binh Duong want the province administration to scrap the registration for having workers stay in secure workplace or work-home bubbles since approval takes too long.
Having just been bestowed the knighthood of the Order of the Star of Italy, CEO of Imex Pan Pacific Group (IPPG), Le Hong Thuy Tien, just won the ASEAN Entrepreneur Award 2021.