The finance ministry’s recent cut and exemption of some securities service fees won't urgently help soothe investor nerves over the spread of the COVID-19 and more strong measures are needed to support businesses, analysts have said.
Policies and regulations must be ready once the Europe-Viet Nam Free Trade Agreement (EVFTA) is approved so Vietnamese enterprises can reap the benefits of the trade pact, experts said on Monday.
Trade conflicts, climate change and epidemics may at first glance appear to be a hindrance to Viet Nam’s agricultural sector.
Oil logged its worst week since 2008 after the oil price war, initiated by Saudi Arabia early last week, delivered a double blow to nervous investors already rattled by declines in world stocks due to the spread of the novel coronavirus, or COVID-19.
Local enterprises have urged the Government to soon activate support policies to help them overcome difficulties in production and business due to the novel coronavirus (COVID-19) pandemic.
Fruit and vegetable exports are unlikely to hit the target of US$4-5 billion set for this year, according to the Viet Nam Fruit and Vegetables Association.
Support packages from the Government and banks would contribute to partly reducing difficulties for enterprises affected by COVID-19, but stronger measures should be taken for the hardest-hit industries, experts said.
Small- and medium-sized enterprises (SMEs) in Ho Chi Minh City have proposed different measures to curtail the impacts the COVID-19 epidemic has on their business at a seminar held on February 29 in Ho Chi Minh City.
Detailed regulations are needed to promote a healthy condotel market, which has been going off-track for years due to an unclear legal framework, experts have said.
Empirical data in Vietnam proved institutional reform have direct impacts on economic growth.