In the context of the US-China trade war, Vietnam is considered the greatest beneficiary as numerous mega-corporations are moving production bases from China to avoid tariffs, confirmed speakers at CLMVT Forum 2019.
In the wake of digital transformation, startups in Vietnam have been trending to adopt the technology of the Fourth Industrial Revolution to gain market success amid mounting competition.
Seventy-five Vietnamese businesses received awards for their achievements last year in product and service quality and business performance in Ha Noi on Sunday.
In the context of a tense global trade war, while a new wave of investment inflow into Vietnam has yet to unleash, risks facing Vietnamese enterprises as well as the entire economy have surfaced
Some have opined that spurred by the Sino-American trade war, Vietnam is likely to become a new world’s factory in place of China. Nevertheless, it is the quality of that factory which counts, argue many economists.
The capital city is striving to attract over US$500 million in foreign direct investment (FDI) in June 2019, raising the total FDI capital to nearly US$5.3 billion in the first six months of this year.
More German companies are interested in expanding operations in Vietnam in the future to benefit from the local economic growth and free trade agreements.
Under the plan, the committee suggested that the State should hold 100 per cent of charter capital in the fields of service provision for foreign agencies and diplomatic agencies, exploitation and supply of clean and underground water, information service activities, investment, management and exploitation of river ports.
Local co-operatives need to mobilise capital from their members or co-operate with enterprise members to improve their production and trading, the HCM City Cooperative Alliance has said.
Viet Nam’s Ministry of Industry and Trade (MoIT) and Italy’s Ministry of Economic Development on Thursday signed a Memorandum of Understanding (MoU) on co-operation in the energy sector.