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Vietnam: Priority to upgrade infrastructure for digital economy

The Hanoitimes – In new era, when database becomes the core resources, each economy should consider to upgrade infrastructure for digital economy as priority, with an aim to improve the country’s competitiveness in international playground. Recently, despite the trend of protectionism is growing in many countries, the business community of Asian Pacific Economic Corporation (APEC) still […]

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Vietnam consumer wariness could impede e-commerce

HANOI — Alibaba group Chairman Jack Ma said yesterday that deep-seated hesitation among Vietnamese consumers could hamper mobile payment development in the country. Addressing the Vietnam Electronic Payment Forum 2017 (VEPF) in the capital city, the Chinese tycoon said the rate of cash transactions in Vietnam was too high, despite the huge potential to develop e-commerce in […]

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Vietnam to develop special economic units

The Hanoitimes – Vietnam’s provinces such as Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units. The southern province of Kien Giang People’s Council, at a recent meeting, approved the Phu […]

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Vietnam: South’s EPZs, IZs to go hi-tech, green

HANOI — It is critical for export processing zones (EPZs) and industrial zones (IZs) in HCM City to renovate towards high-technology and green development to help enhance the southern city’s economic growth quality. Despite rapid development since 1991 when the first EPZ – Tan Thuan – was founded, planning of EPZs and IZs in the […]

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Vietnam exporters must defend against trade suits

HANOI — As importing countries impose trade barriers to protect their goods and products, they often utilise trade remedies against exporting countries. There are short-term solutions for exporters, like Vietnam. But in the long run, enterprises still need strategic planning and specific steps to overcome trade barriers in order to increase exports and develop sustainably. […]

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