At present, the level of efficiency in SOEs operation still remain modest and disproportionate to the amount of state capital under their disposal. The lack of autonomy is restricting state-owned enterprises (SOEs) from embarking on innovation and supporting startups. Deputy Director General of the Enterprise Development Agency under the Ministry of Planning and Investment Nguyen […]
Read MoreThe biggest challenge for Vietnam’s economy in 2021 is whether the country could deal with another resurgence of Covid-19 outbreak. As domestic production and services sectors continue to struggle with Covid-19 impacts, external trade with the foreign-invested sectors playing a leading role will serve as the driving force for Vietnam’s economic growth this year. This […]
Read MoreWind power developers, who are running against time to put their projects into operation prior to November 2021, now face another problem: they may not get a VAT (value added tax) refund because of certain regulations. Vo Duy Tan, director of Phong Lieu Wind Power JSC, said at a recent conference held by the Quang […]
Read MoreMany Vietnamese exporters have seen a sudden increase in profits during the COVID-19 pandemic. VRG Khai Hoan JSC said it was in a state of full capacity and often had to refuse orders. The company’s orders were only enough to run 70-80 per cent of factory capacity before 2019. When the COVID-19 pandemic started last year, […]
Read MoreMany commercial banks have adjusted their preferential home loan interest rates, ranging from 5.99 percent to 9.5 percent per annum. In early March, a number of banks announced a 0.3-2 percent interest rate cut for home loans. Sacombank is offering an interest rate of 9.5 percent instead of 11.5 percent, while Eximbank has eased the […]
Read MoreVietnam’s e-commerce is very potential so local retail businesses should expand their scale on the online channel. Vietnam’s small and medium enterprises (SMEs) and business households can seize the opportunity to improve their online business capacity through joining an online three-day Retail University program this April. The program is jointly held on April 7, 8 […]
Read More
Thailand
