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Vietnam ready for post-COVID-19 development stage

Vietnam is easing social distancing restrictions, seeking ways to live safely with the epidemic, and beginning to restore production and business to revive economic growth. The government, agencies, and localities are cautiously gearing up measures to help businesses overcome problems caused by the COVID-19 epidemic as the whole country is adapting to a new “normal”. […]

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Effective anti-Covid-19 measures build up foreign business confidence in Vietnam

The Hanoitimes – Vietnam is currently a front-runner in the Covid-19 fight, said Nicolas Audier, chairman of the European Chamber of Commerce in Vietnam (EuroCham). Representatives of foreign businesses in Vietnam shared the same sentiment that Vietnam’s effective measures against the Covid-19 pandemic have enhanced the country’s status as a competitive, safe and attractive investment destination. […]

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Vietnam – Aggressive implementation of e-government is necessary: Businesses

The Hanoitimes – Accelerating the implementation of e-government and digital transformation will lure more investment into Vietnam. As Vietnam is still seen as an attractive investment destination, the Vietnamese government needs to accelerate and promote e-government, e-commerce, e-banking, fintech, modern cloud computing, and advance paperless operations and cash transactions in all businesses. Accelerating the implementation of […]

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High logistics costs reduce competitiveness of Vietnamese goods

Inflated logistics costs were hampering the competitiveness of Vietnamese goods, according to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang. Vietnam’s logistics costs were 6 percent higher than Thailand, 7 percent higher than China, and 12 percent more than o Malaysia, Giang said. This had reduced the competitiveness of domestic textile […]

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