The Hanoitimes – The Provincial Competitiveness Index (PCI)’s 2018 report showed that there was no improvement in information transparency as many businesses still struggled with access to information. The Vietnam Chamber of Commerce and Industry (VCCI)’s statistics revealed that 70% of private enterprises in Vietnam are unable to access bank financing despite policies to promote […]
Read MoreThe Hanoitimes – Private sector and commercial financing are among recommendations which the World Bank has made. The World Bank has identified financing needs and constraints for the electricity and natural gas sectors in Vietnam from 2018 through 2035 and outlines a roadmap for seizing these opportunities as the country has experienced double-digit growth in energy […]
Read MoreThree driving forces are shaping new forms of value chains, with implications for Southeast Asia. The first is the growth of the CLMVT — Cambodia, Laos, Myanmar, Vietnam and Thailand — region. The gap between advanced economies and emerging markets is closing, and our region is catching up very fast. But the concurrent rise in […]
Read MoreThe Hanoitimes – Nintendo plans to keep its fiscal 2019 target for global Switch sales at 18 million units, so an increase in Vietnamese production will likely bring a corresponding decrease in China relative to initial plans. Japan’s Nintendo is scheduled to shift some production of its Switch console to Vietnam from China, as the Washington-Beijing […]
Read MoreThe Hanoitimes – As of present, only 35 out of 127 SOEs subject to privatization have completed the process. Vietnam Deputy Prime Minister Vuong Dinh Hue has urged government agencies to speed up the privatization process of state owned enterprises (SOEs), which has only completed 27.5% of the target for the 2016 – 2020 period. As […]
Read MoreTaxes on imported cars from Europe to Vietnam will drop to zero per cent in the next nine to 10 years, creating new competitiveness in the automobile market. Deputy Minister of Industry and Trade, Tran Quoc Khanh made the statement at a press conference held in Hanoi on Thursday. Vietnam and the EU officially signed […]
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