HANOI – Telecommunications, IT and retail firms took the lead in terms of profitability last year on the list of Profit500 – the top 500 firms with the highest profits in Vietnam. The ranking, announced by Vietnam Report Company on Tuesday, revealed that the industries witnessed high profit growth despite accounting for a small number on the […]
Read MoreHCM CITY — Small- and medium-sized enterprises (SMEs), which make up 90 per cent of businesses in Vietnam, should take advantage of new marketing tools like social media to have access to global value chains, experts said at a meeting held yesterday in HCM City. Speaking at the forum on SMEs, Mai Huynh, a representative of […]
Read MoreHANOI — Creating encouraging polices and a clear legal system is crucial to attracting investment to creative start-ups, according to a Ministry of Planning and Investment (MPI) official. Dang Huy Dong, deputy minister of Planning and Investment, said that currently, guidelines on the establishment, management and funding and investment mechanisms for small and medium enterprises […]
Read MoreHANOI — The Ministry of Finance’s proposal to impose 10 per cent value added tax (VAT) on the transfer of land use rights has met with objections, as it might increase land prices. According to Nguyen Manh Ha, vice chairman of the Vietnam Real Estate Association, the VAT proposed by the ministry in a recently […]
Read MoreThe Hanoitimes – A newly formed manufacturing would require necessary transformation to catch up with the industrial revolution 4.0 to take the advantage of reducing tax, attracting investment and expanding market with 16 Free trade agreement (FTA). In this environment, fierce comepetition will be a real test for enterprises to develop or even survive. This is […]
Read MoreThe Hanoitimes – Vietnam’s economic growth ahead of China-has been impression in Asia, as neighbors struggle to keep up with its 7.4% pace. However, Vietnam still has a lot of works to be done for sustainable development. In overall, Vietnam has achieved positive results, its growth rate also tops India, Indonesia and the Philippines. Exports surged […]
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