Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.
Poor sales, supply chain disruptions, revenue decreases and personnel cuts have all occurred to enterprises amid the COVID-19 pandemic.
Micro- and small-sized enterprises and those in business for less than three years were the most affected by the COVID-19 pandemic, according to a report on the pandemic’s impact on businesses in Vietnam.
Private enterprises do not need money but institutional support to enjoy a stable and safe business environment, bringing them equality and respect.
The Ministry of Information and Communications (MIC) officially rolled out a programme supporting the digital transformation of small- and medium-sized enterprises (SMEs), called SMEdx, in Hanoi on January 29.
The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries.
A conference was held in Hanoi on January 21 to discuss measures to improve the domestic business environment and competitiveness of the economy as well as orientations for the next five years.
Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam.
There is still significant room for stronger reforms to create a more favourable business environment and make Vietnam among countries with the best business environment in ASEAN, according to the Vietnam Chamber of Commerce and Industry (VCCI).
The US Treasury Department’s labelling of Vietnam as a currency manipulator is groundless and certainly significantly affects the psychology of the Vietnamese business community, especially those operating in the import and export field, according to Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI).