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According to Director of the provincial Department of Planning and Investment Tran Van Hung, to provide effective support for businesses Quang Ninh has fostered public administrative reform and established multiple channels for dialogue between local administrations and companies. It has also prioritised allocating funding to the development of technical and social infrastructure, Hung said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

In the next 10 years, the number of enterprises supported with solutions to improve productivity and quality is expected to increase by 10-15 percent per year, of which the number of certificates for ISO 9001 quality management system and ISO 14001 environmental management system granted to businesses will increase at least 10 percent compared to the 2011-20 programme. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Furthermore, Chinese demand for cassava starch through the towns of Lang Son and Mong Cai in the northern province of Quang Ninh witnessed a sharp increase following the end of June. Indeed, the price of cassava starch exports remained high at US$390 per tonne due to the rise in price of input materials coupled with a low inventory due to the end of the crop. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11

According to Director of Hanoi Tax Department Mai Son, budget collection in the first eight months of the year, excluding the rescheduled taxes and land use fees, amounted to more than 147 trillion VND (6.34 billion USD), accounting for 56.5 percent of the estimate and 89.4 percent of the same time last year. However, disbursement of public investment capital lagged behind progress as it only made up of 45.41 percent of the yearly plan. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 12