Computer support business

The fifth plenum of the 12th-tenure Party Central Committee issued thematic resolutions on perfecting institutions of the socialist-oriented market economy, and on restructuring, reforming and enhancing the efficiency of State-owned enterprises. In particular, the plenum issued Resolution 10/NQ-TW (June 2017) on developing the private economic sector into an important driving force of the socialist-oriented market economy. The resolution is said to be a drastic step in renewing the thinking on the private economic sector towards creating conditions for this sector to gain equal access to all opportunities and resources, particularly capital, land and natural resources. … [Read more...] about BUSINESS NEWS HEADLINES JAN. 21

HCM City (VNA) - A conference was held in Ho Chi Minh City on September 13 to discuss the growing market opportunities for the city’s supporting industries. Pham Lien Anh, a senior expert of the International Finance Corporation (IFC), said the IFC has been sponsoring a Vietnam Supplier Development Programme, which is helping businesses improve their capability, move up the value chain and work with more foreign and multinational companies. The programme was launched to keep existing FDI and attract new investors who have modern technology, and provides a comprehensive evaluation of participating businesses' operation and consultancy, she said. Ngo Bao Anh, a representative of Panasonic Vietnam, said the company exports components from Vietnamese suppliers to its factories abroad, adding that it focuses on competitive suppliers who meet corporate responsibility requirements. Jun Choi, country director of Coex, a Korean exhibition organiser, said there are numerous … [Read more...] about Opportunities for HCM City’s supporting industries discussed

At a booth of the expo Around 180 domestic and international businesses, including firms from Japan, Thailand and China, are showcasing their metal products, hardware, tools, electric and electronic products, machinery and equipment, and manufacturing technology. … [Read more...] about Hanoi hosts second Factory Network Business Expo

“The exchange rate between the U.S. dollar and the dong moved within a narrow range, at VND23,175-23,430, and if compared to the end of 2018, the dong slightly picked up some 0.1% against the greenback. This was the most peaceful year of the U.S. dollar-dong exchange rate during the 2015-2019 period and was the second year in which the local currency appreciated against the U.S. dollar (after 2017),” said Thuy. … [Read more...] about Peacetime in sight for the VND

Hanoi (VNA) – Clear mechanisms and policies play a specially important role as a launching platform for the private economic sector to make breakthroughs and greatly contribute to the national economic development. Resolution 10/NQ-TW of the Party Central Committee on developing the private economy into an important driving force of the socialist-oriented market economy reflected the strong renovation of the Party regarding this issue, paving the way for the private economy to become a dynamic and creative economic sector. To realise the resolution, the National Assembly issued and instructed the implementation of several important laws such as the Law on Competition and the Law on Support for Small- and Medium-sized Enterprises. The legislature also issued a law amending some articles of the Investment Law in which conditional businesses lines were cut down from 267 to 243 from July 2017. The Government, ministries, sectors and localities have issued many guiding documents … [Read more...] about Clear policies – launching platform for private economy