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Vietnam has signed Free Trade Agreements which helps Vietnam’s integration and facilitates institutional improvement for a long-term development. Exporters in e-commerce portals said that enterprises which use digital tool learn much about marketing skills and displaying commodities in addition to boosting sales up by 30 percent. Founder of Camellia Bees Nguyen Thu Trang shared that digitization has helped to attract a large number of customers ( up to 30 percent) and even 100 percent in peak season. Managing Director of Ha An company Nguyen Van Dong said that his company produces bamboo and wooden products. The company started selling the products in Amazon from July, 2019 with the support of Vietrade and Amazon Global Selling. Amazon has brought the company opportunities to get access to customers excluding Vietnamese customers. Moreover, thanks to using Amazon FBA , the company has resolved some problems including delivery and finishing the order. The company then could … [Read more...] about Exporters use digital tools to boost sale

More and more foreign and domestic companies see M&A as an effective channel to fast-track their growth, Photo: Le Toan Vietnam’s largest dairy producer Vinamilk has recently snapped up over 90 million shares of GTNFoods, which holds Moc Chau Milk, Vinatea, and Ladofoods brands. With the share price of VND13,000 ($0.56), the total value of the deal is VND1.171 trillion ($50.91 million). Following the deal, Vinamilk has increased its holding in the dairy producer from 2.32 to 38.34 per cent. The move is significant as it reflects Vinamilk’s intention to milk the demand for dairy products in Vietnam amid unfavourable market conditions throughout 2018. According to its 2018 annual report, since the fourth quarter of 2017, the dairy industry had recorded negative growth, and there have only been signs of significant positive change only since the fourth quarter of 2018. To battle the dairy industry’s slowdown in 2018, Vinamilk is ready for mergers and … [Read more...] about M&A gateway to firms’ growth and expansion

Deputy Prime Minister Vuong Dinh Hue Setting the scene At last week’s Vietnam M&A Forum 2018 in Ho Chi Minh City, Deputy Prime Minister Vuong Dinh Hue confirmed that the Vietnamese government is working diligently to provide a healthy, transparent, and conducive investment environment, the goal of which is to stimulate the development of the Vietnamese mergers and acquisitions (M&A) market both in quantity and quality, growing in line with economic development orientations. “M&A is becoming an attractive channel of investment as well as an important part of Vietnam’s economic restructuring, boosting the efficiency and competitiveness of the economy and businesses in the country,” said DPM Hue in his opening speech at the forum, which gathered more than 500 senior leaders from government agencies, organisations, leading businesses, and investment funds from both Vietnam and overseas. The deputy prime minister added that government agencies will … [Read more...] about Government steps boost M&A deals