Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further
How to provide emotional support
Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
“The economy emerged from the worst of the Covid-19 downturn in the third quarter of 2020, and we think the recovery will remain intact. Vietnam has been one of the best-performing economies globally for the past decade and we expect this to continue,” said Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
Vietnam’s field hospital in South Sudan honoured for outstanding contributions to UN peacekeeping
At a medal parade ceremony held in Bentiu, South Sudan on January 22, Head of the United Nations Mission in South Sudan (UNMISS) Bentiu Field Office Hiroko Hirahara and Sector Unity Commander for UNMISS Major General Shamim Kamal presented the medals to all 63 members of the L2FH2. … [Read more...] about Vietnam’s field hospital in South Sudan honoured for outstanding contributions to UN peacekeeping
Vietnamese firms thrive despite divestment of foreign shareholders
Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems. Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest. Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014. The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders
Congress to create new momentum for Vietnam: Ambassador
The ambassador quoted the Vietnamese leader as saying that the 13th Party Congress takes place amid a fast and complicatedly changing world, the Party is still facing a number of difficulties and challenges, and that firmly maintaining the Party’s revolutionary and trailblazing nature and building an increasingly clean and strong Party are the prerequisites for continuous development. … [Read more...] about Congress to create new momentum for Vietnam: Ambassador