Vietnamese newspaper articles

Feedback from local and foreign businesses and investors, however, show there is a lack of practicality in the framework of policies and administrative procedures in Vietnam, according to Mr. Hoa. Links between ministries and agencies in implementing administrative procedures for enterprises to access incentives to adapt to Industry 4.0 remain ineffective. … [Read more...] about Hurdles to surmount in smart manufacturing

According to the MPI, all enterprises in industries such as textiles and garments, electronics, automobiles, and pesticides are facing difficulties due to material shortages, 30-60 per cent of which are imported from China. “Enterprises’ material stock can help them maintain production until late February. If material shortages continue, they will have to halt production in March,” stated a report from the MPI’s Agency for Enterprise Development. “The hindered production will take a heavy toll on economic growth, budget revenue, employees, and the whole society.” … [Read more...] about BUSINESS NEWS HEADLINES FEB. 21

For every three coffee chains that join the market, two leave Entering the food and beverage sector in 2012 and opening a series of cafes, Phuc Long once caught the special attention when stating that it would compete with Starbucks, which set foot in Vietnam in 2013. … [Read more...] about Battle heats up among coffee chains in Vietnam

Under the arrangement, MB, SHB, and BAC A BANK have to prepare counterfunding that can cover the financing needs of their SME customers. The SMEDF partners now with five banks, all of whom wield significant experience and have branch networks of wide coverage across the country. We will also shake hands with Agribank and VietinBank, so the coverage will be wider. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 22

With VND23.123 trillion worth of pre-tax profit, an increase of 14 percent compared with 2018, Vietcombank is leading the banking system in terms of profit. The No 2 still belongs to Techcombank with VND12.838 trillion worth of pre-tax profit, up by 20.4 percent over the previous year. As the third most profitable bank, VietinBank has caught attention from the public. … [Read more...] about VN banks still living on credit