Vo tri thanh

At the seminar, Dr. Vo Tri Thanh, Director of the Institute for Brand and Competitiveness Strategy, said that the Covid-19 pandemic can be considered a test because, in the future, there might be many changes with greater influences in the context that economies in the globe are increasingly interconnected, tied, and relied on each other. The Vietnamese economy is under great pressure from the poor demand for goods, products, and services, and now faces the risk that the supply capacity is affected. According to Dr. Vo Tri Thanh, after two investigations, only 2 percent of enterprises have not been affected. The vast majority of enterprises have not had enough cash flow of revenues and expenditures, and many of them have ceased operation or gone bankrupt. With the same point of view, Mr. Pham Binh An, Deputy Director of the Ho Chi Minh City Institute for Development Studies, said that up to 84 percent of HCMC-based enterprises have been facing difficulties, and only 10 percent of … [Read more...] about Economic reopening helps enterprises to recover

"The Government promptly and vigorously brought in policies to support enterprises. But that determination has not percolated down to all levels and localities. The enforcement of these policies is not synchronised between the central and local levels due to a rigid mindset and some officials’ fear of taking responsibility by approving enterprises’ applications for support packages. … [Read more...] about Procedural bottlenecks prevent businesses from benefiting from Government support packages

To increase the export value of wooden products, the Vietnam Administration of Forestry said that local companies need to focus on maintaining growth in five high export markets, including the US, Japan, China, the EU, and the Republic of Korea. At the same time, they should expand market shares in a number of potential markets through efficient trade promotion programmes. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13

Bo Xuyen village in Hoang Dieu ward, Thai Binh city is known as the home to the famous Bo guava of Thai Binh Province. Bo guava was once believed to disappear but visiting Hoang Dieu ward today, visitors still have the opportunity to enjoy this rare specialty. The one who is credited with preserving this "treasure" is Mr. Bui Huu Trong. … [Read more...] about Vietnam’s unusual and special products

Tran Thi Hoa from Tan Thanh Village said sometimes she wanted to stop her treatment so she wouldn't be a burden to the family. Both Hoa and her husband, Tran Van Thin, were healthy and worked hard to support their family. However, in August 2018, Thin fell while fixing the roof and suffered from traumatic brain injuries. Thin has been bed-bound since then and can hardly recognise his surroundings. He has to depend on his wife for everything. In May, Hoa was diagnosed with breast cancer. Hoa said she nearly fainted after thinking about her husband and children's future. "My husband is bed-bound. My eldest child is in 12th grade and the youngest is 8 years old. If I become seriously ill and can't work anymore, what will become of us?" she said. "Sometimes I want to stop my treatment because I don't want to left huge debts to my children." When Thin was injured, Hoa had borrowed from everywhere to pay for his treatment. They still can't repay all of the debts. Hoa had to have one … [Read more...] about Ill wife struggles to take care of bed-bound husband and small children