The establishment of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN, offering opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. Viet Nam News reporter Thu Giang talks with expert and businesswoman about the AEC’s advantages and disadvantages on Vietnamese companies.
Many sectors have built long-term development plans but after a period of implementing those plans, they must adjust them to be suitable with reality.
At the beginning of December some banks cut deposit interest rates by 0.1-0.2 percentage points.
Jaruwan Suwannasat, director of TCEB Exhibitions and Events and Supat Sriwannavit, president of the Associations of Thai Lifestyle Products Federation, tell Việt Nam News that Vietnamese firms stand to gain a lot from participating in Thai trade fairs.
A number of big State-owned enterprises recently listing or preparing trading on the Unlisted Public Company Market (UPCoM) after long-delayed plans have attracted large investor attention. Tạ Thanh Bình, Director of Securities Market Development Department under the State Securities Commission, speaks to Việt Nam News about the newly effective regulation on obligatory listing for equitised State-owned enterprises and its impact on the market and equitisation progress.
The Government entrusted the Ministry of Planning and Investment (MPI) to draft a law to foster revisions of business regulations in the future. MPI’s Deputy Minister Đặng Huy Đông talks to Vietnam News Agency reporter Quốc Huy about related developments.
Nina Vaca, US Presidential Ambassador for Global Entrepreneurship gave advice to the many newly established businesses in Việt Nam during her recent visit to Hà Nội. Her objective was to create opportunities and expand global network exposure for entrepreneurs in developing nations. She speaks to Việt Nam News about start-ups.
Đặng Hương Giang, an angel investor who recently returned from a US study tour, also shares with Việt Nam News her view on the importance of initial investment for startups in the country.
The deputy minister of Industry and Trade (MoIT), Trần Quốc Khánh speaks to the media about the ministry’s efforts in administrative reforms.
High stockpiles coupled with fierce competition from cheap imported steel are hitting the domestic steel industry which is already under scrutiny regarding its impacts on the environment. President of the Việt Nam Steel Association Hồ Nghĩa Dũng speaks to bnews.vn on the necessity of investments in steel production as well as what should be paid attention to when investing in steel projects.
Đặng Hoàng Hải, head of the Ministry of Industry and Trade’s European Market Department told to chinhphu.vn about potential and also challenges from the EAEU-Việt Nam FTA for major export products of Việt Nam to the market.
Vinamilk, Việt Nam Dairy Products Joint Stock Company, expects to reach its target of becoming one of the top 50 global dairy firms in the next three years after it has shown strong development over the past 40 years.
Late June Thailand’s largest corporation, PTT Public Company Limited (PTT), postponed plans to build the US$20 billion Victory Nhơn Hội refinery and petrochemical complex in the south-central coastal province of Bình Định.
Around 3,000 business conditions under circulars have expired since July 1, 2016 and those were replaced by 50 new decrees on business conditions.
To implement the Government’s Resolution 35/NQ-CP to support and develop enterprises by 2020, the Ministry of Industry and Trade would have to amend, add and abolish regulations on import and export licences, market management, competition and the part supplying industry. Minister of Industry and Trade Trần Tuấn Anh speaks to the Vietnam News Agency about those issues.
Trần Thị Hồng Minh, director of the Business Registration Management Agency under the Ministry of Planning and Investment (MPI), talks about how the new regulations can be made effective in an interview with government portal chinhphu.vn.
The Unlisted Public Company Market (UPCoM) has been in operation for the past seven years with more than 300 enterprises participating and market capitalisation reaching nearly VNĐ70 trillion (US$3.2 billion).
The strong growth of the market is a challenge for its management authority – Hà Nội Stock Exchange (HNX). The Vietnam News Agency reporter spoke to HNX Deputy Director Nguyễn Anh Phong about the challenge.
Brexit could directly impact Việt Nam's garment and textile industry in the last quarter of this year, according to experts.
The Government has approved a plan to establish a special committee, which will operate like a business, to manage capital at State-owned enterprises (SOEs).
The Trans-Pacific Agreement has been signed and it promises growth opportunities for all 12 members. Trade is forecast to surge, requiring solid preparations by companies in logistics and port operations. Việt Nam News reporter Thu Ngân asks business executives how their companies are preparing and what Vietnamese companies should do to successfully integrate.
Viet Nam News spoke with Tharabodee Serng-Adichaiwit, general manager of Bangkok Bank Public Company Limited in Viet Nam, about the investment trend.
