

The COVID-19 pandemic greatly impacted global and national production chains, forcing domestic enterprises to find new markets and develop new products.
The Government needs to do more to revive the business sector, Dr Trần Hùng Sơn, deputy president of the the Institute for Development and Research in Banking Technology under the Việt Nam National University HCM City has said.
A number of key tasks must be completed including the application of information technology to keep governmental agencies, the business community and consumers updated on the trade deal, along with support for Vietnamese enterprises to take advantage of trade opportunities.
International cooperation would be enhanced to develop a sustainable marine economy, with a focus on improving infrastructure, according to a project Prime Minister Nguyễn Xuân Phúc approved early this week.
Credit growth would likely reach only 9-10 per cent this year against 13 per cent last year even if the country’s infrastructure investment was good, experts forecast.
Việt Nam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA).