Agricultural company Lộc Trời Group on Thursday (May 7) signed a contract with Citek Technology Vietnam to instal the world’s leading enterprise resource planning solution, SAP S/4HANA.
Cutting costs is critical for the maritime transport sector, which is seeing a slowing down in activities due to the COVID-19 pandemic.
Inflated logistics costs are hampering the competitiveness of Vietnamese goods.
The economic report revealed the total value of support packages for production, business and social welfare was estimated at VNĐ600 trillion (US$25.8 billion).
In the first four months of 2020, the capital city recorded positive figures in foreign direct investment (FDI) despite the COVID-19 pandemic, according to the municipal Statistics Office.
Việt Nam has gained success in reforming business conditions over the past seven years. However, the nation has not reached its target at being one of the top four ASEAN business environments. Phan Đức Hiếu, deputy head of the Central Institute of Economic Management (CIEM), speaks to Vietnam News Agency about those issues.
Overseas remittances to HCM City in the first four months of the year are estimated to be US$1.8 billion, a year-on-year decrease of 2 per cent, according to the State Bank of Vietnam.