SMEs urged to have deep understanding on EVFTA The EU - Việt Nam Free Trade Agreement (EVFTA) is expected to bring both opportunities and challenges for businesses, especially small-and-medium sized enterprises (SMEs). This was why SMEs should fully understand the provisions of the EVFTA.

Việt Nam sets ambitious plan for IT sector development Việt Nam targets to have 10 localities with revenue of more than US$1 billion each from information and technology (IT) by the year 2025.

Vingroup to give 2,400 ventilators to Russia and Ukraine Vingroup will give 2,400 invasive ventilators to Russia and Ukraine to help treat COVID-19 cases in the two countries between May 15 to August 30.

Industry and trade sector will promote support industry development

The Industry and Trade Ministry will promote the restructuring of industrial production sectors, especially the support industry, due to difficulties in production during the novel coronavirus (COVID-19) pandemic.

Vingroup completes design of two ventilator models for COVID-19 treatment Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a significantly high localisation rate in design and manufacture.

Automobile sale up despite COVID-19 spread

Vietnamese market saw February automobile sale of more than 17,600 units, marking a year-on-year increase of 41 per cent, according to statistics from the Vietnam Automobile Manufacturers’ Association (VAMA).

Ministry will continue support for businesses after epidemic The Ministry of Industry and Trade will continue to support local businesses after the coronavirus epidemic ends, a top official has said.

BIDV puts auto firm Vinaxuki up for sale to recover bad debt The Bank for Investment and Development of Vietnam (BIDV) has announced plans to put secured assets of Xuân Kiên Auto JSC (Vinaxuki) up for auction to recover the VNĐ1.26 trillion (US$55 million) non-performing loan.

Up to 64% of Japanese firms want to expand business in Việt Nam: Jetro About 64 per cent of Japanese enterprises plan to continue expansion of their business in Việt Nam due to its favourable investment environment.

Footwear industry likely to hit goals this year

The domestic leather and footwear industry could gain its production and business goals this year, according to Phan Thị Thanh Xuân, vice chairwoman and general secretary of the Việt Nam Leather and Footwear Association (Lefaso).