business environment

Update news business environment

With an increasingly open business environment, and continuing international integration, Vietnam has long been regarded as a promising destination for foreign investment.

 

Satisfaction index of public services to be unveiled in April

The Satisfaction Index of Public Administration Services (SIPAS) 2019 is scheduled to be released this April, according to the Ministry of Home Affairs (MoHA).

Deregulation the way forward for business: expert

Nguyen Dinh Cung, former director of the Central Institute for Economic Management and member of PM Nguyen Xuan Phuc's economic advisory group, speaks about measures to improve the business environment.

 

Business environment improved for enterprises

Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc talks to about Vietnam’s efforts to improve its business environment.

ADB affirms economic growth potential of Vietnam

The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.

Vietnam under pressure to address corruption in private sector: UNDP

Corruption increases the cost of doing business, distorts the competitive environment, limits opportunities for investment and widens the growing social inequality, according to a UNDP expert.

New FTAs put pressure on VN to reform business practices

New-generation Free Trade Agreements (FTAs) are expected to help Viet Nam become more competitive if the country reduces trading costs and improves its business environment, experts said on Tuesday at a conference in HCM City.

 

Two decades of historical admin reform for business operations

The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment. 

Vietnam parliament requests building law on expats

The number of expats in Vietnam rose from 72,172 in 2013 to 88,845 in 2018, the majority of whom are holding key positions, including manager, CEO and technician.

Admin reforms will make nation more competitive

VietNamNet Bridge – Vuong Dinh Hue, Deputy PM and Head of the national steering committees on National Single Window and ASEAN Single Window, tells Hai Quan that admin reforms will target reaching ASEAN-4 levels

Administrative procedures stifle business growth

VietNamNet Bridge - The bigger that businesses get, the more administrative procedures they must follow, which often stifles growth and the desire to expand. 

Just 3% of bank loans go to SMEs

 VietNamNet Bridge –Only 3% of bank loans have found their way to small and medium enterprises (SMEs), and less than one-third of SMEs have gained access to credit,

Tax reform too slow: official

VietNamNet Bridge – Deputy Director of the Department of Business Environment and Competitiveness of the Central Institute for Economic Management, Nguyen Minh Thao, spoke to the Hai Quan newspaper about Viet Nam’s tax and insurance reforms.

Biz conditions need to improve

 VietNamNet Bridge – Vu Tien Loc, president of the Viet Nam Chamber of Commerce and Industry (VCCI), talks with Nhan Dan Cuoi Tuan Newspaper about creating a good business environment in Viet Nam.

PM highlights TPP opportunities and challenges

 VietNamNet Bridge – The Trans-Pacific Partnership deal is set to facilitate trade and investment, bringing more benefits to production, business, workers and consumers,

Vietnam luring investment from Asian neighbours: planning ministry

 VietNamNet Bridge – Capital from regional neighbours into Viet Nam is increasing, the Ministry of Planning and Investment's Foreign Investment Agency (FIA) said.

WB chief economist’s assessment of VN’s economic performance

VietNamNet Bridge – The World Bank chief economist in Viet Nam, Sandeep Mahajan, has shared his views on the country’s socioeconomic performance in the first months of 2015 after the Government presented a socioeconomic report

‘Revise Accounting Law' says Minister

VietNamNet Bridge – Reporting to the 13th National Assembly on Friday, Finance Minister Dinh Tien Dung stressed the need to revise the Accounting Law to build a complete legal framework that would hold relevant bodies responsible for abiding

Too many business conditions remain in VN

 VietNamNet Bridge – Tran Hung, vice chairman and general secretary of the Vietnam Advertising Association (VAA), has complained that too many business conditions have hit enterprises in the sector.

Vietnam to cut customs clearance time in bid to improve business environment

 VietNamNet Bridge – Co-operation amongst customs agencies and ministries still leaves much to be desired, said Pham Thanh Binh, a customs expert from USAID's Governance for Inclusive Growth Program in Viet Nam.