private enterprises

Update news private enterprises

Businesses complain about state bureaucracy, administrative burdens

Many businesses say state officials are not enthusiastic in solving enterprises’ problems and don’t even take applications to at least discover the enterprises’ problems.

Narrowing the ‘gray zone’ for enterprises

In addition to using contributions from FIEs, it's now the time to develop the private sector quickly and sustainably, VCCI (Vietnam Confederation of Commerce and Industry) deputy secretary general Dau Anh Tuan has stated in an article on VietNamNet.

Largest Vietnamese private enterprises become key driver to national economy

Although top 500 largest Vietnamese private enterprises (VPE500) represents a small part of the number of enterprises, it has greatly contributed to the operations of the private enterprise sector and the national economy, according to insiders.

Private enterprises too dependent on crony culture

Forbes Magazine recognized seven Vietnamese billionaires in it 2021 issue, which came as great news for the private sector. This news may now encourage other Vietnamese business people to look more towards development and new ideas.

Private enterprises lack internal strength and driving force to develop

How will Vietnam overcome challenges to realize its development plans? Nguyen Dinh Cung, former head of Central Institute for Economic Management (CIEM), shares his perspective with VietNamNet.

Vietnam's private enterprises grow slowly

Many Vietnamese tycoons regret that the largest beer company in Vietnam, the Saigon Alcohol Beer and Beverage Joint Stock Corporation (Sabeco), has fallen into the hands of Thai investors.

Clearing bottlenecks for development of private enterprises

The growth of domestic firms, especially private ones, is expected to cause a significant qualitative change in FDI and export attraction.

Private sector should be pillar of Vietnam economy: expert

The private sector in Viet Nam should receive support to become a pillar of the local economy, said Nguyen Thi Nga, chairwoman of BRG Group.

Critical support needed for Vietnamese private enterprises

With a surge of domestic private enterprises spurred on by a more business-friendly climate, the government is vehemently pushing up administrative reforms in favour of investors and businesses.

The State needs do more to attract private investment in railway infrastructure

The State must play a key role in investing in the national railway infrastructure to boost development and attract more private investment, experts have said.

Vietnamese brands try to milk markets across globe

Vietnamese businesses are further participating in the global value chain and reaching out to the world market.

Private enterprises want to have a health business environment

Economist Dr Dinh The Hien, president of the Institute of Information and Economic Research (IIB), talks to Kinh tế & Đô thị (Economic and Urban Affairs) newspaper on the support the private sector wants to receive from the Government.

Private economy a driving force in Vietnam

 VietNamNet Bridge – Minister of Planning and Investment Nguyen Chi Dung talks to Vietnam News Agency on the Government’s resolve to help private enterprises become a mainstay in the national economy.

How many private businesses are there in Vietnam?

VietNamNet Bridge - The statistics on the number of private businesses released by state management agencies vary.

Big companies show fresh interest in agricultural sector

 VietNamNet Bridge – Ho Xuan Hung, chairman of the Viet Nam Confederation of Agriculture and Rural Development,

Private enterprises boosting offshore investments

 VietNamNet Bridge – A lot of private enterprises in Vietnam are shoring up offshore investment activity, particularly in regional markets, to make the most of material sources and tap into opportunities presented by these growing markets.

Offshore investments forecast at US$2 billion this year

VietNamNet Bridge – The Foreign Investment Agency has estimated the number of offshore projects to be licensed for local enterprises this year at around 150, and registered capital for fresh and operational projects at US$1.5-2 billion.

Fulbright expert warns of return to old growth model

 VietNamNet Bridge – Vietnam is likely to come back to the growth model fueled by the State sector rather than private enterprises in the coming years if strong investments from the former continue.

Sci-tech growth remains sluggish

VietNamNet Bridge – The private sector's role in scientific and technological developments is very low in Viet Nam, Ho Ngoc Luat, director of the Department for Science and Technology for Localities, tells Dat Viet (Viet Land)

VN lacks sufficient number of medium-sized enterprises

 VietNamNet Bridge - The latest report of the Vietnam Chamber of Commerce and Industry (VCCI) shows that Vietnam now lacks many medium-sized enterprises, making it difficult to participate in global value chains.