As businesses and people need emergency aid, former director of the Central Institute of Economic Management (CIEM) Nguyen Dinh Cung believes that the implementation of economic relief solutions needs to be organized in a quick and inexpensive way.

Small and medium enterprises (SMEs) need "painkillers" in the short term to increase liquidity and "vaccines" to develop sustainably in the long term.

National Assembly deputies say if the government gives financial support to real estate firms and private schools, it will only be saving rich people.

More measures and policies should be introduced to support enterprises, especially small and medium-sized enterprises (SMEs), in the context of a growing number of businesses temporarily ceasing operations due to the COVID-19 pandemic.

The Ministry of Finance (MoF) has issued a plan to provide legal support for small- and medium-sized enterprises (SMEs) this year with focus on tax, customs, securities, price and insurance regulations.

The health of businesses reflects the ‘health’ of the national economy. 

Prime Minister Nguyen Xuan Phuc has stated that the Government will create more favourable conditions for small and medium-sized enterprises (SMEs), which now account for 90 percent of the total in the country.

ITU Digital World, a global platform for accelerating information and communications technology (ICT) innovations, will take place in Ha Noi from September 6 to 9 next year.

Co-working space provider WeWork is expanding in Vietnam by opening two more offices in Ho Chi Minh City.

The new economic models of transportation, lodging services, fintech, energy, and digital entertainment are expected to drive the sharing economy in Vietnam if regulatory sandboxes become more readily available. 

Businesses complain they find it difficult to access loans, while banks say many businesses don’t have feasible business plans and cannot use capital effectively.

While the EVFTA and CPTPP have paved the way for Vietnamese enterprises to penetrate the world market, high taxes and interest rates have blocked their path.

The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.

The Ministry of Industry and Trade has transferred the jurisdiction over State capital at 11 out of 12 loss-making megaprojects to the Commission for the Management of State Capital at Enterprises.

Improving corporate governance capacity is a major challenge for businesses, especially small-and-medium sized enterprises when joining the EVFTA, requiring the Government to have policies and mechanisms to facilitate their operation.

Supply chain finance is gaining prominence as the global trade instability brings attention to Vietnam and domestic companies seek opportunities to partner with multinational buyers.

According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.

Vietnam is among the top countries attracting FDI in the Asia-Pacific region, but the rate of domestic SMEs participating in the value chains of foreign-invested companies is rather low.

Instead of turning their back to small and medium-sized enterprises (SMEs) as they did in the past, commercial banks are approaching enterprises despite problems in accounting and collateral.

The Ministry of Industry and Trade held a ceremony on Wednesday in Da Nang to release the Viet Nam Import-Export Report 2018.