Update news VCCI

What will happen to Vietnam’s economy wad  be a question that many Vietnamese people raised at the historical moment when the US President Bill Clinton declared the lifting of the embargo against Vietnam, at 5 am  February 4, 1994, Hanoi time.

The consequences of US lifting the embargo against Vietnam in 1995

At the historic moment when US President Bill Clinton lifted the embargo against Vietnam, at 5 am on February 4, 1994, Hanoi time, Vietnamese wondered at the time how it would affect the country.

More than 3 million business households disappear from documents

VietNamNet Bridge - More than 3 million business households listed by the General Statistics Office (GSO) cannot be found in the General Department of Taxation (GDT) documents.

Many adults afraid of starting own business

 VietNamNet Bridge – Only 39 per cent of Vietnamese adults saw opportunities in doing business, while 58 per cent of the people thought they had the capacity to do business.

Policymakers accused of discriminating against businesses

The 2008 Law on Promulgation of Legal Normative Documents stipulates that ministries and branches must collect opinions from subjects to be covered by laws when drafting laws and legal documents. 

Many small enterprises hit the wall

 VietNamNet Bridge – For the first four months of this year, 3,249 small enterprises have closed their business, and 19,000 others temporarily stopped operations,

Hanoi enjoys more preferences, but remains less dynamic

 VietNamNet Bridge - Hanoi, the capital city, is believed to be favored over other localities, but lags far behind them in the provincial competitiveness index.


Sharp rise seen in VN consumer confidence; VN-EU pact to deliver the goods; Steel industry seeks more Gov't help; Budget revenue up, oil down; Hanoi seeks to attract more investors; Number of new realty companies surges

‘We can if other countries can'

 VietNamNet Bridge – The Government's first Resolution in 2015 carries a strong can-do spirit that should benefit the business community, VCCI Chairman Vu Tien Loc tells the Nong Thon Ngay Nay (Countryside Today) Newspaper.

Vietnamese experts against yuan payments

VietNamNet Bridge – A proposal by the Chinese Business Association and Industrial and Commercial Bank of China for making payments in renminbi, or the Chinese yuan, in Viet Nam has met with opposition.


Synthetic fiber manufacturer to hold IPO; HCM City to host Viet Nam Expo 2014; Sharp rise in Visa transactions; Dong Nai invites NGO funding for development; Over 1.8 billion USD to expand Duyen Hai power plant; Relief for software firms


US imposes tariffs on Vietnamese steel nails; Property market on road to recovery; Vietnamese bank increases support for businesses in Russia; Revised Investment Law to help lure more FDI: experts; Ministry amends decision after trademark lawsuit


 HCM City to set up 28 industrial clusters; Ha Noi to speed up land right transfers; Ceramic makers admit need for improvements; Viglacera to begin work on four industrial parks; Enterprises disappointed about slow administrative reforms: VCCI

One-third of enterprises in Vietnam make profits

 VietNamNet Bridge – Only more than 30% of 485,000 operational enterprises in Vietnam have been profitable in the year to October despite lingering economic woes,

Vietnam eagerly applies one door customs mechanism

VietNamNet Bridge – Deputy General Director of the Foreign Trade Agency under the Ministry of Industry and Trade Tran Thanh Hai spoke with the Vietnam Economic News about Vietnam’s participation in the ASEAN one door mechanism


 Fragrant rice comes to throne in Mekong Delta; Metro development costs dearly in Vietnam; Sri Lanka – Vietnam trade centre opens in Colombo; Businesses increase to invest in agriculture; Multiple charges erode seafood competitiveness


 Vinaphone to slash rates for international roaming; Hungary opens trade office in Vietnam; VCCI forecasts rising sales towards year-end; Vietnam ranks second among foreign investors in Laos; Industries unable to source locally-made components


 PM to address business concerns this month; Hai Duong attracts biggest FDI project nationwide; Mekong Delta agriculture production plan approved; Q1 budget revenue: positive signs for rest of year

2014 – a difficult year for businesses

 VietNamNet Bridge – Vietnamese businesses should reengineer and streamline their operations in 2014 to maximize efficiencies said President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.

Seychelles President begins VN visit to spark new ties

 VietNamNet Bridge – The President of the Republic of Seychelles, James Alix Michel, will begin an official two-day visit to Viet Nam today, according to the Ministry of Foreign Affairs.