A conference on innovative business models in the context of the fourth industrial revolution was held in Ho Chi Minh City on May 18, with experts from Vietnam and the Republic of Korea (RoK) attending.

 Representatives from APEC member economies gathered at a symposium in Hanoi on May 19 to share experience in promoting trade and innovation and explore activities that APEC can undertake to boost innovative growth in the region.

 The Vietnam E-Commerce Association agrees with what most governmental bodies have been saying for some time—that small to medium size local companies really aren’t doing much online business-wise.

 HSBC Bank said in a report that Vietnam’s economic performance continues to be robust with inflation easing gradually despite higher energy prices and increased costs of healthcare and education.

 China, already the largest importer of Vietnam’s sticky rice, has emerged as the biggest buyer of Vietnamese fragrant rice, according to exporters.

 Daesang’s recent acquisition of Duc Viet Food is evidence of the potential to be found in Vietnam’s sausage market.

 Minister of Planning and Investment tells PM's meeting with businesses of matters considered important in improving Vietnam's business environment.

 A Vietnam Chamber of Commerce and Industry (VCCI) report has highlighted bribery as a continued problem at a meeting of Prime Minister Nguyen Xuan Phuc with the business community on Wednesday.

 The Government has pledged to take stronger measures to create a level playing field for businesses and to improve the competitiveness of local enterprises.

 The Economic Committee of the National Assembly said careful consideration must be given to increasing crude oil output to boost economic growth.

 Private sector small businesses in retail and manufacturing are not demonstrating an ability to effectively compete in the international marketplace, says Dinh Thi My Loan, chair of the Vietnam Retailers Association.

 The Mekong Delta city of  Can Tho plans to open more domestic and international flights to the city by giving subsidies to airlines, with a maximum subsidy of $375,000 a year, said a local official.

 In a recent article, New York-based media firm Bloomberg has cited IMF outlook that Southeast Asia, including Vietnam, is taking over as the region’s growth leader.

 While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour. 

Here are the opinions of business leaders on what the fourth industrial revolution has in store for Vietnam.

 The Ministry of Transport has shortened the tolling duration of 13 build-operate-transfer (BOT) road projects by a combined 92 years and three months.

 The impressive growth of Viet Nam’s tourism sector has given a boost to tourism and resort property market, according to experts.

 Viet Nam has proposed an initiative on building an e-commerce facilitation framework within the Asia-Pacific Economic Cooperation (APEC), as it is an important content in the 2017 APEC’s agenda.

 Japan has become the largest market for Vietnamese shrimps, accounting for 21.9 per cent of the country’s shrimp export value in the first quarter of 2017.

 The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been made the exclusive financial institution to carry out settlements for derivatives trading transactions.