Vietnamese businesses

Update news Vietnamese businesses

Companies reporting profits actually incurred losses, audits show

A difference in profits of listed companies before and after auditing has left investors worried about the accuracy of finance reports.

Businesses in green zones resume operation

With control loosening, businesses in green zones in Hanoi will be able to restart their production and business activities. But they fear that control may tighten again if the outbreak gets worse.

85,000 businesses leave market in eight months

The strong outbreak of the fourth wave of the Covid-19 pandemic along with prolonged social distancing in many provinces and cities in Vietnam has severely affected Vietnamese businesses.

Southern provinces seek approval to end stay-at-work requirements

After one month of letting their workers stay at work, many businesses in southern Vietnam are seeking approval from the authorities to allow their employees to return to their own residences.

Businesses dig deep to make sure they come out on other side of pandemic intact

Businesses in Vietnam are making all efforts to survive the fourth wave of COVID-19 which is battering the country.

Businesses need more effective support amid COVID-19

Like many countries, Vietnam may have to depend on vaccines to achieve herd immunity and be virus-free, but enterprises may not be able to wait. They are in dire need of help and are craving new momentum to return to a “real normal” situation.

Nearly 60,000 businesses withdraw from market

The number of newly established enterprises is still increasing, but the rate of businesses withdrawing from the market has also risen.

Large groups report high profits

A series of large corporations reported a sudden increase in profits in the first quarter of 2021 and a positive outlook for the whole year despite the impact of the Covid-19 pandemic. This was an unusual development but was not too surprising.

Doing business in the time of the pandemic

In the fight against Covid-19, heavy economic losses to some people and businesses are unavoidable.

Number of businesses leaving market reaches record high

The year 2020 is witnessing a wave of enterprises leaving the market after being hit hard by the Covid-19 pandemic.

Billionaire shrimp farmer creds new farming tech for success

When starting a business, having the bravery to take risks isn't quite enough, according to a successful shrimp farmer in the south-central province of Khanh Hoa who earns VND15-16 billion (US$650,000- 700,000) a year.

Covid-19 pandemic shock: Opportunities in risks

Enterprises need to see the Covid-19 shock as an opportunity to turn things around and reform themselves.

Vietnamese companies among world’s most optimistic amid pandemic

Vietnamese companies are the most optimistic in the world in the context of the Covid-19 pandemic creating challenges for international trade,

Foreign investors still dominate Vietnam’s M&A market

Many Vietnamese businesses conducted successful mergers and acquisitions (M&As) in 2019 and 2020 but the market was still led by foreign investors, the Vietnam M&A Forum in HCM City on November 24 heard.

Huge number of bankrupted firms raises concern

Local experts have raised concern over the soaring number of businesses going bankrupt due to impacts of the Covid-19 epidemic, which may lead to tremendous damages for the macro economy, said Vietnamplus website, citing a report.

Why are so many businesses appealing for help from the PM?

Businesses and citizens appeal to the Prime Minister for help as a last resort. However, should this be done?

Ministry to evaluate impact of COVID-19 on businesses to identify support policies

The Ministry of Planning and Investment (MPI) will prepare a report on the efficiency of existing and new policies and support packages for businesses amid the COVID-19 pandemic, 

Decree aims to ensure companies benefit from corporate income tax cut

A decree has been published to guide the implementation of a National Assembly resolution offering firms a 30 per cut corporate income tax (CIT) cut.

Local firms struggle to fulfill needs of FDI companies

 Local producers must prepare to meet the requirements of foreign direct investment (FDI) companies to participate in the global supply chains, a top official has said.

 

How does business prepare for the ‘second wave’ of COVID-19 across Vietnam?

As Vietnam is grappling with the continued impacts of COVID-19, many companies are preparing plans to sail through the tough times.