The Vietnam Chamber of Commerce and Industry (VCCI) and the SME Support Japan organisation introduced J-GoodTech, a Japanese online business matching platform, to Vietnamese enterprises on June 19.
Vietnamese enterprises shipped around 500 tonnes of goods, including coffee, instant noodles, sweet potato, cabbage, pineapple, watermelon, and dragon fruit, to Singapore in March, according to the Vietnamese Trade Office in Singapore.
Trinh Thanh Hung, deputy director of the Science and Technology Department under the Ministry of Science and Technology, talks about the co-operation between his department and Vingroup to found the Vingroup Innovative Foundation (VINIF).
Vietnamese enterprises are aiming to widen deep processing to diversify products to better serve their export markets.
Phan Duc Hieu, deputy director of the Central Institute for Economic Management, talks to Việt Nam News on the need to have strong co-operation between the Government and enterprises to succeed in the international market.
Vietnamese products are attractive to foreign distribution channels as lots of purchase departments of foreign distribution channels have arrived in Vietnam to speed up purchasing contracts with local enterprises.
Vietnamese enterprises are not doing enough to learn about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which make them fail to grasp opportunities arising from the trade deal.
Vietnam has considered adding regulations of household business to the revised Law on Enterprises that is set to be submitted to the National Assembly for approval in October.
While many Vietnamese enterprises are in need of high quality human resources in logistics, graduates of vocational schools are not meeting the requirements of employers in terms of quality.
Vietnamese enterprises are advised to build better business strategies after the US slapped huge tariffs on Vietnamese steel.
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to put pressure on Vietnamese enterprises to increase their competitiveness in order to make inroads into the European market.