HCMC FOODEX 2023 attracts over 200 local and foreign businesses
Over 200 local and foreign businesses participated in the Ho Chi Minh City Foodex 2023 on June 28 as a means of seeking partners and further expanding their distribution networks.
Over 200 local and foreign businesses participated in the Ho Chi Minh City Foodex 2023 on June 28 as a means of seeking partners and further expanding their distribution networks.
Newswire Vietnam Briefing of Dezan Shira & Associates has published an article highlighting the nation as an increasingly attractive place for businesses of all types, particularly given the country’s growing consumer class and dynamic workforce.
The enforcement of the Regional Comprehensive Economic Partnership (RCEP) on January 1, 2022, is anticipated to offer a wealth of fresh opportunities to businesses to penetrate a large market of 2.3 billion consumers and US$26.2 billion in global output, according to insiders.
The Hanoi Municipal People’s Committee required all businesses which are eligible for operation to create QR code places for their customers to scan.
Mentors are needed to help young Vietnamese entrepreneurs grow their businesses, but connections are still modest, experts said.
As many as 10,079 enterprises registered to be set up in the first month of this year with total registered capital of 151.1 trillion VND (6.5 billion USD), according to the General Statistics Office (GSO).
It is critical to enhance the awareness of businesses about non-tariff measures and build the capacity to tackle invisible trade barriers, experts have said.
Nearly 517,900 businesses were operating in Vietnam in 2017, rising 51.6% from the figure recorded in 2012, according to the general economic census announced by the General Statistics Office of Vietnam (GSO) on September 19.
Prime Minister Nguyen Xuan Phuc lauded effective cooperation between Japanese and Vietnamese businesses while receiving Special Advisor to the Japanese Cabinet Isao Iijima in Hanoi on December 23.
Many pavements in HCM City centre have again been adopted by business, particularly restaurants and bars.
Businesses will be allowed to negotiate with foreign partners to decide international roaming services starting June 1.