Reports delivered at the conference showed that Vietnam had about 1 million active enterprises by late 2025, up more than 25% from 2020, contributing roughly 60% of GDP and employing more than 16 million workers. They also account for the bulk of the country’s trade turnover, while Vietnam ranks among the world’s top 15 destinations for foreign direct investment.
Enterprises from the Republic of Korea (RoK) have raised US$1 million in support of Vietnam's response to the COVID-19 pandemic, said Choi Young-joo, chairman of the RoK-Vietnam Friendship Association, during an online working session held on June 30 with President Nguyen Xuan Phuc.
To help enterprises comply with tax regulations and ready for changes in tax policy, as well as avoid potential non-compliance risks, four important notes were recommended by EY Consulting Vietnam’s professionals at the “Tax and Law Symposium 2019” workshop.
U.S. Ambassador to Vietnam Daniel J. Kritenbrink on November 21 spoke at the U.S.-ASEAN Business Council’s (USABC) workshop in Hai Phong on Elevating Small and Medium Businesses into Industrial Revolution 4.0 and Inclusive Global Value Chains.
Vietnam’s industrial real estate market has been becoming a magnet for foreign direct investment (FDI) enterprises thanks to robust growth of macro-economy.
Prime Minister Nguyen Xuan Phuc has asked Binh Thuan province to further improve the investment environment, remove difficulties for enterprises, and boost the growth of both industry and agriculture.
Vietnam has abundant labour resources but many enterprises in the country say they cannot recruit a sufficient number of skilled workers, and as a result, cannot expand production activities.
Enhancing transparency in the natural resources and environment sector was a message that Minister Tran Hong Ha has sent to people, enterprises and his employees in an online exchange on November 7.
The Ministry of Industry and Trade has removed the inspection of formaldehyde content in textile and garment products that cause many difficulties to enterprises.
Hanoi - Local enterprises face barriers in doing business, and they expect the State to improve the domestic business environment in order to encourage the development of enterprises.
