a digital mindset for digital economy management

A digital mindset for digital economy management

Dang Quang Vinh, deputy head of the Business Environment and Competitiveness Division at the Central Institute for Economic Management and member of the research team working on the National Strategy for Industry 4.0, highlights the importance of having suitable policies and institutions in place to enable businesses to make avail of opportunities brought about by Industry 4.0.  
new decree to serve as motivation for vietnamese businesses

New decree to serve as motivation for Vietnamese businesses

Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry (VCCI), confirmed that removing unnecessary administrative procedures and business conditions will motivate Vietnamese businesses.
spurring more funds into startups

Spurring more funds into startups

Industry insiders are scrutinising a Ministry of Planning and Investment draft to the decree regulating investment into innovative startups that has recently been publicised to elicit comments from the public.
simplifying business conditions an urgent need

Simplifying business conditions: an urgent need

Nguyen Dinh Cung, head of Central Institute for Economic Management, scrutinises recent efforts from authorised management agencies to improve the local business environment through simplifying procedures.
state to make 835 million on radical divestment bout

State to make $835 million on radical divestment bout

The Vietnamese government continues to publicise the portfolio of investment assets to be restructured. This time, it laid out the detailed list of state-owned enterprises marked for divestment during the 2017-2020 period. The opportunity to renew the asset structure of state-owned enterprises is being shifted to the private sector.
business environment needs to facilitate private sector growth

Business environment needs to facilitate private sector growth

Nguyen Chi Dung, Minister of Planning and Investment, stressed that Vietnam needs the private sector to step up to its responsibilities and aspirations and grow stronger, faster, to truly become the driving force of the economy.
smes find strong partner in 25 million government fund

SMEs find strong partner in $25 million government fund

A number of firms have started to look for help from the Small and Medium Enterprise Development Fund (SMEDF) after its first year of operation.
printing firms await legal overhaul

Printing firms await legal overhaul

Printing businesses are holding their breath waiting for revisions to a relevant legal document regulating the printing business which has hindered their operation since coming into force two years ago.
clear cut action plan to boost competitiveness

Clear-cut action plan to boost competitiveness

Nguyen Minh Thao, head of the Business Environment and Competitiveness Department under the Central Institute for Economic Management (CIEM), highlights changes in the newly released Government Resolution 19-2017 designed to help Vietnam boost its competitiveness.
nurturing the local startup culture

Nurturing the local startup culture

The Vietnamese government is making endeavours to grow the startup spirit among enterprises and the country’s younger generation. Deputy Prime Minister Vuong Dinh Hue told VIR’s Khanh An that Vietnam can have an impact on the international startup scene, and that in 2017, Vietnam’s startup movement will surge.
mpi proposes 15 new conditional fields

MPI proposes 15 new conditional fields

Study abroad consultancy, education quality appraisal, and “.vn” domain registering and maintenance service are among fields that the Ministry of Planning and Investment (MPI) wants to add to the list of fields where entities have to satisfy certain conditions to do business.
ho tram casino operators specialised airport given the go ahead

Ho Tram casino operator’s specialised airport given the go-ahead

The Ba Ria-Vung Tau People’s Committee has agreed in principle to the construction of Ho Tram Project Company Limited’s proposed specialised airport project, with Loc An commune selected for the location. The local people’s committee said that the airport will contribute to boosting the local economy and meet the transport demand of travellers to the area.
tcc leverages on ownership of both mega market vietnam and big c thailand

TCC leverages on ownership of both Mega Market Vietnam and Big C Thailand

The ownership of Mega Market Vietnam and Big C Thailand is going to benefit Thai company TCC in the region, not only in Vietnam and Thailand.
entrepreneurial community anxious about conditional business review

Entrepreneurial community anxious about conditional business review

Relevant guiding decrees on conditional businesses are slated for enactment no later than July 1, 2016, when thousands of business conditions will become invalidated by the amended Investment Law 2014. Phan Duc Hieu, deputy director of Central Institute for Economic Management, sheds light on the latest progress of the process and affirms the government’s commitment to step up support for the business community through simplifying conditional business requirements.
administrative reform first on companies list

Administrative reform first on companies’ list

Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc (VCCI) talked to VIR’s Khanh An about the current challenges facing companies that he would like Prime Minister Nguyen Xuan Phuc to address in his upcoming meeting with the business community.