Support packages setting up enterprises for positive 2022

Support packages setting up enterprises for positive 2022

In a bid to reach higher economic growth over the next few years, and with domestic production still struggling, the National Assembly will this week adopt a new fiscal and monetary package to provide some relief for the business community and the people.
Fresh push ahead for nation’s ever-improving enterprises

Fresh push ahead for nation’s ever-improving enterprises

Despite massive difficulties remaining due to the health crisis causing major disruptions in supply chains, domestic industrial production has continued bouncing back, promising a brighter picture for economic growth.
USAID initiative gives helping hand to SMEs

USAID initiative gives helping hand to SMEs

With the support of the Linkages for Small and Medium Enterprises (LinkSME) project funded by the US Agency for International Development, Vietnamese connections of such enterprises have been improving significantly, along with enhancements of their financial management and a more inclusive digital transformation.
Cash injection to give economy lease of life

Cash injection to give economy lease of life

A gigantic economic recovery and development programme worth nearly $35 billion is expected to drive the economy to a higher level of growth, with focus to be placed on supporting enterprises and individuals as well as increasing investment in infrastructure development.
Prompt adjustments ensure remedy for enterprises

Prompt adjustments ensure remedy for enterprises

The economic crisis caused by the spread of the COVID-19 pandemic has prompted an extraordinary response in Vietnam, driven by monetary and fiscal policy.
Hanoi clears up businesses’ tax concerns

Hanoi clears up businesses’ tax concerns

Enterprises, especially foreign-invested firms affected by the COVID-19 pandemic, had their tax-related concerns cleared up by the Hanoi Department of Taxation during an online conference on November 16.
Range of options on hand for protecting enterprises

Range of options on hand for protecting enterprises

The Ministry of Planning and Investment has issued a draft decree on government incentives for businesses during the pandemic. Dr. Oliver Massmann from Duane Morris LLP points out the key groups of tasks for governmental agencies to succeed in this venture.
Plans afoot to push production ahead

Plans afoot to push production ahead

Domestic production has been hit hard this year, with numerous enterprises facing greater woes and leaving the market. However, the situation could be eased by a new special taskforce established by the prime minister.
Law provisions open doors for development

Law provisions open doors for development

While the laws on investment, enterprises, and funding under the public-private partnership model are appreciated by local and foreign stakeholders, they also await additional guiding documents to manoeuvre their projects effectively and safely through the legal landscape.
New economic priorities for a new year

New economic priorities for a new year

Despite no signals of an end to the global health crisis, the Vietnamese government is continuing to demonstrate its patience and efforts to drive the economy forward, with a new target for growth and wider solutions to improve national competiveness and create new space for enterprises to flourish.
Party congress to highlight critical role of private sector

Party congress to highlight critical role of private sector

Vietnam’s development outlook is set to be formulated over the next few weeks when the 13th National Party Congress takes place in Hanoi, with the role of the private sector in the economy to be further enhanced, creating a fairer playing field for enterprises across all economic sectors.
High expectations laid out through fresh policy move

High expectations laid out through fresh policy move

Three amended key laws on securities, enterprises, and investment have now come into force.
Vietnamese, Malaysian enterprises boost cooperation

Vietnamese, Malaysian enterprises boost cooperation

The Vietnam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a Memorandum of Understanding (MoU) on December 20 to bolster collaboration and exchange between enterprises of both nations.
Circular economy at the core of growth resurgence

Circular economy at the core of growth resurgence

By bringing enterprises on board to maximise the use of natural resources, the circular economy can play a crucial role in promoting comprehensive and sustainable growth in Vietnam in the next decade.
Enterprises reach out for assistance

Enterprises reach out for assistance

Facing massive difficulties, many enterprises suffering from stalled production are waiting for government-led policies to go further into the business community, making it more favourable to boost economic growth.
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