AI application rise to come with a cost

AI application rise to come with a cost

AI is predicted to help businesses increase profits, but not all local businesses can yet afford to develop and apply it, according to industry experts.
Southern localities diversify tourism products to lure more visitors

Southern localities diversify tourism products to lure more visitors

Local businesses, tour operators, and accommodation providers in the southern region have been diversifying travel products to attract more holiday-makers in the coming National Day holiday from September 1-4.
A decarbonisation plan for local businesses

A decarbonisation plan for local businesses

As Vietnam is accelerating its sustainable efforts to a greener economy, decarbonisation must be integrated into businesses’ roadmap.
Hanoi connects commercial banks with local businesses

Hanoi connects commercial banks with local businesses

More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference on August 15 to connect local firms of Hanoi with commercial banks and the Hanoi Development Investment Fund (HANIF).
Initiatives to support digital worker search

Initiatives to support digital worker search

Vietnam is pushing for digital transformation, yet still lacks some of the necessary human resources to reach its goal of building a digital economy that contributes a good third to its GDP by 2030.
MoIT urged to reconsider retail restrictions proposal

MoIT urged to reconsider retail restrictions proposal

Unclear regulations in a draft proposal from the Ministry of Industry and Trade, on the classification and management of certain types of retail, could complicate the operations of local businesses and affect profits.
Why Vietnamese brands struggle in other markets

Why Vietnamese brands struggle in other markets 1

Trade protection and brand building have become an imperative for product distinction of local businesses in overseas markets.
HCM City supports firms hard-hit by COVID-19

HCM City supports firms hard-hit by COVID-19

Secretary of Ho Chi Minh City’s Party Committee Nguyen Thien Nhan has told municipal agencies to help local businesses affected by the COVID-19 pandemic maintain production and avoid bankruptcy.
Cash-strapped local businesses hunting for foreign M&A deals

Cash-strapped local businesses hunting for foreign M&A deals

The coronavirus crisis is expected to create mergers and acquisitions opportunities for foreign dealmakers in the coming months as cash-starved Vietnamese companies seek funding to overcome their difficulties.
A directive needed to improve Vietnam’s performance in 2019: PM

A directive needed to improve Vietnam’s performance in 2019: PM

Prime Minister Nguyen Xuan Phuc wants a plan in place to help local businesses drive the country to fulfil economic targets this year.