Private Sector

Innovation must power the next growth phase

May 01, 2019 | 18:00

In the context of the Fourth Industrial Revolution, the global economy is entering a period of growth mainly based on technology and innovation. Asian Development Bank economist Dominic Mellor writes on how Vietnam needs a more dynamic and innovative private sector fuelled by home-grown entrepreneurship.

In search of supply and value chain access

May 01, 2019 | 16:00

The Vietnamese government is making never-before-seen changes in the policies to support development of the private sector.

Maintaining a strong private sector

May 01, 2019 | 15:00

As Vietnam moves closer to developing a sturdy private sector, the government is being urged to create the best conditions for the sector to do business. Nguyen Van Binh, Politburo member and head of the Party Central Committee’s Economic Commission, talked with VIR’s Minh Quynh about this goal, with stress laid on the removal of private businesses’ obstructions.

Nurturing the required skills for the workforce

May 01, 2019 | 14:00

Vietnam is in a huge need of upskilling the local workforce to prepare them well for growing future demand among domestic private companies and foreign investors. Simon Matthews, country manager of ManpowerGroup Vietnam, Thailand, and the Middle East, provides analysis into the trend of labour recruitment in Vietnam, as well as possible impact of landmark free trade agreements on the local labour market ahead.

SCT exemption for localisation

May 01, 2019 | 14:00

Proposals on the special consumption tax exemption for locally-manufactured parts will be a key driver for automobile manufacturing and supporting industries to take flight with the help of the private sector.

Developing from strength to strength

May 01, 2019 | 13:00

Since June 2017 when Resolution No.10-NQ/TW of the fifth plenary of the 12th Party Central Committee was issued, defining the private sector as an important impetus of the Vietnamese economy, local privately-owned enterprises have been developing from strength to strength, making major contributions to the country’s economic growth. Thanh Dat reports.

Fostering development of creative minds

May 01, 2019 | 13:00

Vietnam is making great efforts to create strong private enterprises able to make major contributions to national socio-economic development.

VNPAY in top 10 at Sao Khue Awards

May 01, 2019 | 11:00

A Vietnamese company leading the way in electronic payments has scooped honours at an annual event that awards major breakthroughs in the country’s software and IT industry.

Embracing the world’s digital future

May 01, 2019 | 10:00

Most businesses feel the impact of digital disruption, whether it comes from a change in customer demands, employee needs, new competitors or new technologies. Nguyen Tuan Hong Phuc, director of Customer & Operations and Digital Consulting at KPMG in Vietnam, told VIR’s Dinh Thuy about the digital transformation journey for organisations.

Removing private sector roadblocks

May 01, 2019 | 10:00

Vietnam considers the private economic sector as one of its major economic powerhouses. Minister of Planning and Investment Nguyen Chi Dung talked with VIR’s Khanh An and Thanh Ha about the need to strengthen the country’s private economic sector to connect with foreign enterprises so as to maximise foreign investment and foster an independent economy.

Industry 4.0 strategy creation

May 01, 2019 | 10:00

The Fourth Industrial Revolution is on its way and knocking at the doors of businesses across Vietnam. Kieu Nguyen Viet Ha, deputy director of the Planning and General Affairs Division under the Ministry of Industry and Trade’s Department of Science and Technology, writes about the challenges and opportunities for Vietnamese enterprises at the dawn of the digital revolution.