More and more young people started their businesses in internet. Several fan pages have attracted attention of tens of thousands of people or even hundreds of followers who are traders. For instance, 28-year-old Nguyen Thi Kim Thoa in To Ky Street in District 12 shared that she has sold foreign-made clothing and cosmetics for three years earning from VND15 million- VND20 million per month. She has to update and sort out new clothes everyday as well as receive and reply feedbacks of customers without stop. She had felt fatigue at first; yet she has not been so busy later after hiring an assistant; therefore, her business has gone smoothly. … [Read more...] about Young businesspersons focus on creative businesses
E commerce platforms
Additional US$1 million fund established to aid startups in Binh Duong
According to Di An Town Party Chief Bui Thanh Nhan, the town party committee has been determined to complete goals set at the Party Congress in the 2020-2025 term. Moreover, the party committee has been carried out breakthrough programs to get the recognition of the second-class town in the end of 2021 and the first-class town in 2025. … [Read more...] about Additional US$1 million fund established to aid startups in Binh Duong
Experts urge caution on M&A exploiting low share prices
Vo Quang Ha, deputy chair of the Handicraft and Wood Industry Association of Dong Nai, said foreign investors, especially China, have contacted local garment and textile and wood enterprises to negotiate capital contributions and share purchases. Under normal conditions, foreign investment together with the transfer of new technologies helps Vietnamese businesses increase their competitiveness. However, these days, foreign investors are targeting domestic businesses because of their low-priced stocks. Other countries in the world are also concerned about foreign investors taking advantage of plunging stocks and the volatile market conditions induced by the Covid-19 pandemic to acquire firms at low prices. … [Read more...] about Experts urge caution on M&A exploiting low share prices
Việt Nam posts remarkable economic achievements in 2016-20 period
In four consecutive years from 2016 to 2019, Việt Nam completed and exceeded the set plans, which created momentum for the country to stand firm in hard times. The country is ranked in the group of countries with the highest economic growth in the world. Its macro economy has remained stable while institutional reforms have been accelerated. These achievements are thanks to the participation and actions of the business community and people, under the comprehensive leadership of the Party. … [Read more...] about Việt Nam posts remarkable economic achievements in 2016-20 period
Popular highland towns to bask in Tet travel rush
In the previous years, the resort was usually only fully occupied during Christmas and New Year holidays thanks to a surge in international visitors. But this year, rooms during Lunar New Year are full because more Vietnamese tourists flock to domestic destinations due to travel restrictions imposed by the Covid-19 pandemic. … [Read more...] about Popular highland towns to bask in Tet travel rush