Vietnam business opportunities

A GE factory in the northern port city of Hai Phong. (Photo: baodautu.vn) Hanoi (VNA) - More than 50 leading US companies operating in different industries will arrive on March 12 to explore business opportunities in Vietnam, the US-ASEAN Business Council (USABC) has announced. These firms include Google, Apple, Microsoft, Coca-Cola, ExxonMobil, GE, Ford, MasterCard, Qualcomm, IBM, JP Morgan, Syngenta, AstraZeneca and Pfizer. Arriving on the heels of the 2nd DPRK-USA Summit in Hanoi where US President Donald Trump praised Vietnam as thriving like few places on the Earth, it will be the largest trade delegation ever sent from the US to Vietnam. The companies would be participating in an annual business mission that would discuss a wide range of issues and a health and life sciences mission, according to the council. A workshop on cybersecurity and data privacy would also be part of the week-long programme. Representatives of the companies would be … [Read more...] about Leading US firms to explore business opportunities in Vietnam

The world has entered the Fourth Industrial Revolution and  in Vietnam,  this is evidence in the digitization trend that has emerged in almost all fields, including trade, payments traffic management, education and healthcare. Many Vietnamese businesses are engaging in e-commerce, applying payment platforms using QR Code technology, e-wallet, social networking, IoT devices, and so on. These trends and other issues were highlighted at a forum on "Strengthening the capacity of Vietnamese enterprises to participate in the digital economy market" recently organized by Vietnam Chamber of Commerce and Industry (VCCI) and Facebook Vietnam. Pham Hoang Tien, director of Small and Medium Enterprise Support Center (VCCI), said that the social network allows businesses to reach new markets and customers, giving them the chance to build a strong and sustainable business. Tien said he highly appreciates Facebook’s Community Boost Program for SMEs in Vietnam, which provides … [Read more...] about Facebook ups business opportunities for Vietnamese SMEs

Overview of the Vietnam Business Forum 2018 (Source: VGP) Hanoi (VNA) – The Vietnam Business Forum (VBF) 2018 kicked off in Hanoi on December 4, with discussions focusing on the theme of “Sharing opportunities in the world of changing trade”. VBF serves as a dialogue mechanism between the Government of Vietnam and the domestic and foreign business communities with the aim of improving business conditions to foster the development of private enterprises and provide the optimal investment environment for Vietnam’s sustainable economic growth. In his opening remarks, Minister of Planning and Investment Nguyen Chi Dung affirmed that despite impacts of the rapidly changing regional and global situations on the national economy, the Government has taken drastic measures to implement set targets such as stabilizing the macro economy, stepping up administrative reform, and improving the business and investment environment. These efforts worked, with the macro … [Read more...] about Vietnam Business Forum discusses opportunities in changing trade