Economic groups, corporations and big companies voiced their concerns over severely tightened monetary policies at a forum in Ha Noi last week. The forum evaluated inflation’s impact and Government Resolution 11, which aimed to curb inflation. The Bank for Investment and Development of Viet Nam (BIDV) organised and conducted the meeting. Contributors revealed that in [...]
Private enterprises seem to be at a disadvantage compared with foreign invested enterprises (FIEs) on the home playfield. For the last many years, FIEs in Vietnam have been raising their voice asking for a leveling competition environment, where they can join a fair competition with domestic enterprises. However, experts have pointed out that in fact, [...]
A lot of economic groups and general corporations are trying to sell stakes in order to reduce the investments in non-core business fields, because they know that they will have to do this, sooner or later. The Ministry of Finance is drafting the decree on the capital use and finance management at state owned enterprises [...]
Businesses have complained that they have incurred big losses due to the “dirty PR campaigns” on the Internet carried out by their rivals. Meanwhile, the penalties prove to be not heavy enough to render the violators. In the digital era, there are many ways of speaking ill of the rivals, and one of the most [...]
Enterprises in Vietnam are going through a tough period as they are facing three mahor problems including capital shortages, surging material prices and stagnant demand. Commonly, despite feasible projects and vigorous plans many are reluctant to expand operations and even narrow businesses down due to high-sky interest rates. Ly Kim Chi, vice chairwoman of the [...]
There are radical changes in current business landscape compared to several months ago with scarce capital and growing stockpiles firms’ largest burdens at present, Vietnam Chamber of Commerce and Industry (VCCI) general secretary Pham Thi Thu Hang tells VIR. The government’s recent decision on corporate income tax reductions for small- and medium-sized enterprises (SMEs) from [...]
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