Leading digital business transformation

Its foreign branches recorded net revenues of VND761 billion ($33 million), accounting for 5 percent of the consolidated net revenue. This figure was affected by business activities of the wholly-owned subsidiary Driftwood in the U.S., which were hit by the closure of schools in California - the main customer group - over Covid-19. … [Read more...] about Vinamilk records double digit growth in Q2 despite pandemic

Certain major goals of this strategy until 2025 include 100 percent of online public services having the 1-time identification feature and online payment; an administrative procedure being done completely online, except those which legally require real presence of subjects; 100 percent of national databases (land use, population, business registration, finance, insurance) becoming the foundation for e-government development via there common sharing nationwide; 80 percent of state offices providing open data to offer timely public services to the public; 50 percent of examination activities by state units being done in the digital environment. … [Read more...] about E-government growth to closely connect with smart city, digital transformation

Nguyen Quoc Ky, chairman of leading tourism company Vietravel, said that leaving the market will make it almost impossible to come back. Companies need to do all they can to survive and to keep their brands alive, otherwise they will have no chance when the situation improves, he said. … [Read more...] about COVID -19 makes life more difficult second time around: businesses

Businesses with revenues of VND25 billion (US$1.08 million) or less last year and those that transformed from household or individual businesses or start-ups can opt for the SSE Biz Loan with a margin rate when issuing letters of credit and zero guarantee or SSE Flex with flexible collateral rules including loans of up to 60 per cent of the credit limit without collateral. … [Read more...] about ABBANK unveils two preferential credit packages for small businesses

In early August this year, the EU-Vietnam Free Trade Agreement (EVFTA) officially took effect. This is a door that opens up many opportunities for Vietnamese enterprises to export to the EU market. Accordingly, Vietnam's rice products will be exempt from export tariffs to the EU, of which, 80,000 tons of rice will enjoy tax incentives. In the Mekong Delta, Trung An Company in Can Tho City is one of the exporters in the fragrant and high-quality rice segment to fastidious markets. The EVFTA is a rare opportunity for Vietnamese rice exporters. In the past many years, the company has associated with farmers to cultivate around 7,000 hectares of rice or around 150,000 tons of rice under safe procedures, meeting choosy markets, said Mr. Pham Thai Binh, Director of Trung An Company. This year, the company will strive to reach an export of 80,000 tons of high-quality fragrant rice. The current export price of fragrant rice of Trung An is the dream of many enterprises when reaching an … [Read more...] about Opportunities for Vietnamese rice