In an increasingly technologically-driven and interconnected business community, companies have the responsibility to take the necessary steps to manage digital risk. Despite the importance of protecting against cybersecurity threats, PwC’s Digital Trust Insights survey has found that businesses of all sizes are equally unprepared to address these threats and protect themselves and their customers.
Despite the uncertain future of the Trans-Pacific Partnership, US companies are planning to continue expanding their investments and business in Vietnam.
Vietnam attracted 35.46 billion USD in total foreign direct investment (FDI) in 2018, equivalent to 98.8 percent of the previous year’s figure.
Vietnam is set to be one of the top remittance receivers in the world in 2018 with an estimated sum of 15.9 billion USD, deputy head of the State Committee for Overseas Vietnamese Affairs Luong Thanh Nghi said at a press conference in Hanoi on December 20.
The Support to the Innovation and Development of Business Incubators Policy Project (BIPP), partly funded by the Belgian Government, has proved effective after nearly five years of implementation in Vietnam.
Vietnam slipped one notch from the 68th to 69th place out of 190 economies in the World Bank Group’s Doing Business 2019: Training for Reform report, released on October 31.
Ministries and sectors are planning to reduce and simplify over 3,800 business conditions of the more than 6,200 in total, equivalent to 61.3% and exceeding 11.3% compared to the requests made by the Government and the Prime Minister, according to the PM’s working group.
Vietnam attracted more than US$20 billion in foreign direct investment (FDI) in the first half of 2018.
The world’s wooden interior décor market is predicted to grow 3.5% in 2018 and continue expanding, bringing chances for Vietnamese businesses to raise exports of the products.
Owners of lotus ponds around Hanoi have been collecting millions of Vietnamese dongs each day, earning up to VND100 million per month by selling flowers and renting their ponds out to people who want to take amazing photos among the lotus.
More and more farmers in Vietnam are discovering the benefits of working with cooperatives and export companies and using clean farming methods to ensure high-quality produce.
Vietnam is to suspend the import of tamarind (tamarindus indica) from Indonesia as the product is contaminated with insects subject to Vietnam’s plant quarantine.
Enterprises must adopt new business models and create value beyond the expectations of customers to succeed in today’s competitive, fast-changing environment, delegates said at a forum held in HCM City recently.