Reducing logistics costs: A solution for competitiveness and attracting import-export goods

Reducing logistics costs: A solution for competitiveness and attracting import-export goods

With high costs, a lack of large-scale logistics centers, and fragmented infrastructure, the logistics industry still faces many challenges on its path to becoming a backbone of the economy.
Improving the competitiveness of businesses is an important factor

Improving the competitiveness of businesses is an important factor

VCN - Local competitiveness is not only based on economic management capacity, the favorable and friendly business environment and efforts to improve administrative reform efforts of provincial and city governments (PCI) but also relies on the competitive
Reducing the "burden" of logistics costs, increasing competitiveness for enterprises

Reducing the "burden" of logistics costs, increasing competitiveness for enterprises

VCN - Assessing the outstanding marks in Vietnam's logistics activities in 2023, the Import-Export Department (Ministry of Industry and Trade) said that Vietnam's logistics currently ranked 43rd according to the World Bank (WB) assessment.
Reducing the "burden" of logistics costs, enhancing businesses’ competitiveness

Reducing the "burden" of logistics costs, enhancing businesses’ competitiveness

VCN - Regarding the noteworthy achievements in Vietnam's logistics sector in 2023, the Import-Export Department of the Ministry of Industry and Trade reports that Vietnam is presently ranked 43rd according to the World Bank (WB).
Enhancing the competitiveness of Vietnamese agricultural products in the US and EU with quality and reputation

Enhancing the competitiveness of Vietnamese agricultural products in the US and EU with quality and reputation

VCN - Instead of competing by price as before, Vietnamese agricultural products will compete by quality and reputation to exploit higher and more sustainable value in the US and EU markets.
Hai Phong Customs makes effort to improve city’s competitiveness index

Hai Phong Customs makes effort to improve city’s competitiveness index

VCN - Hai Phong City People's Committee has issued Plan No. 243/KH-UBND on improving the provincial competitiveness index (PCI) in 2023 - 2024. The plan focuses on improving scores and rankings of three PCI sub-indices including: Informal charges, Proacti
Increase competitiveness in the EU market through  sustainable development

Increase competitiveness in the EU market through sustainable development

VCN - Sharing about the green standards that EU importers set for Vietnamese textiles and garments, Mr. Vuong Duc Anh, Chief of Office of the Board of Directors of Vietnam Textile and Garment Group (Vinatex) said, Textile and garment is the industry with
Proactively planning an effective business strategy

Proactively planning an effective business strategy

VCN - Many policies to support businesses have been implemented such as policies on exemption, reduction and extension of tax and fee payment deadlines; lending interest rate support; support credit loans to priority subjects.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
Increase competitiveness when export turnover comes from domestic enterprises

Increase competitiveness when export turnover comes from domestic enterprises

VCN - According to the Vietnam Chamber of Trade and Industry (VCCI), export-oriented industrialized countries, especially when export turnover comes from domestic private enterprises, are likely to more competitive and sustainable.
Moody

Moody's upgrades Vietnam's rating to Ba2

Moody's Investors Service upgraded the Government of Vietnam's long-term issuer and senior unsecured rating from Ba3 to Ba2 and changed the outlook from stable to positive.
Improve capacity to create momentum for economic recovery after Covid-19

Improve capacity to create momentum for economic recovery after Covid-19

VCN - The country's socio-economic recovery is creating great challenges but also contains many new opportunities for the country to rise and develop. The most important factor, according to many experts, is self-control and self-reliance. This will help
NA Vice Chairman urges for greater tourism competitiveness

NA Vice Chairman urges for greater tourism competitiveness

Many countries have soon adopted policies and measures to reopen their doors to foreign visitors and revive tourism, and this prompts Vietnam to keep up with this trend and not waste the time, Vice Chairman of the National Assembly Tran Thanh Man told a conference on December 25 afternoon.
Efficiency from assessment of competitiveness at Quang Ninh Customs Department

Efficiency from assessment of competitiveness at Quang Ninh Customs Department

VCN – The 2021 CDCI survey is designed with only 70-80 questions, ensuring the questions are focused on key contents. The questionnaire has a medium length, avoiding taking too much time for enterprises.
Necessary to form a regulatory body for reform

Necessary to form a regulatory body for reform

VCN- We want to improve the business environment, enhance competitiveness in the top four ASEAN countries, this is an ambitious but also reasonable goal, and will be the driving force for the upcoming reforms.
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