Local businesses

Double-digit growth thanks to businesses with unique path in manufacturing and exporting

09:58 | 24/08/2023 Import-Export

VCN - Opting for a unique path in manufacturing and exporting, Tan Quang Minh Production and Trading Ltd., Co. (Bidrico) has defied the odds by pushing its products abroad, resulting in a two-digit revenue growth. Nguyen Dang Hien, CEO of Bidrico, shared insights into his company's approach.

Local businesses ramp up efforts to maintain production activities amid COVID-19

19:35 | 19/02/2021 Import-Export

Immediately after the Lunar New Year (Tet) festival, with the novel coronavirus (COVID-19) impacting many localities, domestic enterprises have strived to implement the year’s production plan whilst ensuring the strict implementation of the Prime Minister

Increasing number of local businesses promote sales through e-commerce

20:38 | 03/01/2021 Import-Export

For many domestic firms, in addition to searching for markets and customers through traditional channels, e-commerce is being increasingly viewed as a support channel that helps them to gain more opportunities to reach out to new buyers and reduce costs in transactions.

FTAs set to continue representing driving force for exports next year

16:28 | 10/12/2020 Import-Export

Local businesses have effectively utilised a number of free trade agreements (FTAs) signed by the country, many of which can be considered to add fresh impetus to boosting exports moving into next year, according to insiders.

Local businesses continue to suffer negative impact of COVID-19

19:18 | 16/08/2020 Import-Export

The ongoing complicated developments relating to the COVID-19 pandemic both globally and domestically are causing an array of difficulties for the local business community, with many of them enduring negative growth over the past few months with no positi

Local businesses told to upgrade upon entering EU market

16:08 | 06/08/2020 Import-Export

With the EU representing a meticulous market, there is no room for impatient businesses that show a lack of creativity or have poor-quality goods, meaning that local firms must be proactively innovative with their product quality and strive to meet high s

Second COVID-19 wave could sink local businesses

19:58 | 03/08/2020 Anti-Smuggling

Many firms have been caught off guard by the sudden spike in new COVID-19 cases, disrupting plans adjusted after the pandemic’s initial impacts.

Pathway for local businesses to benefit from EU trade deals

18:22 | 09/06/2020 Import-Export

With both the European Union-Vietnam Free Trade Agreement (EVFTA) and the European Union-Vietnam Investment Protection Agreement (EVIPA) being adopted by the Vietnam National Assembly, many local firms have pinned their hopes on capitalising on the opport

Local businesses losing out on array of online export opportunities

19:30 | 03/03/2020 Import-Export

Limited human resources and a lack of foreign language skills are hampering domestic firms and causing them to miss out on numerous opportunities to strengthen global trade exchange and develop their own brands.

HCM City wants local businesses to create global brands

10:23 | 22/12/2019 Import-Export

Ho Chi Minh City authorities are seeking to create favourable conditions for local businesses to develop trademarks and brands to compete with foreign rivals at home and abroad

Local businesses advised to capitalize on FTAs

14:30 | 03/11/2018 Import-Export

Despite its involvement in in numerous Free Trade Agreements (FTAs) and new-generation FTAs, Vietnam has yet to take full advantage of incentivesand opportunities it receives from its participation in FTAs.

Businesses urged to better equip themselves for economic int'l integration

20:00 | 29/12/2017 Import-Export

Local businesses in the process of international economic integration are being advised to invest wisely and make greater efforts to actively improve their competitiveness, management skills, and production methods.

Local businesses encounter difficulties seeking entry to ROK market

16:39 | 28/09/2017 Import-Export

A Free Trade Agreement between Vietnam and Korea took effect in December 2015. However, Vietnamese businesses are finding it more and more difficult to penetrate the market as the Republic of Korea tightens up on rules and regulations. These technical bar