Vietnam drops its ranking in WB’s report

Vietnam dropped its rankings in the World Bank’s report “Doing Business 2015: Going Beyond Efficiency” that was issued on October 29.

Vietnam dropped to 78th on the report’s “Ease of doing business” over 189 economies, moving down six places compared to last year. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

The ranking drops in all five categories. On Starting a Business, the country was ranked at 125th, moving down five places compared to last year. In addition, it has seen a drop in Getting credit; Paying tax; Protecting Minimal Investors and Trading Across Border.

By Bao Minh - Translated by Uyen Phuong

Other news

Most view

At the forum (Photo: SGGP)

Ben Tre Province facilitates agriculture investors

A forum held in the Mekong Delta province of Ben Tre yesterday had met to promote investment in agriculture with the participation of the provincial Party Secretary Vo Thanh Hao, Chairman of People’s Committee Cao Van Trong and 250 enterprises.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.