Southeast Asia’s GDP growth is likely to remain at 4.5 percent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, according to the latest report produced by the British advisory firm Oxford Economics.
Prime Minister Nguyen Xuan Phuc has required HCMC to further attract hi-tech foreign direct investment (FDI) projects; create advantageous conditions to develop small and medium enterprises and support industry; encourage innovation, startup and business development to increase the number of businesses in the city to 400,000 by 2020.
The Ministry of Industry and Trade yesterday organized a conference to popularize Decree 107 on rice trading and export, saying the decree facilitate small and medium enterprises’ participation in rice export market.
At the 45th conference of the APEC small and medium enterprises working group in HCMC, delegates debated solutions to develop SMEs, cooperation potentials and priority fields to improve competitive ability in the APEC region.
