The Economy and Budget Division of the People's Council of Ho Chi Minh City made a field trip and had a meeting with key enterprises of the city on the preparation of goods for the upcoming Lunar New Year on December 23.
Many domestic enterprises participating in the Forum on Linkage and Investment Opportunities for Small and Medium-sized Enterprises, held by the US Agency for International Development (USAID), in association with the Department of Industry and Trade, and the Saigon High-Tech Park (SHTP) on December 9, affirmed that joining the global supply chain of supporting industry products is not difficult. The remaining problem is weak internal resources, so they cannot supply any high value-added product.
An online conference on connecting between enterprises in the Mekong Delta and overseas Vietnamese entrepreneurs in the United States was held in Ho Chi Minh City yesterday.
Amid the context that Vietnam has joined a larger and harsher “playground”, such as the EU-Vietnam Free Trade Agreement (EVFTA), the more Vietnamese enterprises need to be protected and must take measures to protect themselves.
Up to 45.6 percent out of 6,500 enterprises participated in a survey said that the trend of production and business in the fourth quarter would be better. The export market will see booming purchasing power, which has been held back for a long time.
A recently-released survey conducted by the General Statistics Office of Vietnam shows that most enterprises are optimistic about the business situation in the last quarter of this year.
The results of the survey on the business situation of enterprises in August this year by the Ho Chi Minh City Union of Business Association show that 40 percent of enterprises said that there are still many difficulties in recovering production and business activities after the Covid- 19 pandemic, 44 percent still face difficulties, 9 percent have started to overcome difficulties, and 5 percent have returned to a normal operational state.
There are more than three months left until the end of 2020 with too many fluctuations and impacts caused by the Covid-19 pandemic. To complete the annual revenue plan, most enterprises choose the plan to increase promotion, reduce the prices of goods to stimulate consumer demand, while minimizing costs to retain employees.
The Sourcing Fair for Supporting Industry with Buyer 2020 held by the People’s Committee of Ho Chi Minh City on September 17 attracted the participation of nearly 74 domestic and foreign enterprises. Mr. Duong Anh Duc, Vice-Chairman of the municipal People’s Committee also attended the event.
The Association of Vietnamese Entrepreneurs Abroad (BAOOV) in association with the Malaysia Business Chamber Vietnam on September 10 held an online seminar to remove and find the solution to import and export agricultural products, medical equipment, and supplies of Vietnam into the Malaysian market amid the context of the Covid-19 pandemic.
