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Domestic enterprises remain struggling

Domestic enterprises remain struggling
15/03/2021

12:42
GMT+7
More than 90 percent of domestic enterprises are small and medium-sized. The advantage of this business model is that it quickly responds to market fluctuations.
However, in the opposite direction, due to small scale and weak internal resources, it is also vulnerable when the market experiences shock.
Production at Minh Man Printing Company is still stable despite the Covid-19 pandemic. Photo: SGGP
Bright spots
As soon as the Covid-19 pandemic broke out in early 2020, some domestic enterprises operating in the field of food and foodstuff production have changed rapidly. Accordingly, instead of being interrupted production due to the break of the source of imported raw materials, enterprises have transformed by cooperating or quickly investing in production lines of raw materials from domestic agricultural and ....

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USAID and the MPI in tandem to push SME development

USAID and the MPI in tandem to push SME development
08:00 | 31/12/2020
The Ministry of Planning and Investment has been carrying out its task as the foremost economic advisor and key policymaker of Vietnam with potent support from the US Agency for International Development (USAID). In a talk with VIRâs Nguyen Huong, USAID/Vietnam mission director Ann Marie Yastishock highlighted that innovation, along with science and technology, will be the backbone of the economy and a major content of the two bodiesâ cooperation moving ahead.
USAID/Vietnam mission director Ann Marie Yastishock and MPI Minister Nguyen Chi Dung launching the Program on Supporting Enterprisesâ Digital Transformation for the 2021â2025 period ....

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Small firms in supporting industries eye entry into global supply chains - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update:
December, 11/2020 - 16:20
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Small and medium-sized enterprises in supporting industries connect with foreign firms at a forum on Linkage and Investment Opportunities for SMEs held in HCM City on December 9. VNS Photo Thu Hằng
HCM CITY Getting access to information, strengthening market linkages and joining supply chains will help Vietnamese small and medium-sized enterprises in supporting industries recover from the disruptions caused by the COVID-19 pandemic, experts have said.
Nguyễn Phương Đông, deputy director of the Department of Industry and Trade, said building business linkages in various sectors and industries would help them expand their capacity and facilitate their integration into regional and global supply chains. ....

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