Hanoi (VNA)🗹 - An online talkshow was held recently to discuss measures to help enterprises maintain or restore operation following the COVID-19pandemic.
Chief of the Vietnam National Productivity Institute (VNPI)’s Office ofManagement and Innovation Solutions Cao Hoang Long said local small- andmedium-sized enterprises (SMEs) will face a host of difficulties if thepandemic lingers on, adding innovation in the current context is therefore inevitablebecause SMEs have no other choice. Participants also touched upon trends and corporate governance solutions forstabilising business operations and improving work productivity followingthe epidemic. According to a recent survey by the Vietnam Chamber of Commerce andIndustry, nearly 85 percent of surveyed enterprises said their markets have shrunkwhile 60 percent lack capital because of disrupted inflows. Forty-three percentmust lay off their workhands and 82 percent said their revenue is on the decline. Respondents suggested that the State cut interest rates, extend debtpayment deadlines, and delay social insurance payments to ease the difficulties. A report from the Ministry of Labour, Invalids and Social Affairs said that553 units in 30 cities and provinces have scaled down their operations and 322businesses along with 30 cooperatives and nearly 300,000 households were forcedto shut down due to the impact of COVID-19. A survey of around 200 enterprises by the VNPI also revealed that they face shortagesof production materials and higher inventories as well as falling productivity./.
The COVID-19 pandemic has hit Vietnam from the end of January, directly impacting the domestic labour market, according to the General Statistics Office (GSO)'s report on labour and jobs in the first quarter of this year.
Thailand's Stark Corporation has completed the acquisition of Vietnam-based Thinh Phat Cables (Thipha) and Dong Viet Non-Ferrous & Plastic (Dovina) for a combined value of 240 million USD.
Key industries like textiles, footwear, electronics, food and seafood processing must be prioritised for support in the “new normal” situation, said Truong Thanh Hoai, Director of the Industry Department under the Ministry of Industry and Trade (MoIT).
Volatility in global supply chains following COVID-19 is both a challenge and an opportunity for Vietnamese businesses to make inroads into the global supply of Halal products, a workshop in Hanoi on April 28 heard.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Photo: Internet) 
