The report released on July 21 surveyed over 2,600 businesses across 14 countries, markets and territories throughout the world including businesses in Vietnam.

The survey stated that this is a good time for Vietnamese enterprises to proactively address any disadvantages and begin considering restructuring to take advantage of new opportunities.

Many companies in Vietnam are harnessing the power of technology to promptly meet business activities and market trends.

The report pointed out some important motivations for enterprises including digital competency to help Vietnam accelerate again, aiming at reaching an historic growth rate.

In particular, the recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) in June 2020 has helped Vietnam to redesign its supply chain to meet EU regulations and take full advantage of opportunities from this agreement.

The Covid-19 pandemic also contributed to warning businesses including Vietnamese businesses about the necessity of diversifying their supply chains to avoid risks due to over dependence on a specific market.

HSBC Vietnam Chief Executive Officer Tim Evans said that the Covid-19 pandemic has pushed businesses into an unprecedented crisis, but at this difficult time, technology is becoming the optimal solution to help businesses and the economy survive.

Many companies in Vietnam have shown that they are also harnessing the power of technology to promptly meet business activity needs and market trends, the HSBC Vietnam CEO said.

Chairman of Bac Giang provincial People's Committee Duong Van Thai: "Satisfaction of people, businesses is target of administrative reform"

(BGO) - On the occasion of reviewing 10 years of the Public Administration Reform Master Programme (PARMP) for the 2011-2020 period, Bac Giang Newspaper interviewed Duong Van Thai, Chairman of the Bac Giang provincial People's Committee on the results and the province’s orientations in the time to come.

Le Hong Van gives up thousand-dollar job to start business with dry pancake

(BGO) - Quitting a thousand-dollar job, Le Hong Van (born in 1988) in Tang Tien commune (Viet Yen district) has come back to her hometown to start a business. Currently, Joy Vietnam Co., Ltd., owned by Van, is producing thousands of dry pancakes every day. The products are available in many clean food chains and major supermarkets in Hanoi and some northern provinces.

Vietbuild International Exhibition 2020 attracts over 400 businesses

The Vietbuild International Exhibition 2020 officially opened in Ho Chi Minh City on June 24, attracting the participation of more than 400 enterprises with 1,800 pavilions.

Many businesses continue to export Bac Giang lychee to Japanese market

(BGO) - Many businesses continue to export Bac Giang lychee to Japanese market. The information was revealed by the Bac Giang provincial People's Committee in a press release on the lychee production and export to Japan in 2020.

Bac Giang: Business and production revenue in industrial parks hit 58 trillion VND

(BGO) – According to the Management Board of the Industrial Parks (MBIP) in Bac Giang province, 368 projects have to date operated, up 80 projects comparing to the late 2019, mostly in the industrial parks (IP) of Van Trung, Song Khe – Noi Hoang, Quang Chau and Dinh Tram.

Source: NDO