E-invoices bring many long-run benefits

E-invoices bring many long-run benefits

From November, Ho Chi Minh City-based enterprises have officially applied electronic invoices (e-invoices) following new regulations. Many businesses worried whether the e-invoices would be complicated, increase costs, or congest the network? These concerns have been thoroughly answered by tax authorities, and businesses will also receive additional benefits when applying technology in management.
HUBA: Enterprises already exhausted, in dire need of financial support

HUBA: Enterprises already exhausted, in dire need of financial support

According to Mr. Chu Tien Dung, Chairman of the Ho Chi Minh City Union of Business Associations (HUBA), the resources of enterprises have been exhausted, and they no longer have enough capital to restore production quickly. Therefore, businesses need mechanisms and support policies to remove difficulties for economic recovery and development in the coming time.
Mr. Nguyen Thanh Phong, Chairman of the People's Committee of Ho Chi Minh City, speaks at the meeting. (Photo: SGGP)

HCMC creates favorable conditions for enterprises to recover, develop

Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
Customers go shopping at a supply-demand connection program between Ho Chi Minh City and other cities and provinces in 2020. (Photo: SGGP)

Enterprises feel concern about weak purchasing power

The purchasing power in the market has shown signs of improvement, but in general, it remains extremely weak. Especially in markets, purchasing power is significantly decreasing. The situation that small traders hand back their stalls or stop their business to avoid taxes and fees has commonly happened.
HCMC's 10-month exports reach US$36.7 billion

HCMC's 10-month exports reach US$36.7 billion

According to the Department of Industry and Trade of Ho Chi Minh City, in the first ten months of this year, the total export turnover of city-based enterprises through border gates across the country reached US$36.7 billion, up 5.5 percent compared to the same period last year.
Enterprises and manufacturers meet at the conference to connect supply and demand of goods between HCMC and provinces in 2019. (Photo: SGGP)

HCMC connects trade cooperation, increases advertisement of Vietnamese goods

According to the plan, a conference to summarize the ‘Trade Cooperation Program in the period from 2016 to 2020’ and the ‘Connection of the Supply and Demand of Goods between HCMC and Provinces in 2020’, organized by the Department of Industry and Trade of Ho Chi Minh City, will be held from September 24 to 27 at the Phu Tho Stadium in Ho Chi Minh City.
Workers at a Japanese firm in Vietnam (Photo: SGGP)

Economic reopening helps enterprises to recover

The Ho Chi Minh City Centre of International Integration Support (CIIS) on September 10 coordinated with the Vietnam International Arbitration Center to organize an online seminar on accompanying with enterprises to respond to risks of the Covid-19 crisis.
Many products of HCMC-based enterprises are supported to improve the quality to access export markets. (Photo: SGGP)

HCMC diversifies export markets for enterprises

The Department of Industry and Trade of Ho Chi Minh City on June 25 said that it will support city-based enterprises to diversify export markets to increase the export turnover.