Vietnamese enterprises must strive hard to tap Middle East market's potential

Vietnamese enterprises must strive hard to tap Middle East market's potential


Investment and trade cooperation between Vietnam and Middle Eastern countries have achieved many encouraging achievements. However, there is still a lot of work for Vietnamese enterprises to do to conquer this potential market besides capacity, prestige and understanding habits of consumers.
M&A: opportunity for Vietnamese enterprises to become stronger

M&A: opportunity for Vietnamese enterprises to become stronger

Despite being affected by the Covid-19 pandemic, over the past time, the picture of merger and acquisition (M&A) deals in Vietnam still has bright colors. M&A activities in Vietnam are forecasted to be vibrant again when the pandemic is gradually controlled.
Vietnamese enterprises to maintain pace of export in EU market

Vietnamese enterprises to maintain pace of export in EU market

The Ministry of Industry and Trade, on October 27, coordinated with the European Chamber of Commerce (EuroCham) to organize the Vietnam-EU Trade Forum in 2021 titled "EVFTA – Leverage for Trade and Investment Cooperation in the New Normal’. The meeting attracted more than 300 delegates from many provinces, cities, commercial counselors, domestic and European enterprises.
Enterprises flexibly maintain production to retain partners

Enterprises flexibly maintain production to retain partners

Eighteen percent of orders of European enterprises have moved out of Vietnam. Previously, many large FDI enterprises of Japan and South Korea had also informed Vietnamese enterprises producing supporting industrial products about moving some orders to neighboring countries. To avoid the risk of disruption in the domestic supply chain, Vietnamese enterprises have applied many solutions to maintain production.
Many export orders await Vietnamese enterprises

Many export orders await Vietnamese enterprises

According to the Trade Promotion Agency under the Ministry of Industry and Trade (MoIT), many orders from foreign enterprises have been sent to domestic exporters. However, the disruption of circulation, especially the circulation of goods at seaports, along with the reduction in production capacity of enterprises has caused many domestic enterprises to hesitate to receive orders.
Enterprises cease operations as they fail to meet Covid-19 safety protocols

Enterprises cease operations as they fail to meet Covid-19 safety protocols

By the afternoon of July 13, Ho Chi Minh City has 15 out of 16 export processing zones and industrial parks (EPZs-IZs) and the Saigon High-Tech Park (SHTP) hit by the Covid-19 pandemic. Many enterprises have had to suspend production activities, affecting the guarantee of delivery time, especially export orders.
US market attracts Vietnamese enterprises

US market attracts Vietnamese enterprises

In the first four months of this year, export turnover to the US market had continuously seen sharp increases, maintaining the growth of over 20 percent over the same period. This is not beyond the expectation of enterprises. Besides the advantages that Vietnamese enterprises have got in their hands, the commercial counselor of the Vietnam Trade Office in the US also warned that this market is containing many great risks.
Improving investment environment needs groundbreaking boosts

Improving investment environment needs groundbreaking boosts

Domestic enterprises face difficulties not only in investment and business activities but also in seeking investment capital. So, what are the chances for Vietnamese enterprises to evolve and rise to become the leaders, capable of ushering the supply chain of Vietnamese enterprises to spread farther?