During the centrally-planned economy, goods were scarce, and distribution relied on coupons. However, as Vietnam began to open its economy, modern retail models started to emerge, mostly initiated by private businesses in the southern region. Introducing modern retail to the state-owned sector marked a significant shift in the thinking of trade industry leaders.
Up to 85% of enterprises in the processing-manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, while only 15% predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).
Some 45.6 percent of processing-manufacturing enterprises expect a better business outlook in the fourth quarter of this year, according to a recent survey by the General Statistics Office (GSO).
Nearly half, or 49.1 percent of firms in a recent survey of the General Statistics Office (GSO) on business trend of firms operating in processing and manufacturing, expect business situation to improve in the third quarter of 2020.
Many enterprises in the manufacturing and processing industry are optimistic about the outlook for the second quarter of 2020, according to a survey conducted by the General Statistics Office (GSO).
Voters in the northern port city of Hai Phong expressed their concern about problems facing the national economy, particularly the negative impacts by the world economy, during their meeting with Prime Minister Nguyen Xuan Phuc and the delegation of National Assembly deputies of Hai Phong on May 10.
Hanoi’s export revenue in January reached 1.18 billion USD, up 1.3 percent over the previous month and 7.3 percent year on year, reported Bao Dau tu (Investment Review).
Poorly implemented economic reforms have left Vietnam with a distorted market still struggling to overcome the shadow of inefficient State-owned enterprises, an economist said on January 18.
