Viet Nam business news – November 23

The chairman of the Vietnam Garment and Textile Association, Vu Duc Giang, has said that Vietnam’s apparel exports are expected to bring in US$42 billion by the end of 2022, below the year’s target of US$43-44 billion. In October, apparel exports generated US$3.18 billion, down 3.3% year-on-year and 1% from 2019. Among exports, yarn exports […]

How customer experience strategies help scale revenue?

We surveyed 1,920 business professionals and asked them what the top business priority is for the next 5 years – and once again, the same answer came out on top. Can you guess what the top priority for a business is? If you guessed ‘customer experience’ (or CX), you guessed right. It’s no surprise that customer experience […]

Why Planning Your Corporate Budget is Strategic to Your Business Goals


Corporate budgets are designed to help a business achieve its strategic goals in a measurable way. Vietnam Briefing highlights the methods and tips for corporate budgeting in the context of the Vietnamese market. Corporate budgets are an important tool that help an enterprise transform their strategy into action. It is also estimated that up to […]

Vietnam digital economy growth expected to be highest in Southeast Asia


Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast. It will grow at 31% followed by the Philippines with 20% and Indonesia with 19%, according to e-Conomy SEA 2022. Vietnam’s digital gross merchandise volume is likely […]

Vietnam’s 100 best places to work ranking released


Abbott Laboratories is the best place to work this year, climbing up from fourth in 2021, followed by Nestle Vietnam, Vietcombank and Viettel, a survey has found. Suntory PepsiCo Vietnam was sixth, followed by Coca-Cola, Samsung Vina Electronics, FPT, Techcombank, and Vingroup, according to the 2022 Vietnam 100 Best Places to Work ranking by Anphabe […]

Vietnam logistics speeds up post-pandemic


Logistics companies are posting surging profits as transportation demand booms post-pandemic, but industry insiders expect further use of automation to reduce costs. PetroVietnam Transportation posted a post-tax profit surge of 72% year-on-year to VND1.04 trillion ($41.89 million) in the first nine months. Hai An Transport & Stevedoring recorded a profit jump of 1.5 times in […]

Vietnam Digital Finance Conference & Expo 2022 held


The Vietnam Digital Finance Conference and Expo 2022 took place in Hanoi on November 17, under the theme of “Embracing IT modernisation to accelerate digital transformation in the financial sector”. Hanoi (VNA) – The Vietnam Digital Finance Conference and Expo 2022 took place in Hanoi on November 17, under the theme of “Embracing IT modernisation to […]

Vietnamese SMEs, consumers most optimistic about e-commerce


Vietnam is one of the top markets in the Asia Pacific, Middle East and Africa (AMEA) region when it comes to e-commerce positivity. Hanoi (VNA) – “What’s Next in E-Commerce”, the latest e-commerce trend report commissioned by FedEx Express, showed that small and medium-sized enterprises (SMEs) and consumers alike forecast significant growth in e-commerce. The study, conducted in July, surveyed […]

More SMEs participating in digital transformation after pandemic


The Small and Medium Enterprises Support Programme for Digital Transformation (SMEdx) of the Ministry of Information and Communications has reached about 490,000 SMEs by the end of last month, accounting for 61% of the total number of enterprises nationwide, achieving an average growth rate of 20% per month. Hanoi (VNS/VNA) – The Small and Medium Enterprises […]

Mekong Delta’s economic scale to expand 2-2.5 times by 2030

The Mekong Delta’s economic scale is expected to expand 2-2.5 times by 2030, according to a government resolution dated June 18, 2022 on an action plan on the implementation of Resolution No. 13-NQ/TW dated April 2, 2022 by the Politburo on socio-economic development orientations and measures to ensure national defence and security in the Mekong […]