Vietnamese firms should attach more importance to registering for intellectual property protection in foreign markets if they wish to develop brands abroad, according to the National Office of Intellectual Property (NOIP).
Vietnam is emerging as a promising trade and investment destination for the business community in Italy’s Sicily region, as heard at a forum aimed at connecting Vietnam and Sicily held on July 14-16.
Việt Nam was named among the world’s top 20 host economies for foreign direct investment (FDI) for the first time in 2020 with an inflow of US$16 billion.
The Vietnamese wood manufacturing and processing industry needs to be more cautious to show other countries that Vietnam is moving towards transparent trade and is a reliable partner.
The Government should have more long-term policies and packages nbsp;supporting and aiding businesses to recover from the impacts of COVID-19 Việt Nam Chamber of Commerce and Industry (VCCI) has said.
Businesses have expressed their hope that customs agencies and relevant ministries and sectors will further simplify administrative procedures, which, they suggested, should be completely handled online, according to a survey.
The Central Institute for Economic Management (CIEM) and the Australia Supports Economic Reform in Vietnam (Aus4Reform) on July 15 announced two economic growth scenarios for Vietnam this year.
Việt Nam and Australia are encouraged to soon finalise and sign their Enhanced Economic Engagement Strategy this year, towards sustainable recovery post pandemic.
In the context of the complicated development of the COVID-19 pandemic, the wood industry still achieved an impressive growth rate in the first six months of the year with an export value reaching 61% of total turnover in the whole of 2020.
Despite short-term challenges, European business leaders remain confident in Việt Nam’s long-term prospects.
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