Vietnam gov’t waives taxes to boost economic recovery
More efforts are being made to speed up the economic recovery process while many countries are struggling with the Covid-19 pandemic.
More efforts are being made to speed up the economic recovery process while many countries are struggling with the Covid-19 pandemic.
The road to recovery post-Covid-19 is full of risks for Asia’s banks. They need to innovate and expand their services to help rebuild the small businesses that provide a lifeline to Asia’s poor.
A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.
The program, scheduled to take place at the Government Guest House in Hanoi, is part of the city's efforts to boost domestic consumption and exports.
With the growing impacts of the Covid-19 pandemic, local businesses rely on supportive measures from the local authority to cope with hardship.
Such comparison suggests that the development of the banking sector may have been too rapid compared to the size of the economy.
The number of small enterprises upgrading to mid-sized and from mid-sized to large ones is very low, while the capital accumulation process among private companies has not been up to standard.
The supply chains estimated at US$58 billion could be great potential for growth of Vietnam if being fully tapped. So the key issue would be whether Vietnamese SMEs could grasp this opportunity, said an expert.