Building a brand takes a big effort by enterprises, and enterprises need to invest to enhance product quality, said Nguyen Thi Anh Hong, Deputy Chairwoman of the Vietnam Tea Association at a seminar.
Workers harvest tea leaves at Tam Chau Tea Farm in Lam Dong Province. Vietnamese firms are urged to build and manage brands for their products as the country will face fierce competitiveness from foreign products. (Source: thanhnien.com.vn)
Hanoi (VNA)✤ - Building a brand takes a big effort by enterprises, and enterprises need to invest to enhance product quality, said Nguyen Thi Anh Hong, Deputy Chairwoman of the Vietnam Tea Association at a seminar.
The Vietnam Chamber of Commerce and Industry (VCCI) cooperated with the wildlife trade monitoring network (TRAFFIC), Vietnamese VP Bank and the British Council to hold the seminar titled "Innovative management and building enterprise image" in Hanoi on November 20.
The seminar aimed at enhancing innovative businesses, accessing modern and sustainable management models.
The seminar also discussed building enterprise images through carrying out social responsibility, as well as increasing interaction and cooperation among the business community for the common benefit.
Branding is an important factor that helps firms maintain, expand and develop domestic and international markets, and increase trade.
Therefore, experts urged Vietnamese firms to build and manage brands for their products as the country will face fierce competitiveness from foreign products in the context of further international economic integration.
Nguyen Thi Thu Hang, VCCI General Secretary, said Vietnamese firms are lacking of knowledge of brand building and resources to build a brand.
Building brands requires efforts not only of resources but also a management system of enterprises, Hang added.
She also advised firms need to protect and continue innovation after building their brands to create sustainable brands.
The seminar attracted about 200 delegates from enterprises, start-up funds and associations to respond to the Global Entrepreneurship Week from November 16-22 with over 160 countries participating.-VNA
Vietnamese consumers are the most socially conscious in Southeast Asia, according to the 2015 Nielsen Global Corporate Sustainability Report released last week.
Vietnam needs to draw up a strategy to develop a national brand name for food as it is among commodities with great potential and increasing added value.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Workers harvest tea leaves at Tam Chau Tea Farm in Lam Dong Province. Vietnamese firms are urged to build and manage brands for their products as the country will face fierce competitiveness from foreign products. (Source: thanhnien.com.vn)
