- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
According to the Ministry of Industry and Trade, as many as 16 fuel companies have requested to return their distribution licenses since the beginning of the year.
Vietnamese companies have gradually realized their commitments in trade agreements, especially new-generation Free Trade Agreements (FTAs). However, challenges remain in the effective use of these trades.
As climate change becomes increasingly severe, reducing carbon emissions is an urgent task for both governments and businesses. Encouraging businesses to engage in green activities and reduce their carbon emissions is beneficial.
In the first eight months of the year, the number of businesses entering the market increased by 8.8%, but the number of businesses withdrawing also rose by 7.4%.
Our businesses have affirmed creativity and flexibility through applying innovative strategies, enhancing competitiveness. Therefore, the business community is well aware of the importance of innovation to adapt and seize opportunities.
In a recent draft, the Ministry of Industry and Trade maintains the viewpoint that enterprises should calculate petroleum prices based on state-published factors.
The global automotive industry is transitioning from internal combustion engines to electric vehicles, aiming to reduce pollution and protect the environment. In Vietnam, the electric vehicle is growing rapidly, but it also faces many challenges.