Tag: improvement

A number of EU logistics providers are now operating in Vietnam, such as DHL Group, Kuehne + Nagel, and DB Schenker from Germany and Maersk from Denmark. This brings many opportunities for cooperation and development to Vietnamese logistics enterprises, but also creates a competitive challenge, meaning domestic businesses need to improve their capacity.

A loophole left by Resolution No. 42 that will expire on August 15, 2022, will prolong the bad debt settlement process, affect the restructuring of the credit institution network, and discourage investors from participating in handling bad debts and mobilizing capital at home and abroad. Many National Assembly deputies have therefore agreed with a government proposal on extending the Resolution, but said it is necessary to complete the legal framework and develop a debt trading market.