Topic: obstacle

Northern Bac Giang province will focus on removing obstacles and improving the operational efficiency of local State-owned enterprises (SOEs) until the end of the year. In the first eight months, the province had 991 newly-established enterprises, up 14.3 per cent year-on-year, with registered capital of VND22.998 trillion ($970.46 million), up 30.4 per cent.

The potential for trade between Vietnam and India is significant and may reach $15 billion this year. One bottleneck, however, is in transport, especially the absence of direct sea routes connecting the two countries. The newly-opened shipping line connecting central Vietnam with India and Bangladesh, operated by the Vietnam Maritime Corporation (VIMC), will resolve this problem.