While the number of new enterprises remained relatively stable in the first ten months of the year, combined new and additional capital almost doubled.
Growth in the Index of Industrial Production in the first ten month was sufficient to encourage companies to hire additional staff and bolster their raw material inventories.
A strategic transformation is needed for Vietnam electronics exports to curb the reliance on foreign players and address the high volume of imported components.
As Vietnam looks to ensure its credit growth target is met this year, following a strong first-half result, there is concern surrounding money velocity and discussions on removing credit growth limits.
Mr. Nguyen Quan, former Minister of Science and Technology and Chairman of the Vietnam Automation Association, tells Vietnam Economic Times / VnEconomy’s Minh Nguyet how transforming Vietnam’s production model towards smart and sustainable practices is crucial.
AI startups in Vietnam need to develop a well-structured and strategic approach to catch the eye of investors and bolster their chance of securing funding.