Weathering the economic crisis and challenges facing the fertiliser sector in 2023, PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC) is one of the few enterprises posting positive business results.
By selecting the direction of green and clean growth, the national brand will become more valuable as Vietnam’s soft power and voice on the international stage grows stronger and more persuasive, especially in a world that is deeply decisive and polarised due to intense geo-political and geo-economic rivalry.
In recent years, Vietnam’s national brand value and ranking on the international stage have continually increased and been recognised by many prestigious international organisations. In addition to macroeconomic, political, cultural and social factors, such success also features the contributions of the business community. The brands that are widely known domestically and externally are an addition to the national brand value.
Since Vietnamese enterprises were approved to make outward foreign direct investment (OFDI) 24 years ago, there have been a number of enterprises being able to establish and affirm the Vietnamese brand on the international stage. But to have more Vietnamese brands with a global reach, it is necessary to reform the mechanisms and policies on OFDI.
In recent years, Vietnam has been continuously named as a bright spot in the global picture of national brand building and development, and as the national brand with the fastest-growing value, up 74% during the 2019-2022 period.
The Vietnamese Government has been closely following the reality and consulting the experiences from other countries on the implementation of the global minimum tax to soon make appropriate policies, towards creating opportunities for foreign enterprises to operate smoothly and make greater contributions to Vietnam without affecting the interests of investors.
To create new impulses for Vietnam's tourism industry, it is extremely important to mobilise the participation of the community and businesses in tourism activities. The problem is in how to attract and create connections and effective sharing among stakeholders to promote the sustainable development of the tourism sector.
Today (November 5), public attention will focus on the United States, where a dramatic presidential election is taking place, with results that will not only affect the future of the US but also impact the rest of the world to varying degrees.
