E-invoicing helps businesses save a significant chunk of expenses related to paper invoices, including printing, storing, and administrative procedure compliance cost.

The Japanese business community has high expectation that Vietnam would manufacture high-added value products.

Not only does the Vietnamese government provide supporting packages for the business community, it has also given priority to reforming administrative procedures for greater convenience for the public.

Only 2% of enterprises in Vietnam are immune from the pandemic.

The ASEAN business community could be a “safe haven” as some major multilateral institutions are under pressure to reform, said Prime Minister Nguyen Xuan Phuc.

An expansionary and flexible fiscal policy would help stimulate aggregate demand, create jobs and boost economic growth, stated Prime Minister Nguyen Xuan Phuc.

Priorities would be to avoid any disruption to the economy and a negative growth scenario as Vietnam’s major economic partners face severe impacts from the pandemic.

US-tech giant Google looks to build long-term cooperation with Vietnam.

In the final six months of the year, Hanoi would continue to boost administrative reforms in state budget collection and address concerns of the business community, said a Hanoi leader.