Economy and commerce
Investment
Public investment to offer backbone for infrastructure
With the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond.Hanoi is among many other localities showing strong determination in ...
New North-South Expressway price tag 'doesn't look good': lawmakers
Lawmakers expressed concerns about the very high price tag for 12 new sections of the North-South Expressway, saying the government needs to provide more specific figures.The government’s proposal to build another 729 kilometers of the North South Expressway at VND200 billion ($8.69 million) per kilometer ...
Hoang Thuy, Viet Tuan
Commission welcomes European Parliament's approval of EU-Vietnam trade and investment agreements
The European Commission welcomes today’s decision by the European Parliament to approve the EU-Vietnam trade and investment agreements. The EU-Vietnam trade agreement is now set to enter into force in 2020, upon conclusion of the ratification procedure by Vietnam.The trade agreement will eliminate virtually all ...
Investment in agricultural sector remains modest
The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives to get access to bank loans remains modest, experts said at a seminar ...
Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed to Unleash the Potential of Capital Markets
Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP since 2016, and a trade balance surplus for the fourth year in a row. These results are remarkable in the ...
Việt Nam ranks second in fintech investment in Southeast Asia
Venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of the total fintech investment in Southeast Asia. In Việt Nam, the leading field attracting venture capital in fintech companies was payment. Fintech companies are targeting about 300 million adults in Southeast Asia who ...
Vietnam attracts over 29 billion USD in FDI in ten months
Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.Processing and manufacturing remained the most attractive sector to foreign investors during the ...
Transport ministry cancelled international bidding for North-South Expressway, seeks bids from domestic investors
The transport ministry announced on Monday they would cancel open international bidding for eight projects of the North-South expressway, in favour of homegrown investors.The decision was made on the consensus reached after consulting relevant agencies, transport ministry said in an announcement sent to the media, adding ...
National conference on sustainable development held
The National Conference on Sustainable Development 2019 took place in Hanoi on September 12 under theme “For a Decade of More Sustainable Development”, gathering leaders of the Government, ministries, sectors, localities, associations, and businesses.Within the conference, participants discussed topics related to the development of circular ...
E-logistics sorting out supply
Leading logistics providers are looking to technological investment and e-logistics as Vietnam’s limits in infrastructure and connectivity continue. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), infrastructure investment demand in Vietnam in the 2016-2020 period has been projected at ...
