Economy and commerce

Strategy sought for private sector development

Vietnam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest.Keep reading ...

VNA Reporter

Vietnam faces threat of trade deficit in 2019

Việt Nam faces a possible return to a trade deficit this year after three years of enjoying surpluses, experts said pointing to the sharp rise in imports and increasing difficulties facing exports.Keep reading ...

VNS Reporter

Better links with FDI firms can aid local businesses

Over the past 20 years Việt Nam has embraced trade and successfully integrated into key global value chains. Việt Nam’s gross exports have expanded at an average rate of 18 per cent over the past decade, when overall global trade expanded at just 3.5 per ...

VNS Reporter

Vietnam to create favourable conditions for private firms

Việt Nam will continue to hasten efforts to improve the business climate in terms of quality to create favourable conditions for the private sector to play its role as a driver in promoting rapid and sustainable economic growth.Keep reading ...

VNS Reporter

Foreign firms in Vietnam face skilled workforce shortage amid FDI wave

Vietnam’s demand for highly-skilled workers will continue growing steadily in the wake of increasing foreign investment inflow, causing a severe shortage of highly-qualified human resources in the time to come, expert have warned.Keep reading ...

Minh Tam

Vietnam opens up pharma import market for foreign businesses

It is now easier for foreign companies to join the Vietnamese pharmaceutical market, buoyed by recently-loosened business conditions regarding drug registration and imports.Keep reading ...

Minh Tam

Assigned nearly VND 9,000 billion of medium-term investment plans for important railway and road projects

The Prime Minister has just signed Decision 135 / QD-TTg on the allocation of medium-term investment plans for the period 2016-2020 and 2019 central budget capital (Government bonds) for railway and road projects that are important and urgent. Keep reading   ...

Foreign and private investors invest more than $ 11.5 billion in electricity

As of 2017, about 9.8 GW of foreign invested thermal power plants and 3.4 GW of small hydro and other renewable energy (wind, solar power) are privately owned. domestic investment, corresponding to about 8.5 billion dollars from international investment in thermal power and about 3 ...

VN named in top 60 innovative economies

Việt Nam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.Keep reading ...

VNS Reporter

Vietnam attracts US$8.3 billion FDI to industrial, economic zones

The total foreign direct investment (FDI) poured into Vietnam’s industrial parks and economic zones in 2018 reached more than US$8.3 billion, according to the Ministry of Planning and Investment. Of the figure, US$5.3 billion was invested in 560 new projects, while additional capital in nearly ...

Nhan Dan News Reporter

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