Economy and commerce

Deputy Prime Minister Vương Đình Huệ asked all ministries and agencies to pay more attention to the importance of statistics, as incorrect data could ruin Government policies. He made the request yesterday at a conference held by the General Statistics Office (GSO) of Việt Nam, ...

Việt Nam is among the few ASEAN member countries to consistently improve its attractiveness to foreign investors due to its growing economy and improving business climate, according to experts.Keep reading ...

Vietnam has set a target to gain per capita income of around USD10,000 by 2035, according to Minister of Planning and Investment Nguyen Chi Dung.[]By late 2017, Vietnam’s GDP was estimated at USD220 billion and the country’s per capita income was at roughly USD2,300.Keep reading ...

Prime Minister Nguyen Xuan Phuc requested ministries and government agencies to remove and simplify at least 50% business and investment conditions in 2019.  []The success of the business community would bring prosperity for Vietnam in the next decades. Keep reading ...

Việt Nam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week, up up two points in comparison with 2016’s result. The report was developed by the non-profit foundation Hinrich Foundation and British research and analysis firm The Economist ...

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to create 17,000 to 20,000 jobs each year for Vietnamese workers, said Dao Quang Vinh, director of the Institute of Labor Science and Social Affairs, under the Ministry of Labor, Invalids and Social Affairs.Keep ...

Vietnam’s National Assembly has ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership which will take effect at the year’s end after Australia became the sixth nation to ratify it last month. Keep reading  ...

The Ministry of Public Security has publicized a long-waited draft decree providing guidelines to implement a cybersecurity law. The draft required firms providing a range of services, including email or social media, to set up offices in Vietnam.Keep reading   ...

Lack of attention to registering brand names and geographical indications is causing difficulties to Vietnamese agricultural products, which are sometimes shut out of other markets after their names are usurped by others.Keep reading ...

Cheating and overexploitation of workers are among the myriad of negative impacts FDI has had on Vietnam. Keep reading ...