Economy and commerce

Annual report on FDI in Vietnam released for the first time

The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...

Mekong plan outlines path to security

The Mekong Delta is stagnating on the back of poor frameworks and infrastructural gaps – flaws that are hoped to be remedied with a new 2021-2030 masterplan, driving regional socioeconomic growth.As the region has been focusing on ensuring food security for the whole country, the ...

Việt Nam must scale-up budget for climate change adaptation

Việt Nam increased its public expenditure for climate change in 2016-2020, however, more investment is needed to address climate risks and to mobilise more support from international and private sources, according to experts at a workshop held on Friday (11/3) to launch a report on ...

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 ...

Renovation and overtaking

Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of the world’s 20 leading international trade powerhouses.Renovation and overtaking are an inevitable part of competition and development. Almost 100 million Vietnamese ...

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

RCEP gives extra leverage to post-pandemic economic recovery

The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.The deal was signed between 10 members of the bloc and five partners ...

Guide on digital transformation for businesses to be published

More than 40 ministries, branches and localities have developed digital transformation projects. However, in the business sector, especially among small and medium enterprises (SMEs) and manufacturing enterprises, this process is not happening as strongly as expected.This is the motivation for the Việt Nam Software and ...

Việt Nam aims to shift to circular economy: minister

Việt Nam is working to shift from a linear economy to a circular economy based on the three pillars of designing and prolonging material lifespan, reducing waste and emissions, and restoring the ecological system, Minister of Natural Resources and Environment Trần Hồng Hà has said.The MoNRE is ...

Vietnam inks world’s largest trade pact RCEP

The Regional Comprehensive Economic Partnership (RCEP) was signed Sunday by leaders of 15 Asia Pacific countries that make up 29 percent of global GDP. The pact was signed online by leaders of 10 ASEAN member states as well as Australia, China, Japan, New Zealand and ...

Phuong Anh, Hong Chau

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