Economy and commerce

Economic policy and administration

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 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

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

Incorrect statistics could ruin Government policies: Deputy PM

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, ...

VNS Reporter

Vietnam targets US$10,000 per capita income by 2035

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 ...

VietnamNet Reporter

Vietnam to continue removing 50% business conditions in 2019

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 ...

Nguyen Tung

Vietnam GDP per capita rises

Vietnam has seen a considerable increase in GDP per capita, but more efforts were needed to achieve the goal of USD3,200 by 2020.[]The country’s GDP per capita in 2018 would reach USD2,540; up USD155 compared to the figure of 2017 and USD325 against 2016. It ...

Dan Tri

10 years on, Việt Nam’s vision of strong sea-based economy faces rows of roadblocks

Việt Nam is reaping the benefits of a national strategy laid out 10 years ago to garner riches from the country’s long coastline, over 3,000 islands and abundant water areas three times the size of its land mass.Keep reading   ...

VNS Reporter

Fed’s interest rate hike could affect Vietnam’s budget balance

The likely move by the United States Federal Reserve System on further hiking the interest rate and the ongoing trade war between the United States and China could have an adverse impact on Vietnam’s State budget balance and public and national debts in the coming ...

SGT Reporter

Vietnam in search of new growth drivers

Vietnam is halfway through its economic restructuring plan for the 2016-2020 period, with such bright spots as macroeconomic stability, a recovery to high growth and improved growth quality.Keep reading ...

NDO Reporter

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