Economy and commerce

Economic policy and administration

VN sees over $24 billion trade deficit from APEC economies

Total import-export turnover between Viet Nam and APEC member economies reached US$265.3 billion in the first 10 months of this year, a year-on-year increase of 17.4 per cent. Exports reached $120.48 billion and imports reached $144.83 billion, up 23.9 per cent and 22 per cent, respectively, ...

VietnamNet Reporter

Vietnam’s corruption-prone public sector to receive 7 pct pay rise next year

Vietnamese lawmakers have approved a 7 percent pay rise for workers in the public sector, an area critics say is prone to corruption due to low official salaries. The basic wage in the sector will be raised to VND1.39 million ($61.20) a month from July ...

Anh Minh

Vietnam Is The Biggest Winner On Donald Trump's Tour of Asia

U.S. President Donald Trump has met leaders in Asia’s most powerful countries, plus a whole lot more, since starting a marathon trip November 3 to the region of 4.5 billion people. He met Chinese President Xi Jinping and they treated each other like old friends ...

Ralph Jennings

EU investors interested in Vietnam's clean energy sector

Eurocham has several members that offer services and products to improve the quality of the environment and of living, while being committed to conducting their business in a socially and environmentally responsible way. When there is a need, Eurocham branches out to companies in Europe in ...

My Phuong

Special economic zones need tens of billions of U.S. dollars to develop infrastructure

It requires tens of billion of U.S. dollars for the development of infrastructure in special economic zones of Van Don, North Van Phong and Phu Quoc in the coming years. Reports show that Phu Quoc special economic zone will need $40 billion by 2030 while ...

Tu Hoang

Where Is Vietnam’s Economy Headed as It Hosts APEC?

Outlook appears generally positive as Hanoi gears up for the meeting, but uncertainties still remain. Later this week, Vietnam will host regional leaders at the Asia-Pacific Economic Cooperation meeting (APEC) in Danang. Keep reading   ...

Luke Hunt

Vietnam’s Business Owners Are Loving Facebook

Vietnam has a complicated relationship with the social network. Once blocked, and still scrutinized, it has attracted the ire of authorities keen to preserve communist rule while becoming an avenue for budding entrepreneurs since access was restored. The majority of the country’s 95 million use ...

Luu Van Dat

Vietnam govt sets three major orientations: PM

“In the coming time, Vietnam will continue to promote international integration, improve business investment environment, create maximum favorable conditions for domestic and foreign investors, in line with the government’s goal of creation, integrity, and action,” Prime Minister Nguyen Xuan Phuc said at the Vietnam Business ...

Bao Quyen

APEC in Vietnam to promote innovation and inclusiveness

The Asia-Pacific Economic Cooperation (Apec) event to be held in Vietnam in November, will put the emphasis on Hanoi’s fast-tracking of innovation and inclusiveness, while the country will also bank on efforts to deepen regional cooperation.Keep reading  ...

Amir

Accurate valuations are key to luring FDI

Foreign investment in Vietnam is still on the rise, with the latest number showing that more than $28.2 billion were registered to invest in the country in the first 10 months of this year, up 37.4 per cent on-year. Accurate valuations are the first step. Keep reading ...

Johnathan Ooi

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