Transport infrastructure key to Mekong Delta’s economic growth

A vast major economic zone covering 40,400 sq.km., the Mekong Delta boasts abundant advantages in agricultural production and investment attraction across a variety of fields. However, for years, the slow development transport infrastructure has hindered the development of the region, becoming a bottleneck that prevent ...

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 ...

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 ...

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

Commission welcomes European Parliament's approval of EU-Vietnam trade and investment agreements

The European Commission welcomes today’s decision by the European Parliament to approve the EU-Vietnam trade and investment agreements. The EU-Vietnam trade agreement is now set to enter into force in 2020, upon conclusion of the ratification procedure by Vietnam.The trade agreement will eliminate virtually all ...

Investment in agricultural sector remains modest

The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives to get access to bank loans remains modest, experts said at a seminar ...

Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed to Unleash the Potential of Capital Markets

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP since 2016, and a trade balance surplus for the fourth year in a row. These results are remarkable in the ...

Việt Nam ranks second in fintech investment in Southeast Asia

Venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of the total fintech investment in Southeast Asia. In Việt Nam, the leading field attracting venture capital in fintech companies was payment. Fintech companies are targeting about 300 million adults in Southeast Asia who ...

Vietnam attracts over 29 billion USD in FDI in ten months

Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.Processing and manufacturing remained the most attractive sector to foreign investors during the ...

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