Economy and commerce

According to the SGGP Newspaper, in the first nine months of the year, the public disbursement rate reached 47.29 percent of the plan, lower than the same period in 2023 which achieved 51.38 percent. Currently, 31 ministries, central agencies, and 23 localities have failed to ...

Green export is an irreversible trend and businesses are forced to grasp this trend to maintain growth rate and market share to participate in the “game” globally.Nguyen Cam Trang, Deputy Director of the Import-Export Department of the Ministry of Industry and Trade (MoIT), said that ...

The Vietnamese government is considering reviving Build-Transfer (BT) projects as a means to attract investment and stimulate economic development.A draft law to amend and supplement four key pieces of legislation – the Planning Law, Investment Law, Law on Investment under the Public-Private Partnership (PPP) model, ...

Vietnam has emerged as one of the top ten global exporters of agricultural and food products. However, despite growing demand, businesses are struggling to meet orders due to limitations in deep processing technology and infrastructure.According to the latest data from the Ministry of Agriculture and ...

Green growth and sustainable development is now an inevitable trend and a goal that all countries are striving for, including Vietnam, as it faces environmental problems heavily impacted by climate change.There remain many barriers to green credit supply. Among them, there is still a lack ...

Practicing responsible business in accordance with Environmental, Social, and Governance (ESG) criteria is considered a key that contributes to realising Vietnam’s commitment to bring net emissions to zero by 2050.On the journey towards green growth, ESG criteria are the standard for measuring and evaluating an ...

The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit. They have issued a decision (Decision No 1663/QD-NHNN) aimed at making it easier to access green capital for green projects and the SBV requires all ...

Favourable fundamentals have positioned Vietnam as a prime FDI destination, outperforming ASEAN peers.Competitive costs and a favourable investment climate play a key role in drawing foreign firms, especially manufacturers, to set up factories in, and export goods from, Vietnam, according to HSBC’s report “Vietnam at ...

Vietnam has had milestones in climate transition journey in the past two years, from the country’s Net Zero commitment made at COP26 to its National Climate Change Strategy, of which collaboration and energy transition remain as the focus of this journey, Mr. Tim Evans, CEO of ...

As Vietnam enters its 37th year of attracting foreign direct investment (FDI), the country is on the cusp of a significant new phase.From a regulatory agency’s perspective, Director of the MPI’s Foreign Investment Agency Do Nhat Hoang noted a burgeoning new wave of investment into ...