Economy and commerce

Transport ministry cancelled international bidding for North-South Expressway, seeks bids from domestic investors

The transport ministry announced on Monday they would cancel open international bidding for eight projects of the North-South expressway, in favour of homegrown investors.The decision was made on the consensus reached after consulting relevant agencies, transport ministry said in an announcement sent to the media, adding ...

Social policy credit proves useful for poverty reduction: meeting

Social policy credit has reached all the communal-level localities nationwide, greatly helping with efforts towards sustainable poverty reduction, heard a teleconference in Hanoi on September 23.According to General Director of the Vietnam Bank for Social Policies (VBSP) Duong Quyet Thang, social policy credit, part of ...

Promoting Vietnamese-European knowledge and technology transfer

A seminar on Vietnamese-European knowledge and technology transfer took place at the Hanoi University of Science and Technology, in Hanoi, on September 11. The event is a part of the Vietnamese – European Knowledge and Technology Transfer Consortium (VETEC) project network development chain – under the ...

National conference on sustainable development held

The National Conference on Sustainable Development 2019 took place in Hanoi on September 12 under theme “For a Decade of More Sustainable Development”, gathering leaders of the Government, ministries, sectors, localities, associations, and businesses.Within the conference, participants discussed topics related to the development of circular ...

Mobile banking project launched for low income people, women

The Vietnam Bank for Social Policies (VBSP) on September 6 officially launched the project “Mobile Banking – Financial Inclusion and Economic Empowerment for Low-Income People and Women in Vietnam” – Phase 2 (Mobile Banking 2).The project is funded by the Australian Foreign Affairs and Trade ...

E-logistics sorting out supply

Leading logistics providers are looking to technological investment and e-logistics as Vietnam’s limits in infrastructure and connectivity continue.  According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), infrastructure investment demand in Vietnam in the 2016-2020 period has been projected at ...

Vietnam ranked third most active startup ecosystem in ASEAN

Việt Nam jumped from fifth to third in the list of most active start-up ecosystems in the six largest ASEAN economies in only two years. The change was from the first half of 2017 to the corresponding period of 2019, with the country trailing only Indonesia ...

New resolution hoped to facilitate foreign investment attraction

General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong has signed a resolution on orientations to perfect institutions and policies to enhance the quality and efficiency of foreign investment cooperation through 2030.The objectives of the Resolution No. 50-NQ/TW include making mechanisms ...

New chapter for the development of Vietnam’s pharmaceutical market

Permitting foreign-invested enterprises to conduct direct imports, Vietnam’s pharmaceutical policies are now more in alignment with international treaties.The change of governmental policy in the pharmaceutical field will affect significantly the local market, from both sides. As a positive, the grant for foreign-invested enterprises (FIEs) will ...

Gov’t speeds up public investment disbursement

PM Nguyen Xuan Phuc has recently signed Public telegraph 1042/CP-TTg which directs ministries, agencies, and localities to speed up disbursement rate of public investment capital in 2019. The document attributed shortcomings and weaknesses in management, regulation, and implementation including slow progress of capital allocation, bidder selection, ...

Kim Anh

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