Economy and commerce
Assigned nearly VND 9,000 billion of medium-term investment plans for important railway and road projects
The Prime Minister has just signed Decision 135 / QD-TTg on the allocation of medium-term investment plans for the period 2016-2020 and 2019 central budget capital (Government bonds) for railway and road projects that are important and urgent. Keep reading ...
Foreign and private investors invest more than $ 11.5 billion in electricity
As of 2017, about 9.8 GW of foreign invested thermal power plants and 3.4 GW of small hydro and other renewable energy (wind, solar power) are privately owned. domestic investment, corresponding to about 8.5 billion dollars from international investment in thermal power and about 3 ...
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
Vietnam attracts US$8.3 billion FDI to industrial, economic zones
The total foreign direct investment (FDI) poured into Vietnam’s industrial parks and economic zones in 2018 reached more than US$8.3 billion, according to the Ministry of Planning and Investment. Of the figure, US$5.3 billion was invested in 560 new projects, while additional capital in nearly ...
Nhan Dan News Reporter
Attracting FDI: New regulations, new face
The strategy to attract FDI from now to 2030 with new points is attracting special attention of investors.Keep reading ...
The government improves institutions, people's incomes will increase
For the first time, a scientific study showed a close relationship between the provincial competitiveness index (PCI) and the income of workers in Vietnam.Continue reading ...
Government issues new resolution on improving national competitiveness
The Government on January 1 issued a resolution setting targets for improving the business environment and national competitiveness for 2019 through to 2021. The resolution, No 02/NQ-CP, replaced Resolution 19 which has been implemented for five years. The renumbering of the resolution demonstrated the Government’s priority ...
Southeast Asian IPO proceeds fall by a third in 2018 amid trade war
Proceeds from Southeast Asia’s initial public offerings plunged 34% on the year in 2018, the first decline in two years, as Sino-American trade tensions depressed investor sentiment. But even as Southeast Asian listings lost steam, the region’s fastest-growing economy of Vietnam increased its IPO market presence ...
CPTPP trade deal officially takes effect
The 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially came into force on December 30, creating a free trade area covering more than a tenth of the global economy.The CPTPP will cut tariffs on agricultural and industrial products, ease investment regulations and enhance protection ...
Vietnam’s exports more sophisticated: WB
Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank report.The report found that manufacturing exports now accounted for about 85 per cent of total exports, up from 65 per cent in ...