Economy and commerce

Following a bumper season in 2017, import/exports continued to increase sharply in the first three months of 2018. Within one quarter, the import and export turnover exceeded $100 billion ($54.3 billion worth of exports and $53 billion imports).Keep reading ...

Vietnam has very good achievements in foreign direct investment attraction, however, it needs to change its strategy and orientation to focus on the necessary sectors to improve efficiency.Keep reading ...

Vietnam’s labour productivity is very low compared with growth need, thus raising productivity is the key to economic growth, experts said at a conference on April 13. Keep reading ...

China’s capital flow to Vietnam has grown slowly, but that is changing rapidly, analysts say.Keep reading ...

Renovating technology, reducing greenhouse gas emissions and developing a low-carbon economy are methods being used by coastal EZs in the new development period. The Vietnam Marine Strategy, released by the Party Central Committee in 2007, says that coastal EZs will make up 53-55 percent of the ...

A wider Sino-U.S. trade dispute would help export-reliant Vietnam compete against Chinese companies but put the country at risk of any global fallout, analysts say.Keep reading ...

Việt Nam posted year-on-year GDP growth of 7.38 per cent in the first quarter of 2018, the best first-quarter performance in the last ten years, backed by growth in manufacturing and agriculture.Keep reading ...

The Ministry of Justice must continue to review business conditions and eliminate overlapping and unnecessary regulations, said Minister and Chairman of the Office of the Government Mai Tien Dung during a meeting between the Government’s working group and the ministry on March 26.Keep reading ...

Việt Nam’s industry will contribute 40 per cent to the national GDP by 2030, according to a newly issued resolution. Under Resolution 23-NQ/TW to develop the national industry until 2030, with a vision up to 2045, issued recently by the Politburo, the processing and manufacturing industries ...

Vietnam aims to generate half of its economic output from the private sector within two years, its prime minister said, giving a clear indication of the communist-ruled country’s determination to make private enterprise the main engine of its economy.Keep reading ...