Economy and commerce

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 ...

Online intellectual property infringements related to industrial design are worrying investors, including those from the US, forcing state agencies to set forth an adequate legal mechanism to handle the situation.Keep reading ...

The Ministry of Agriculture and Rural Development (MARD) asked provinces and cities on Thursday to dissolve ineffective agricultural cooperatives by the end of 2018. The ministry’s data shows that in 2017, Việt Nam had nearly 11,700 agricultural cooperatives and 30 cooperative coalitions. Some 3,900 agricultural ...

Vietnamese Prime Minister Nguyen Xuan Phuc has requested that efforts be made to streamline the country’s administrative procedures in construction-related fields. The aim, he stressed, is to reach the average time it takes for such procedures to be done in ASEAN-4, which indicates the four ...

Vietnam’s government has been praised for its economic and administrative development by the European Chamber of Commerce in Vietnam (EuroCham), an organization representing over 1,000 European businesses.Keep reading ...

Vietnam’s stock market rose by 0.92 percent on Thursday to close at more than 1,180 points, surpassing the record of 1.179 points set in 2007. An 11-year record has been broken thanks to blue chip stocks, and is forecast to climb even higher this year.Keep reading ...

Investment into Vietnam, led by Japan, South Korea, Singapore and China, is on the up, though the US withdrawal from the Trans Pacific Partnership is a worry.Keep reading   ...

After the big Hoa Phat – Dung Quat Steel project, Quang Ngai is urgently implementing a plan to welcome the “super” project of resort, tourism real estate and hi-tech agriculture.Keep reading ...

Vietnam’s transport ministry has long been determined to subject ride-hailing apps to the same regulations as traditional taxicabs, but has been struggling to put forward feasible solutions to do so.Keep reading ...