Economy and commerce
FDI generates limited technology improvement in Vietnam
“Foreign direct investment (FDI) contributes over 20% of Vietnam’s gross domestic product growth, 50% of industrial output, and 70% of total exports, and creates 12 million-13 million direct and indirect jobs.” []However, Dr. Le Quang Thuan pointed out that FDI firms are mostly offering BPO orders ...
VNA Reporter
Productivity key to escaping mid-income trap
Việt Nam has to focus on increasing labour productivity and overall productivity growth to avoid the risk of being stuck in the middle income trap, experts said at the Vietnam Development Forum (VDF) 2017 yesterday.Keep reading ...
VNS Reporter
Vietnam's FDI attraction in 2017 biggest in 10 years
Vietnam is poised to attract foreign direct investment (FDI) of 35 billion U.S. dollars in 2017, the biggest amount over the past 10 years, according to the country’s Foreign Investment Agency on Wednesday.Keep reading ...
Yurou
51% of Vietnamese adults have credit registry coverage
Only 51 per cent of Vietnamese adults have credit registry coverage, much lower than the approximate 100 per cent in developed countries.Keep reading ...
VNS Reporter
ASEAN free trade to put pressure on Vietnam
According to the ASEAN Trade in Goods Agreement (ATIGA), Vietnam will have to cut 669 tariff lines to zero percent in January 2018.Keep reading ...
VOV Reporter
NA to hear explanation of huge ODA loans
The Ministry of Planning and Investment has been assigned to give the National Assembly (NA) an explanation of official development assistance (ODA) loans of VND600 trillion, VnEconomy quoted a Ministry of Finance official as saying.Keep reading ...
Saigon Times Reporter
Thousand billions in lost tax from foreign enterprises
Vietnam has lost thousands of billions of dong in taxes as foreign enterprises, especially large-scale ones, refuse to pay based on the Double Taxation Avoidance Agreement.Keep reading ...
Huu Tuan
Infrastructure speed bump slows Vietnam
Country is growing fast on nearly all economic fronts, but overcrowded roads, ports and airports threaten to throttle the expansionKeep reading ...
PETER JANSSEN
Vietnam to develop private sector into economy's important impetus: PM
Vietnamese Prime Minister Nguyen Xuan Phuc said here on Wednesday that Vietnam will continue strongly developing the private sector into an important impetus of the economy.Keep reading ...
Jiaxin
Vietnam Bets Future of its Economy on Business Community
The business community will define the future of the Vietnamese economy in the coming decades and will be an important driving force to achieve the country”s prosperity, Prime Minister Nguyen Xuan Phuc said today.Keep reading ...
Prensa Latina Reporter