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

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