Economy and commerce

Commission welcomes European Parliament's approval of EU-Vietnam trade and investment agreements

The European Commission welcomes today’s decision by the European Parliament to approve the EU-Vietnam trade and investment agreements. The EU-Vietnam trade agreement is now set to enter into force in 2020, upon conclusion of the ratification procedure by Vietnam.The trade agreement will eliminate virtually all ...

Investment in agricultural sector remains modest

The Government and the banking sector are paying more attention in enabling those involved in the agricultural sector to obtain loans from the bank, but the number of farmers and agricultural cooperatives to get access to bank loans remains modest, experts said at a seminar ...

Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed to Unleash the Potential of Capital Markets

Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP since 2016, and a trade balance surplus for the fourth year in a row. These results are remarkable in the ...

Việt Nam ranks second in fintech investment in Southeast Asia

Venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of the total fintech investment in Southeast Asia. In Việt Nam, the leading field attracting venture capital in fintech companies was payment. Fintech companies are targeting about 300 million adults in Southeast Asia who ...

2019 breakthrough targets must wait for 2020

There is only one month left of the year and it’s safe to say it’s been a successful one for Việt Nam with all major socio-economic tasks likely to be achieved.In 2019, the Government defined key tasks focusing on macroeconomic stability, inflation control, and production ...

Vo Tri Thanh

Promoting low-carbon circular economy with a Swedish perspective

Forming public-private partnerships is said to be a major solution for the development of the low-carbon circular economy in Vietnam.The circular economy is currently a global trend in sustainability. Swedish experts say that the transformation from a conventional to a circular economy enables nations to ...

Nguyen Huong

VCCI and UNDP promote business integrity in Việt Nam

To help businesses implement the new Anti-Corruption Law, the UNDP and VCCI have developed a business integrity pledge for business associations. With this pledge, business associations commit themselves to promote business integrity and encourage their members to comply with the 2018 Anti-Corruption Law. The VCCI ...

Green finance for renewable energy

As part of the strategy of sustainable national development, prioritizing capital sources for customers, who are investing in green production, environment-friendly production and renewable energy (RE) sectors is extremely important.Currently, banks have begun to gradually increase the proportion of green credit – credit for RE ...

Mekong Connect 2019 to be held in Can Tho in November

The Mekong Connect 2019, themed “Linking the value chain of the delta, enhancing market integration,” will be held in Can Tho city on November 7.According to Vu Kim Hanh, Chairwoman of the Business Association of High Quality Vietnamese Products , this year’s event will feature four ...

Vietnam targets increased competitiveness by innovative start-ups

The innovative start-up ecosystem in Vietnam has grown strongly and achieved positive results, contributing a vital role in improving the efficiency and competitiveness of the economy.According to experts, the development of national innovative start-up ecosystem as well as the growth of start-ups needs to be ...

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