Economy and commerce

Vietnam attracts over 29 billion USD in FDI in ten months

Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.Processing and manufacturing remained the most attractive sector to foreign investors during the ...

Vietnam Business Summit 2019 opens in Hanoi

The Vietnam Business Summit 2019 (VBS 2019), one of Vietnam’s biggest international business-related events, opened in Hanoi on October 16. The event is being held in parallel with the 10th Asia Business Summit (ABS) also in Hanoi on October 17. Both events are hosted by the Vietnam Chamber ...

Banks now keen on green credit

Green credit is now a trend in the global banking and finance industry and more Vietnamese banks are following suit. The State Bank of Vietnam (SBV) has taken welcome steps to develop Vietnam’s green credit market with its successful pilot of the Green Credit Program, according ...

Transport ministry cancelled international bidding for North-South Expressway, seeks bids from domestic investors

The transport ministry announced on Monday they would cancel open international bidding for eight projects of the North-South expressway, in favour of homegrown investors.The decision was made on the consensus reached after consulting relevant agencies, transport ministry said in an announcement sent to the media, adding ...

Social policy credit proves useful for poverty reduction: meeting

Social policy credit has reached all the communal-level localities nationwide, greatly helping with efforts towards sustainable poverty reduction, heard a teleconference in Hanoi on September 23.According to General Director of the Vietnam Bank for Social Policies (VBSP) Duong Quyet Thang, social policy credit, part of ...

Promoting Vietnamese-European knowledge and technology transfer

A seminar on Vietnamese-European knowledge and technology transfer took place at the Hanoi University of Science and Technology, in Hanoi, on September 11. The event is a part of the Vietnamese – European Knowledge and Technology Transfer Consortium (VETEC) project network development chain – under the ...

National conference on sustainable development held

The National Conference on Sustainable Development 2019 took place in Hanoi on September 12 under theme “For a Decade of More Sustainable Development”, gathering leaders of the Government, ministries, sectors, localities, associations, and businesses.Within the conference, participants discussed topics related to the development of circular ...

Mobile banking project launched for low income people, women

The Vietnam Bank for Social Policies (VBSP) on September 6 officially launched the project “Mobile Banking – Financial Inclusion and Economic Empowerment for Low-Income People and Women in Vietnam” – Phase 2 (Mobile Banking 2).The project is funded by the Australian Foreign Affairs and Trade ...

E-logistics sorting out supply

Leading logistics providers are looking to technological investment and e-logistics as Vietnam’s limits in infrastructure and connectivity continue.  According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), infrastructure investment demand in Vietnam in the 2016-2020 period has been projected at ...

Vietnam ranked third most active startup ecosystem in ASEAN

Việt Nam jumped from fifth to third in the list of most active start-up ecosystems in the six largest ASEAN economies in only two years. The change was from the first half of 2017 to the corresponding period of 2019, with the country trailing only Indonesia ...

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