Economy and commerce
The disillusionment about FDI and the middle-income trap
In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th ...
Tran Thuy
Forum highlights sustainable forest governance, timber trade monitoring
The Centre for Sustainable Rural Development (SRD) and the Vietnam Administration of Forestry co-organised a forum on sustainable forest governance and timber trade monitoring in Hanoi on August 22. It is one of the annual activities aiming to promote the efficiency of forest governance and ...
First Vietnam Data Summit to take place this month
Vietnam Data Summit 2022, the first of its kind in Vietnam, will be held by the Ho Chi Minh Computer Association (HCA) and Western Digital Vietnam in the southern city on June 24, heard a press conference on June 10.The summit will focus its discussions ...
Transport infrastructure key to Mekong Delta’s economic growth
A vast major economic zone covering 40,400 sq.km., the Mekong Delta boasts abundant advantages in agricultural production and investment attraction across a variety of fields. However, for years, the slow development transport infrastructure has hindered the development of the region, becoming a bottleneck that prevent ...
Annual report on FDI in Vietnam released for the first time
The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...
Mekong plan outlines path to security
The Mekong Delta is stagnating on the back of poor frameworks and infrastructural gaps – flaws that are hoped to be remedied with a new 2021-2030 masterplan, driving regional socioeconomic growth.As the region has been focusing on ensuring food security for the whole country, the ...
Việt Nam must scale-up budget for climate change adaptation
Việt Nam increased its public expenditure for climate change in 2016-2020, however, more investment is needed to address climate risks and to mobilise more support from international and private sources, according to experts at a workshop held on Friday (11/3) to launch a report on ...
Public investment to offer backbone for infrastructure
With the economy gradually bouncing back, Vietnam will continue speeding up the disbursement of public investment this year, with a focus placed on infrastructure development in order to spur on economic growth this year and beyond.Hanoi is among many other localities showing strong determination in ...
Renovation and overtaking
Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of the world’s 20 leading international trade powerhouses.Renovation and overtaking are an inevitable part of competition and development. Almost 100 million Vietnamese ...
New North-South Expressway price tag 'doesn't look good': lawmakers
Lawmakers expressed concerns about the very high price tag for 12 new sections of the North-South Expressway, saying the government needs to provide more specific figures.The government’s proposal to build another 729 kilometers of the North South Expressway at VND200 billion ($8.69 million) per kilometer ...
Hoang Thuy, Viet Tuan
