Economy and commerce

The General Statistics Office (GSO) released the 2020 White Paper of Vietnamese Cooperatives, the first of its kind, along with the 2020 White Paper of Vietnamese Enterprises in Hanoi on April 28 as a means of meeting the requirements for information from the government, managers, ...

The European Council on March 30 adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.Once the Vietnamese National Assembly also ...

Việt Nam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports. The goal was approved by Prime Minister Nguyễn Xuân Phúc on Sunday (8/3).Accordingly, by 2025, an information technology infrastructure system, analysis software and an e-portal would ...

With the country poised to enjoy immediate tariff cuts right after the Vietnam-EU Free Trade Agreement (EVFTA) comes into effect, especially with regard to tariff reduction on agricultural processed products, there will be plenty of opportunities for local goods to enjoy competitive prices whilst exporting ...

As ASEAN Chair for 2020, Vietnam will introduce initiatives and priorities to boost regional connectivity and make ASEAN one the world’s leading economic growth regions.This year ASEAN countries will devise a mid-term Master Plan for building the ASEAN Community until 2025; develop an ASEAN Master ...

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 ...

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 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 ...

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 ...

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 ...