Economy and commerce

New association aims to untangle legal impasse

On August 7, a new association for studies and consultancy for business and investment activities in Vietnam will make its debut, expecting to bring the best benefits to businesses and contribute to law-making and enforcement.In alignment with improvements in investment policies, both domestic and foreign ...

Bich Thuy

New resilient and innovative development strategy required for next decade

The new development strategy for the next decade must be designed to help Viet Nam accommodate itself to the international context and promote the advantages of the country gained after more than three decades of Reform.  Prime Minister Nguyen Xuan Phuc stressed the point at ...

Gov't reviews overall picture of four key economic regions

Prime Minister Nguyen Xuan Phuc chaired a meeting on Friday to hear a report summarizing the overall picture of Viet Nam’s four key economic regions and their impacts on national growth. The four key economic hubs are: Northern Economic Region, Central Economic Region, Southern Economic Region, and Mekong ...

Central Highland provinces enhance development of renewable energy

In recent years, Central Highland provinces, mainly Dak Lak and Gia Lai, have attracted a number of domestic and foreign investors to survey and invest in solar and wind power. So far, many projects have been implemented and put into operation, significantly contributing to ensuring national ...

Programme promotes social initiatives launched

The En Xanh (Green Swallow) programme 2019 to honour social business initiatives was launched in Hanoi on July 24. The programme is jointly hosted by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Union of Science and Technology Associations, the United Nations Development ...

Hanoi city aims to improve startup ecosystem

Hanoi is taking measures to tackle difficulties facing local firms, especially newly established small- and medium-sized enterprises (SMEs). The city also aims to support the establishment of from 2-3 business incubators or startup spaces, facilitate the formation of from 3-5 private startup investment funds and attract ...

Vietnam’s coffee exports plummet as robusta prices fall

The sharp fall in export earnings was caused by the price of robusta coffee falling in London due to a global glut, with Vietnam getting the lowest rates of all exporters.The price is decided by rates fixed on global coffee trading floors at the time ...

White Book on Vietnamese Businesses 2019 launched

The first edition of the White Book on Vietnamese Businesses was launched at a ceremony in Hanoi on July 10. The White Book, compiled by the General Statistics Office under the Ministry of Planning and Investment, contains essential information assessing the development of enterprises across the ...

Stakeholders urged to consult arbitrators in PPP project disputes

Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to ...

Portal launched for start-up community

The Ministry of Science and Technology in cooperation with Nexus FrontierTech Company has officially launched a new portal for tech start-ups – vntechpedia.com. The portal is part of a project to support the national start-up and innovation ecosystem by 2025 approved by Prime Minister Nguyen Xuan ...

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