Economy and commerce
Outcomes of FDI-reliant economy
Vietnam’s economy has the highest ratio of exports against the gross domestic product (GDP) in the world. The ratio soared from 22% in 2005 to 203% in 2017 while the average ratio in the world is 28% and in China 19.6%.Keep reading ...
Vu Quang Viet
PM orders suspension of licenses for waste imports
Prime Minister Nguyen Xuan Phuc, at a regular Government meeting on July 25, announced that the Government will no longer issue new licenses for waste imports amid backlogs of imported scrap at ports, according to the Government news website.Keep reading ...
The Saigon Times Reporter
Lao dam collapse hits Vietnamese firms
Two Vietnamese firms have been hit by the dam collapse in Laos, and 26 citizens are among thousands trapped in flooded Attapeu Province.Keep reading ...
Ky Duyen
Vietnam moves to protect economy as US, China spar
With China and the United States as its largest export destinations, Vietnam is seeking ways to insulate itself from an escalating trade war between the world’s two biggest economies.Keep reading ...
The Strait Times Reporter
List of scraps permitted for import to be shortened: Ministry
The Ministry of Natural Resources and Environment (MoNRE) is seeking to remove scrap parts used for manufacturing from allowed import lists which either contribute to polluting the environment or can be supplied locally, as specified in Decision No.73/2014/QD-TTg.Keep reading ...
VNA Reporter
More Chinese firms invest in Vietnam’s energy projects
The Ministry of Industry and Trade (MoIT) has recommended the government to transfer investment rights for the Long Phu III thermal power plant from PetroVietnam to China Southern Power Grid Company Limited. []Meanwhile, many Chinese firms have become EPC contractor for Vietnamese energy projects. Keep reading ...
VietnamNet Reporter
Imports of used materials to be tightened
The Ministry of Natural Resources and Environment (MoNRE) will ask the Government to restrict the import of recyclable and used materials to Việt Nam.Keep reading ...
VNS Reporter
US-China trade war to hurt or benefit VN agriculture?
The ongoing US-China trade war will greatly impact the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Việt Nam.Keep reading ...
VNS Reporter
PM points out threats to Vietnam’s socioeconomic growth
Prime Minister Nguyen Xuan Phuc pointed out major risks to the country’s socioeconomic growth, such as disasters, social disturbances, traffic safety violations and corruption, at a national teleconference between the Government and local administrative units today, July 2.Keep reading ...
Ngoc Lan/Van Nam
Vietnam should be resilient to shifting megatrends: WB
Vietnam’s economy can be re-defined by focusing on the effective exploitation of four megatrends affecting the country’s sustainable and competitive development.Keep reading ...
VNA Reporter
