Economy and commerce
Vietnam looks to bolster private sector output
Vietnam aims to generate half of its economic output from the private sector within two years, its prime minister said, giving a clear indication of the communist-ruled country’s determination to make private enterprise the main engine of its economy.Keep reading ...
John Reed
Foreign investors demand IP action
Online intellectual property infringements related to industrial design are worrying investors, including those from the US, forcing state agencies to set forth an adequate legal mechanism to handle the situation.Keep reading ...
Hong Quang
Inefficient cooperatives to be dissolved by year end
The Ministry of Agriculture and Rural Development (MARD) asked provinces and cities on Thursday to dissolve ineffective agricultural cooperatives by the end of 2018. The ministry’s data shows that in 2017, Việt Nam had nearly 11,700 agricultural cooperatives and 30 cooperative coalitions. Some 3,900 agricultural ...
VNS Reporter
Vietnam to cut red tape in construction-related administrative procedures
Vietnamese Prime Minister Nguyen Xuan Phuc has requested that efforts be made to streamline the country’s administrative procedures in construction-related fields. The aim, he stressed, is to reach the average time it takes for such procedures to be done in ASEAN-4, which indicates the four ...
Tuan Son
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Vietnam’s business environment changing for the better: European commerce chamber
Vietnam’s government has been praised for its economic and administrative development by the European Chamber of Commerce in Vietnam (EuroCham), an organization representing over 1,000 European businesses.Keep reading ...
Dat Nguyen
Vietnam’s stock market rises to record high
Vietnam’s stock market rose by 0.92 percent on Thursday to close at more than 1,180 points, surpassing the record of 1.179 points set in 2007. An 11-year record has been broken thanks to blue chip stocks, and is forecast to climb even higher this year.Keep reading ...
Minh Son
FDI adding to Vietnam's economic recovery
Investment into Vietnam, led by Japan, South Korea, Singapore and China, is on the up, though the US withdrawal from the Trans Pacific Partnership is a worry.Keep reading ...
Peter Janssen
Quang Ngai is preparing to welcome a super project
After the big Hoa Phat – Dung Quat Steel project, Quang Ngai is urgently implementing a plan to welcome the “super” project of resort, tourism real estate and hi-tech agriculture.Keep reading ...
Vietnam to put Grab, Uber under taxi-like regulations
Vietnam’s transport ministry has long been determined to subject ride-hailing apps to the same regulations as traditional taxicabs, but has been struggling to put forward feasible solutions to do so.Keep reading ...
Son Luong
FAST500 firms face challenge of increasing input price
Increasing input prices, rise of competitors and administrative procedures will be the three biggest barriers affecting the growth of businesses this year.Keep reading ...
VNS Reporter
