Economy and commerce

In a bid to create a more business-friendly climate and attract more investment, the Vietnamese government will continue truncating thousands of business and investment procedures, which have been undermining investors’ and enterprises’ performance.Keep reading ...

Incentives are needed to encourage small- and medium–sized enterprises (SMEs) to join green growth projects, said Hoang Thi Hong, Director of the SME Development Fund (SMEDF) under the Ministry of Planning and Investment.Keep reading ...

The manufacturing sector had the strongest demand for recruitment, followed by consumer goods-retail, finance-banking, and information technology (IT) in the final quarter of last year, manpower consultant Navigos Group said in a report.Keep reading ...

Buildings in Hanoi and Ho Chi Minh City with more than 30 percent of funding sourced from the state budget capital, non-budget state capital and loans from State-invested businesses must use 100 percent non-baked building materials.Keep reading ...

Vietnam’s determination to build an enabling and action-oriented government to serve people and enterprises was reflected in its 2017 administrative reforms.Keep reading ...

Vietnam’s decision to outlaw the supply and use of cryptocurrency does not stop bitcoin investors and enthusiasts from actively engaging in trade and transactions with the digital money. The amended Vietnamese Penal Code, taking effect on January 1, 2018, criminalizes the issuance, supply and usage of cryptocurrency, a digital ...

Following impressive GDP growth of 6.81 per cent in 2017, the government has released a set of measures and priorities to achieve socio-economic development targets in 2018.Keep reading ...

Cyber attacks including the rise of ransomware cost Vietnamese users VND12.3 trillion or more than $542.8 million last year, according to a report from top online security firm BKAV.Keep reading ...

“Foreign direct investment (FDI) contributes over 20% of Vietnam’s gross domestic product growth, 50% of industrial output, and 70% of total exports, and creates 12 million-13 million direct and indirect jobs.” []However, Dr. Le Quang Thuan pointed out that FDI firms are mostly offering BPO orders ...

Việt Nam has to focus on increasing labour productivity and overall productivity growth to avoid the risk of being stuck in the middle income trap, experts said at the Vietnam Development Forum (VDF) 2017 yesterday.Keep reading ...