News

Vietnam oriented toward development of competitive retail electricity market

After nearly 20 years of implementation and four rounds of amendments and supplements, there are still some issues that the current Electricity Law does not adequately address. These include the lack of a comprehensive legal mechanism to facilitate the transition from encouraging and supporting renewable ...

Translated By Anh Quan

Social policy credit plays significant role in multidimensional poverty reduction

Social policy credit capital has played a significant role in reducing multidimensional poverty rate, from 14.2 percent in 2011 to 2.93 percent by the end of 2023.The above finding was released at a teleconference to review 10-year implementation of Directive No. 40-CT/TW of the 11th ...

Thuy Dung

Progress of a World Bank-funded Climate Resilience Project under review

A meeting on the progress of the World Bank-funded Mekong Delta Climate Resilience and Integrated Transformation Project (MERIT – WB11), which costs more than VND17.75 trillion (approximately $741 million) was held in the Mekong Delta city of Can Tho on August 12 under the chair ...

Vân Nguyễn

Law amendments aim to promote development of science and technology: Official

The amendments to the Law on Science and Technology are expected to create a smoother legal corridor for Vietnam to catch up with the global science and technology trend, according to Deputy Minister of Science and Technology Bui The Duy. He said that the revised Law ...

Challenges from labor quality

Vietnam’s continued development needs to be matched by the skills and knowledge of its workforceskills and knowledge of its workforce.Vietnam’s labor market faces several major limitations, including the quality of its workforce being largely inadequate and failing to meet the demands of a modern, flexible, ...

ASEAN launches Airborne Infection Defence Platform

The Airborne Infection Defence Platform (AIDP) was officially launched on August 8 to strengthen ASEAN countries’ tuberculosis (TB) response, and health care system and pandemic preparedness to address the growing issue of airborne respiratory infections. The initiative was inaugurated at a side event of the ...

Vietnam unveils first National Action Plan on Women, Peace, Security

The Ministry of Foreign Affairs announced the Prime Minister’s decision to issue Vietnam’s first-ever National Action Plan on Women, Peace and Security, during a two-day workshop in the central city of Da Nang on August 8. The event, co-organised by the ministry and the UN ...

Vietnam still a darling for FDI

Favourable fundamentals have positioned Vietnam as a prime FDI destination, outperforming ASEAN peers.Competitive costs and a favourable investment climate play a key role in drawing foreign firms, especially manufacturers, to set up factories in, and export goods from, Vietnam, according to HSBC’s report “Vietnam at ...

Ngoc Lan

Collaboration and energy transition remain as the focus of climate transition journey

Vietnam has had milestones in climate transition journey in the past two years, from the country’s Net Zero commitment made at COP26 to its National Climate Change Strategy, of which collaboration and energy transition remain as the focus of this journey, Mr. Tim Evans, CEO of ...

Ngoc Lan

Vietnam gears up for fourth wave of FDI inflows

As Vietnam enters its 37th year of attracting foreign direct investment (FDI), the country is on the cusp of a significant new phase.From a regulatory agency’s perspective, Director of the MPI’s Foreign Investment Agency Do Nhat Hoang noted a burgeoning new wave of investment into ...

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