The Saigon Times

Vietnam advances in Green Future Index 2023

Vietnam has made progress in the Green Future Index 2023, climbing from its previous 56th position to a commendable 53rd place this year. The assessment looked into 76 countries and territories, evaluating their commitments to sustainable development and carbon dioxide emissions reductions in the foreseeable ...

Nam Nguyen

Good chance to take overview

Electricity shortage has struck northern Vietnam over the past few weeks. From a certain perspective, however, this is a good opportunity as it has exposed the limitations of the power sector and has prompted the Government to thoroughly assess relevant issues, such as the development ...

An Nhien

Ample room for rice exports

Vietnam’s rice exports rose strongly by nearly 45% in value in the first months of the year, while many enterprises did not have sufficient rice to export, given the increasing global demand for food.According to Nguyen Ngoc Nam, chairman of the Vietnam Food Association (VFA), Vietnam’s ...

Trung Chanh

Affordable housing requires new policy

Prime Minister Pham Minh Chinh signed Decision 338/QD-TTg on April 3, 2023, approving an investment plan to build at least one million social homes in the 2021-2030 period. Given the current stagnant property market, there is a pressing need to consider implementing new policy to ...

Hung Son, Ngoc Ly

FDI attraction amidst global minimum tax policy

Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed.It is assumed that foreign investors choose Vietnam as an FDI destination ...

Phan Dinh Manh

No shortcuts for CBT

Developing community-based tourism (CBT) is a long journey, requiring sustainable cooperation among many sides to either create livelihoods for the local community or generate profits for businesses and make the destinations attractive without harming the local culture and environment.Keep reading ...

Nhan Tam

Concern over global minimum tax

The global minimum corporate tax policy is poised to take effect early next year, which may adversely affect Vietnam’s attraction of foreign direct investment (FDI) as the country has over the years offered tax incentives to lure investors.From a global perspective in terms of economic ...

Quoc Hung

Green economy needs no rush

For Vietnam, it is a good opportunity for domestic enterprises to become companions, to grow alongside and to develop. From a wider perspective, it should be the lifeline for the planet.The 2022 FDI report with the key topics of green growth and digital transformation released ...

Hoang Hanh, Thanh Tam

The reverse side of export growth

In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies.In the eyes of Vietnamese businesses, the signings of 15 FTAs have minimized the use of tariff barriers for free flow trade, but it has paradoxically ...

Hung Le, Ngoc Nguyen

Measures proposed to remove obstacles to renewable energy projects

The Ministry of Industry and Trade has asked the prime minister for approval of several measures to lift impediments to existing renewable energy projects, and work out a mechanism for facilitation of such projects in the years to come.In recent years, renewable energy projects have ...

T.S.

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