Government orders cutting 10 percent of regular budget spending

The Government has issued a programme on practising thrift and fighting wastefulness in 2019, with one of the measures requiring cutting 10 percent of regular budget spending. The programme emphasizes tightening fiscal-budgetary discipline and strictly following the budget estimates approved by the National Assembly. Keep reading ...

VNA Reporter

North-South Expressway a top priority for government in 2019

Eleven components of the North-South Expressway are among the top priority this year, the government has said. Three of them are publicly funded and the rest will be built under a public-private partnership (PPP) model.Keep reading ...

Dat Nguyen

VN government to cut funding for State-run media

Prime Minister Nguyen Xuan Phuc has signed a plan to slash the number of State-funded communication corporations and their total budget by 10 per cent by 2021.[]Việt Nam will see at least a 10 per cent reduction in the number of State-funded communications agencies (non-media) ...

VNS Reporter

Vietnam startups lack government support when it matters most

Vietnamese startups do not get the financial support they need from the government at the discovery and validation stages. The lack of institutional support is one of major factors behind the failure of many startups to take off and thrive, experts say.Keep reading ...

Dat Nguyen

VN Government committed to push AI development

The Government of Việt Nam, together with leading tech companies, are committed to supporting the development of artificial intelligence (AI) in service of the country’s industrialisation and modernisation process.Keep reading ...

VNS Reporter

Government targets vocational training for 2.2m people

The government targets to provide vocational training to 2.2 million people in 2018 to meet the increasing demand for human resources, according to the Directorate of Vocational Education under the Ministry of Labour, Invalids and Social Affairs.Keep reading ...

VNS Reporter

Government committed to slash business costs

This year, the Vietnamese Government intends to further slash business costs and regulations as well as fostering co-operation between domestic enterprises and their foreign direct investment (FDI) counterparts.Keep reading ...

VIR Reporter

Vietnam's minimum wages to increase by 6.5 per cent in 2018

The minimum wage will be officially increased from January 1, 2018 by an extra VND180,000-230,000 ($8.07-10.13), depending on the region.Keep reading ...

Ha Vy

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