The Philippine economy slowed in the second quarter to 6 percent from the 6.6 percent recorded in the first quarter, the lowest growth since the third quarter of 2015.
The national e-procurement system (VNEPS) was the spotlight of the Vietnam E-Government Procurement Forum 2018, the first on the issue at the national scale, in Hanoi on August 8.
Financial institutions and research organisations at home and abroad have shown their optimism about Vietnam’s economic growth in the second half of 2018 and the whole year.
Vietnam has recorded robust socio-economic development in the first seven months of the year, with stable macro-economy, and good control over inflation, in the context of the escalating US-China trade war, said Minister-Chairman of the Government’s Office Mai Tien Dung.
Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
Vietnam has received 80 billion USD in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.
Over the past years, the maintenance of peace, political stability and security has created favourable conditions for Cambodia to continue obtaining new achievements in socio-economic development and in the improvement of the people’s living standards.
The labour market in Vietnam and many other countries has changed significantly under the impacts of the Fourth Industrial Revolution, Deputy Minister of Labour, War Invalids, and Social Affairs Doan Mau Diep has said.
The website Inquirer.net of the Philippines published an article on July 17 titled “Vietnam is Southeast Asia’s new industrial powerhouse”, affirming Vietnam has switched from an agricultural economy to one of the brightest manufacturing hotspots in the region over the last 20 years.
The Philippines' total external trade in goods in May reached 15.22 billion USD, up 5.1 percent from 14.48 billion USD recorded in the same month last year, according to the Philippine Statistics Authority (PSA).
The Asian Development Bank (ADB) and the provincial People’s Committees of Ha Giang, Vinh Phuc and Thua Thien-Hue on July 6 signed project agreements totaling 223.87 million USD for the Secondary Green Cities Development Project.
The Mekong Innovative Startups in Tourism (MIST) will support 10 innovative travel and hospitality companies in 2018.
The Asian Development Bank (ADB) and the Philippines have signed a memorandum of understanding (MoU) on a 7.1-billion-USD lending programme from 2019 to 2021 for the Southeast Asian nation.
Prime Minister Nguyen Xuan Phuc has urged the World Bank (WB) to continue its financial and technical support for Vietnam during his meeting with the WB’s Vice President for East Asia and Pacific Victoria Kwakwa in Da Nang on June 27.
The 6th Global Environment Facility (GEF) Assembly opened in Da Nang city on June 27. Prime Minister Nguyen Xuan Phuc delivered a speech at the event's opening session.
By February 2018, nearly 52,000 small, 23 medium and two large biogas plants had been built across Vietnam to help reduce rural waste from livestock production under an 84-million-USD agricultural project.
French businesses are looking to promote their technology and products in the Association of Southeast Asian Nations (ASEAN), aiming to raising France’s competitiveness in a region until now dominated by goods from Japan, the Republic of Korea and China.
The Asian Development Bank (ADB) has approved a total of 1 billion USD in loans for Indonesia’s development through reforms and investment-led growth.
