The private sector was the main driver of growth for Vietnam in the first nine months this year, a conference held by the Central Institute for Economic Management (CIEM) heard in Hanoi on October 30.
The northern province of Vinh Phuc has paid great attention to job creation for rural labourers through policies to support vocation training and attract investment.
The 9th session of the Vietnam-RoK Joint Committee on cooperation in energy, industry and trade took place in Seoul on October 22, aiming to concretize potential between the two countries.
Vietnam’s economic restructuring and growth model reform in 2016-2020 have been benefiting from positive changes in policies and achievements in the 2011-2015 period, according to economist Nguyen Dinh Cung.
The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.
Vietnamese wood processing firms need to rethink their production models and embrace technologies to increase their competitiveness amid current and future challenges, delegates said at a seminar held in Ho Chi Minh City on September 10.
As much as 3.63 billion USD of foreign direct investment (FDI) capital was poured into Ho Chi Minh City in the first seven months of this year, an annual rise of 15.2 percent, according to the municipal People’s Committee.
Foreign direct investment (FDI), especially in southern provinces, is expected to increase sharply with a number of billion-dollar projects in the pipeline, according to the Foreign Investment Agency (FIA).
The Vietnam Institute for Economic and Policy Research (VEPR) has predicted Vietnam’s economic growth would accelerate in the third quarter and then reach 7.17 percent the last quarter to hit the Government’s target of 6.6 to 6.8 percent for the full year.
The signing of the European Union-Vietnam Free Trade Agreement (EVFTA) was a strong and positive sign in demonstrating Vietnam’s policy of supporting free trade, said Ousmane Dione, World Bank Country Director for Vietnam.
The EU-Vietnam Free Trade Agreement (EVFTA) is expected to put pressure on Vietnamese enterprises to increase their competitiveness in order to make inroads into the European market.
The Government has affirmed its resolve to pursue the goal of macro-economic stability and inflation control while focusing efforts on addressing existing shortcomings and limitations in a resolution adopted at its regular meeting for May.
Ho Chi Minh City's preferential policies for the supporting industries in recent years has helped companies expand and secure contracts as suppliers with foreign-invested companies.
The National Assembly appreciated the Government’s leadership and the drastic implementation of the NA’s resolutions on socio-economic development and State budget when examining the reports on socio-economic performance in 2018 and early months of 2019 on May 31 morning.
Vietnam’s index of industrial production index (IIP) in May expanded 4.6 percent against the previous month and 10 percent year-on-year, the General Statistics Office said on May 29.
After 10 years of implementation, the campaign "Vietnamese people prioritise using Vietnamese goods" has affirmed an important role for domestic trade.
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