Vietnamplus

More than 80 percent of strikes in the first half of the year occurred at foreign direct investment (FDI) enterprises.

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.

Vietnam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.

Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc has said he hopes US-invested firms will pioneer in generating links between the foreign direct investment (FDI) and domestic sectors in Vietnam.

A national symposium was held in Ho Chi Minh City on May 9 to discuss the current impacts of the Fourth Industrial Revolution (Industry 4.0) on labour relations and work quality in foreign-invested enterprises in Vietnam.

The productivity and competitiveness of Vietnamese enterprises remain low, according to a report on the manufacturing and processing industries which was publicized on April 26 by the Vietnam Academy of Social Sciences, the Ministry of Planning and Investment and the UNDP.

“Vietnam needs to acknowledge its economic shortcomings. It needs to maintain stable and high economic growth before becoming the so-called dragon or tiger,”

The number of small-scale FDI firms are on the rise, with the proportion of those with capital of less than 5 billion VND (214,831 USD) increasing to 37.7 percent in 2018 from 29.6 percent in 2015.

The northern province of Quang Ninh continues to retain the top spot of Provincial Competitiveness Index (PCI) 2018 rankings .

The northern province of Quang Ninh maintained its top spot for two consecutive years in the Provincial Competitiveness Index (PCI) 2018 that was announced in Hanoi on March 28.

Vietnam’s total trade turnover reached 100 billion USD between the start of the year and March 19, according to the General Department of Vietnam Customs.

Representatives from foreign-invested (FDI) enterprises in Ho Chi Minh City contributed their ideas and recommendations to spur growth in the city at a meeting with municipal leaders on March 23.