Resolution 68 promotes new reform on business regulations Business

Resolution 68 promotes new reform on business regulations

In recent times, thousands of business conditions, product categories subject to customs checks, and administrative procedures have been cut and simplified in accordance with Government Resolution 68, facilitating production and business activities, significantly contributing to improving the investment and business environment and national competitiveness.
New working group set to boost reforms Society

New working group set to boost reforms

A special working group in charge of boosting reforms and improving the business climate will be set up this year, Chairman of the Government Office Mai Tien Dung said at a meeting on January 2 to discuss plans to simplify business procedures in 2020-25.
Vietnam, Cambodia’s central banks look to foster partnership Business

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.
Industry 4.0 to boost Vietnam’s GDP to 16 percent Business

Industry 4.0 to boost Vietnam’s GDP to 16 percent

The Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further 28.5-62.1 billion USD, equivalent to the GDP growth of 7-16 percent by 2030, according to a report by the Central Institute for Economic Management (CIEM).
Lao economy grows robustly, but with public debt risk: WB World

Lao economy grows robustly, but with public debt risk: WB

Economic growth in Laos has seen robust expansion compared to regional peers but the country is still at risk due to high public debt, with growth in the share of debt on less concessional terms, according to a report of the World Bank (WB).
PM urges action on excessive business rules Business

PM urges action on excessive business rules

Prime Minister Nguyen Xuan Phuc has demanded that all corresponding government departments, agencies and institutions to adjust policies as part of an “action-minded” government, to unburden Vietnamese firms of unnecessary business regulations, namely redundant business permits and categorisation.
Vietnam improves ease of business Business

Vietnam improves ease of business

Vietnam moved up nine notches in the World Bank’s Doing Business 2017 report. The country climbed to 82nd position from 91st position last year, in the list covering over 190 economies.