Prime Minister Nguyen Xuan Phuc has approved a project to develop the night-time economy in Vietnam to allow some activities to run overnight until 6am of the next day in some major tourism cities and zones.
A workshop was held in the central city of Da Nang on July 17 to discuss ways to improve the effectiveness of support policies for businesses affected by the COVID-19 pandemic.
The Central Institute for Economic Management (CIEM) said with good results in preventing the pandemic and the chance for economic recovery, Vietnam still needs to be cautious in the second half of the year.
The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic, according to insiders.
Minister of Planning and Investment Nguyen Chi Dung has asked localities to bring their advantages into full play to welcome a wave of shifting FDI over the next six months.
Prime Minister Nguyen Xuan Phuc has applauded the achievements of the people’s public security force in the first half of 2020 which, he said, greatly helped ensure political security, social order and safety, and, especially, COVID-19 control.
Vietnam needs to focus on developing the infrastructure system of industrial zones (IZs) to draw clean and quality foreign direct investment (FDI) in the context of the global production shift, heard a conference on June 19 in Hanoi.
Vietnam is sparing no efforts to implement tax reform measures along with the application of information technology in tax administration to disclose budget information, according to the Vietnam Annual Economic Report 2020 launched at a conference in Hanoi on June 17.
The Mekong Delta has topped six economic regions nationwide in terms of provincial competitive index (PCI) over the past five years, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vo Tan Thanh reported at a seminar held in Vinh Long province on June 15.
The Central Institute for Economic Management (CIEM) held a workshop in Hanoi on June 1 to look into bottlenecks in Vietnam’s development post-COVID-19.
The Vietnam Chamber of Commerce and Industry (VCCI) said on May 27 it is actively promoting the dissemination of the EU-Vietnam Free Trade Agreement (EVFTA) among the country’s business community, helping them grasp opportunities and access incentives when the deal is implemented.
Many wood processing firms have managed to operate despite the COVID-19 pandemic and many have even chalked out measures to take advantage of the opportunities on offer when the pandemic is over.
Over the last six years, the 2014 Enterprise Law and its implementing Decrees have had positive impacts on creating a favourable and equal business environment, promoting the establishment, development and expansion of business of enterprise.
As the Law on Enterprises is no longer suitable due to heavy burdens of administrative procedures it placed on local firms, a revised bill is necessary to better the business climate and enhance the competitive edge of the economy, according to the Central Institute for Economic Management (CIEM).
The elimination of business conditions has helped ease burden on enterprises, but much work needs to be done to boost the effectiveness, heard a workshop in Hanoi on February 27.
The High-level People’s Court in Hanoi on February 21 reduced sentences for three defendants, including former Deputy Minister of Labour, Invalids and Social Affairs Le Bach Hong, while upholding penalties for three others involved in violations at the Vietnam Social Security (VSS).
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