Politburo taps tourism as spearhead economic sector Travel

Politburo taps tourism as spearhead economic sector

The Politburo has issued a resolution on developing tourism into a spearhead economic sector by 2020, contributing 10 percent to the country’s gross domestic product (GDP), up from the current 6.8 percent.
SME law to yield 19 billion USD in taxes Business

SME law to yield 19 billion USD in taxes

The law to support small and medium – sized enterprises (SMEs) will help generate over 19 billion USD in taxes, according to an impact assessment by economic expert Le Duy Binh.
Ministry launches SME development fund Business

Ministry launches SME development fund

A fund for small and medium-sized enterprises (SMEs) development with total charter capital of 2 trillion VND (89.75 million USD) was launched by the Ministry of Planning and Investment on April 22.
TPP helps small, medium businesses: experts Business

TPP helps small, medium businesses: experts

The Trans-Pacific Partnership deal (TPP) will offer more business opportunities for local small- and medium-sized enterprises (SMEs) though many challenges still remain, experts said.
FDI makes up 67 percent of Vietnam’s exports Business

FDI makes up 67 percent of Vietnam’s exports

Mai Xuan Hung, Vice Chairman of the National Assembly Committee for Economic Affairs, spoke to the newspaper Thoi bao Kinh te (Vietnam Economic Times) about the Vietnamese private economic sector.