Reopening the economy is being considered an inevitable path to create an opportunity to reverse gross domestic product (GDP) growth in the fourth quarter and improve that of the whole year 2021.
The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.
The Government have issued a host of preferential policies for businesses operating in supporting industries over the past time. However, their beneficiaries have said it is difficult for them to access incentives and support from these policies.
President Nguyen Xuan Phuc received representatives of the US-ASEAN Business Council (USABC), the American Chamber of Commerce (Amcham), the US Chamber of Commerce (USCC), and several US companies and multinational groups in New York on September 22 (local time).
Vietnamese President Nguyen Xuan Phuc delivered a statement at the general debate of the 76th session of the United Nations General Assembly (UNGA) in New York, the US, on September 22 (local time).
The ninth Vietnam - Japan Supporting Industries Exhibition (SIE) and the Vietnam Manufacturing Expo (VME) opened via videoconference on September 14 night.
Following directions of the Government, the Ministry of Industry and Trade has coordinated with relevant ministries, sectors and agencies to implement measures to improve the competitiveness of businesses operating in supporting industry, thus promoting the growth of the sector.
HSBC Vietnam has mapped out two scenarios for Vietnam’s economy until the end of the year which focused on the re-opening of the economy, according to its Chief Executive Officer (CEO) Tim Evans.
The northern province of Thai Binh has applied measures to boost the development of its industrial sector and support industry in particular, focusing on industries supporting garment and textile and mechanical engineering, as part of efforts to become a locality with strong industrial growth in 2025.
Prime Minister Pham Minh Chinh on September 4 called on the US to continue helping Vietnam in COVID-19 prevention and control through suitable forms, especially in implementing the vaccine strategy.
A Vietnamese delegation, led by Minister of Industry and Trade Nguyen Hong Dien, attended at a ministerial-level talks of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on September 1.
Integration with global manufacturing has helped keep Vietnam’s economy humming during the pandemic, according to an article published on news site The Economist on August 30.
The medical devices sector is one of Vietnam’s most promising for foreign investment due to its rapid economic development and rising demand for medical care, according to Madan Mohan Sethi, Consul General of India in Ho Chi Minh City.
The ASEAN Studies Centre of ISEAS - Yusof Ishak Institute in New Delhi and the ASEAN-India Centre at the Research and Information System for Developing Countries (RIS) launched their first joint programme entitled “ASEAN-India Development Partnership Programme (AIDPP),” a training and capacity building programme for scholars and practitioners of ASEAN countries and India.
The northern province of Vinh Phuc is adopting a number of mechanisms and policies to attract investment in the development of supporting industries, considering it as an important step to build a sustainable industry.
Rising COVID-19 cases will prolong job crisis and increase working-hour losses in the Association of Southeast Asian Nations (ASEAN) and Vietnam in particular.
The programme to assist businesses in digital transformation for the 2021-2025 period of the Ministry of Planning and Investment and the USAID-funded Linkages for Small and Medium Enterprises (LinkSME) project have announced a support package to help enterprises promote digital transformation.
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