The National Assembly has issued a resolution on State budget estimates for 2019, in which total State budget collection will likely reach over 1.411 quadrillion VND (60.67 billion USD), while the total spending will hit more than 1.633 quadrillion VND.
The logistics sector has been the bottleneck for Vietnam’s economic development, but offers plentiful opportunities for local startup companies with the application of technologies.
Chairwoman of the National Assembly of Vietnam Nguyen Thi Kim Ngan and Speaker of the Republic of Korea’s National Assembly Moon Hee-sang have pledged to facilitate trade and investment cooperation between the two countries as they attended the Vietnam-RoK trade and investment forum in Seoul.
Director of the Pukyong National University Kim Young-seop granted an Honorary Doctorate Degree of Politics to Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan during a ceremony in Busan city, the Republic of Korea (RoK), on December 5.
Singaporean Prime Minister Lee Hsien Loong and outgoing Brazilian President Michel Temer on December 1 pledged to continue strengthening cooperation and expanding bilateral trade ties.
The gross domestic product (GDP) of the southern province of Bac Lieu is expected to grow 8.36 percent this year, according to a provincial official.
Thailand’s exports increased 8.7 percent in October from a year earlier, nearly double the forecast of 4.5 percent.
Prime Minister Nguyen Xuan Phuc has urged the agriculture sector to switch from the mindset of agricultural production to an agricultural economy and international integration in order to create a revolution in the development of agriculture, farmers and rural areas.
The Asian Development Bank (ADB) has approved aid worth over 100 million USD to help the Vietnamese Government install eight modernised irrigation systems in five drought-affected provinces, according to the bank’s November 27 news release.
Vietnam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week.
Malaysian Prime Minister Mahathir Mohamad held talks with his Pakistani counterpart Imran Khan in Kuala Lumpur on November 21.
A Reuters poll of 11 economists showed that Singapore is expected to report slower third-quarter economic growth than initially thought as the manufacturing sector faces strains from weaker global demand and an intensifying trade dispute between the United States and China.
Prime Minister Nguyen Xuan Phuc is leading a high-ranking Vietnamese delegation to the 26th APEC Economic Leaders’ Week in Port Moresby, Papua New Guinea at the invitation of his Papua New Guinea counterpart Peter O’Neill.
Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will provide Vietnam with a good opportunity to continue perfecting its socialist-oriented market economy institutions and improving its business and investment environment in a more open and transparent manner, many experts have said.
Prime Minister Nguyen Xuan Phuc said the Regional Comprehensive Economic Partnership (RCEP) needs to be in the form of a cooperation framework that fosters trade and investment, rendering common prosperity for the region.
A trade conference connecting firms of Vietnam and Spain’s Barcelona region was held in Hanoi on November 12.
Myanmar earned nearly 436 million USD from exporting rice and broken rice from April 1 to October 26 this year, according to the Myanmar Rice Federation (MRF).
The 12th National Assembly approved the State budget projection for 2019, with an approval rate of 86.19, during its ongoing sixth session in Hanoi on November 9.
