Many Vietnamese businesses conducted successful mergers and acquisitions (M&As) in 2019 and 2020 but the market was still led by foreign investors, the Vietnam M&A Forum in HCM City on November 24 heard.
Promoting the development of science and technology as well as digital economy is a wise choice for Vietnam to achieve an annual average economic growth rate of 7 percent during 2021-2030, according to experts.
Thanh Hoa province should roll out concerted solutions to soon become a new growth pole, together with Hanoi, Hai Phong, and Quang Ninh forming a development quadrangle in the north, Politburo member and National Assembly Chairwoman Nguyen Thi Kim Ngan said on October 27.
A circular economy is the future of every nation’s economy, of all production and business activities. It is the key for rapid and sustainable development, participants heard at a recent forum, entitled “Circular Economy: Direction for Sustainable Businesses in Vietnam”.
The 22nd Party Congress of Da Nang city concluded on October 22 after three days of sitting, with the issuance of a resolution targeting the comprehensive development of the city over the next five years.
Permanent Deputy Prime Minister Truong Hoa Binh, who is also a Politburo member, attended the opening of the 22nd Congress of the Da Nang municipal Party Organisation for the 2020-2025 tenure on October 21, with 349 delegates taking part.
The Government will continue doing its utmost, together with all ministries, sectors, localities, people, and soldiers and under the supervision of the National Assembly (NA), to overcome the impact of floods and storms now hitting the country, while stepping up disaster prevention and control efforts to protect lives and guarantee economic stability and development.
The congress of the Party organisation of Bac Ninh province approved a resolution on socio-economic development for 2020-2025 on September 26, which sets a target of turning the northern province of Bac Ninh into a centrally-run city.
Politburo member and National Assembly Chairwoman Nguyen Thi Kim Ngan attended the 15th Party organisation’s congress of northern Quang Ninh province on September 26, during which she lauded efforts it has made to become one of Vietnam’s leading localities in terms of economic growth, provincial competitiveness, administrative reform and IT application.
The State Bank of Vietnam (SBV) urged the banking industry to build an inclusive finance system that serves all members of society in Vietnam in Hanoi on September 10.
The Deputy Governor of the State Bank of Vietnam has asked units to regularly review and assess the implementation outcomes to determine the possibility of fulfilling assigned tasks in order to have suitable solutions, ensuring set goals.
Vietnam’s robust economic performance over the past three decades has been heavily dependent on exports and foreign direct investment (FDI), with foreign invested companies accounting for 67.8 percent of the country’s total export turnover in 2019, according to the Institute of Southeast Asian Studies (ISEAS) of Singapore.
Party General Secretary and State President Nguyen Phu Trong, who is also Chairman of the Subcommittee on Party documents of the 13th National Party Congress, has written an article emphasizing the need to well prepare and organise the 13th National Party Congress in order to bring the country to a new development period.
The 13th National Party Congress needs to be well prepared and organised in order to bring the country to a new development period, Party General Secretary and State President Nguyen Phu Trong has said.
Vietnam’s export is set to grow 5 percent annually from 2021 to 2025 to reach 340 billion USD in 2025, according to the Ministry of Industry and Trade (MoIT)’s plan on socio-economic development for the five-year period.
Chairwoman of the National Assembly (NA) Nguyen Thi Kim Ngan and Secretary of Hanoi’s Party Committee Vuong Dinh Hue co-chaired a conference in Hanoi on August 1 to collect opinions of the Party Delegation to the NA to a draft political report of the municipal Party Committee’s 17th congress in the 2020-2025 tenure.
World Bank (WB) Country Director for Vietnam Ousmane Dione said the bank will continue supporting the Southeast Asian country on its development path at a meeting with Politburo member Nguyen Van Binh, head of the Party Central Committee's Economic Commission in Hanoi on June 10.
Measures to improve FDI attraction, bolster the competitiveness of Vietnamese enterprises, and make the local investment environment more transparent were discussed at a workshop held by State Audit of Vietnam (SAV) in Hanoi on June 9.
Business
