Thursday, December 13, 2018 - 23:43:24

job creation

Industry 4.0 to boost Vietnam’s GDP to 16 percent

Business

Industry 4.0 to boost Vietnam’s GDP to 16 percent

The Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further 28.5-62.1 billion USD, equivalent to the GDP growth of 7-16 percent by 2030, according to a report by the Central Institute for Economic Management (CIEM).

Vietnam’s PMI bounces back in October

Business

Vietnam’s PMI bounces back in October

Vietnam’s manufacturing Purchasing Managers’ Index (PMI) climbed from a 10-month low of 51.5 in September to 53.9 in October, pointing to the strongest improvement in the health of the country’s manufacturing industry since July, IHS Market’s Nikkei reports released on November 1 showed.

SMEs’ productivity: Better, but still limited

Business

SMEs’ productivity: Better, but still limited

Although Vietnam has focused on increasing labour productivity and overall productivity growth, there have been relatively few opportunities for small- and medium-sized enterprises (SMEs) to get customised support as they grow, said Max Bulakovskiy, policy analyst in Global Relations at the Organisation for Economic Cooperation and Development (OECD).

HCM City must pick up economic pace

Business

HCM City must pick up economic pace

Ho Chi Minh City’s economy needs to pick up pace to achieve this year’s growth targets, heard a meeting held on October 1 to review the city’s socio-economic development in the first nine months.