Vietnam has room to climb up global value chains despite COVID-19 Business

Vietnam has room to climb up global value chains despite COVID-19

Though Vietnam has done exceptionally well in quickly containing COVID-19, the pandemic has taken unprecedented toll on its economy. However, it is notable room for the country to further accelerate reforms and climb up global value chain to meet its long-term development goals, heard at a forum on September 29.
Vietnam aims to have 2,000 supporting businesses Business

Vietnam aims to have 2,000 supporting businesses

Prime Minister Nguyen Xuan Phuc has signed a resolution to promote the development of support industries with the aim of having 2,000 enterprises capable of directly supplying parts for multinational corporations in ten years.
AMRO economist impressed with Vietnam’s achievements since joining ASEAN ASEAN

AMRO economist impressed with Vietnam’s achievements since joining ASEAN

In a recent interview granted to Vietnam News Agency correspondent in Singapore, Dr. Hoe Ee Khor, Chief Economist at the ASEAN+3 Macroeconomic Research Office (AMRO), expressed his impressions on Vietnam’s economic achievements and contributions to the Association of Southeast Asian Nations (ASEAN) since the country joined the bloc 25 years ago.
Vietnam keen to develop supporting industries: Deputy PM Business

Vietnam keen to develop supporting industries: Deputy PM

Vietnam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying for assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vuong Dinh Hue said.
Forum promotes diversity and inclusion in business Business

Forum promotes diversity and inclusion in business

Business leaders, representatives of civil society, international organizations and consumers all agreed that promoting diversity and inclusion makes business sense at an event on inclusive business on October 11.
Auto industry develops but local part supply still low Business

Auto industry develops but local part supply still low

The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.