Private sector economists expect Singapore's economy to weaken further in the third quarter with a gross domestic product growth forecast of 1%, according to the quarterly survey by the Monetary Authority of Singapore (MAS) released on September 6.
The Embassy of the Netherlands and the United Nations Development Programme (UNDP) have signed to launch their Accelerate Circular Economy for Business (ACE-Biz) project serving a shared commitment to pushing the acceleration of the circular economy in Vietnam’s private sector.
The engagement of the private sector in green and sustainable growth is crucial for Vietnam to complete its target of achieving net-zero emission and raising the green economy scale to 300 billion USD in the total national GDP value in 2050, according to experts.
Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance.
The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
Malaysian Deputy Prime Minister Ahmad Zahid Hamidi on February 9 said that the country must climb out of the middle-income trap after languishing more than two decades in the upper middle-income bracket as per the World Bank classification.
The Ministry of Science and Technology, UNDP in Vietnam, and UNDP SDG Impact co-hosted a conference in Hanoi last week with policymakers, experts, investors, and businesses to explore barriers and opportunities to unlocking private investment to accelerate the development of science and technology (sci-tech) and innovation in Vietnam.
Six new private sector partnerships announced under the Australian Department of Foreign Affairs and Trade’s (DFAT’s) Business Partnerships Platform (BPP) will promote the growth of sustainable carbon markets that deliver significant social and environmental benefits to communities in Vietnam.
Vietnam’s debt market was still in its infancy and sound policies were required to bolster growth, said policymakers and financial experts during a conference in Hanoi on November 29.
Vietnam’s Ministry of Planning and Investment (MPI) and the US Mission to Vietnam, through the US Agency for International Development (USAID), on November 22 announced a new initiative to spur private sector-driven sustainable and inclusive growth across Vietnam.
Germany’s die Welt newspaper has run an article hailing policies that Vietnam has applied over the years, describing them as the reason making the Southeast Asian country a dynamic and attractive destination for foreign investors.
The construction of a new airport requires capital up to trillions of VND while the market demand also must be considered. The major financial requirements of such ventures suggest private participation in on the horizon.
Vietnamese e-commerce is growing, creating many opportunities to generate jobs, develop the private sector economy and increase revenue for the State budget. However, preventing tax losses in this business requires improving mechanisms and policies.
National Assembly Chairman Vuong Dinh Hue affirmed that developing the private sector is a correct policy during his visit to Truong Hai Group (THACO) as part of a working trip to the central province of Quang Nam on July 27.
The United Nations Development Program (UNDP) and Indonesian Chamber of Commerce and Industry (KADIN) are committed to taking joint actions to advance the 2030 Agenda for Sustainable Development (SDGs) through increasingly involving the private sector.
Climate change has become one of the great challenges facing humanity, affecting all aspects of economy, politics, diplomacy as well as global security, Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment (MONRE), has said.
The United States Agency for International Development (USAID), in coordination with the Enterprise Development Agency under the Ministry of Planning and Investment, organised a training workshop in Ho Chi Minh City on June 29, aiming to provide information relating to greenhouse gas reduction as well as offering solutions to businesses.
Prime Minister Pham Minh Chinh had a meeting with Administrator of the United States Agency for International Development (USAID) Samantha Power in Washington D.C on May 13 (local time), as part of his activities while on a working visit to the US.
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