GDP forecast to grow 3.8 percent this year Business

GDP forecast to grow 3.8 percent this year

Vietnam’s economic growth in 2020 will reach 3.8 percent if there is no second wave of COVID-19 in the second half of the year and economic activities are being gradually resumed. The forecast was released by the Vietnam Institute for Economic and Policy Research in Hanoi on July 21 at the launch of its independent assessment of Vietnam’s macroeconomic performance.
Conference seeks to promote Japanese investment flows into Vietnam Business

Conference seeks to promote Japanese investment flows into Vietnam

An online conference was jointly organised in Hanoi on July 9 by the Ministry of Planning and Investment (MoPI), the Japanese Embassy in Vietnam, the Japan External Trade Organisation (JETRO) and the Japan Bank for International Cooperation (JBIC) to promote Japanese investment flows into Vietnam.
Hanoi looks to recover economy as pandemic continues Business

Hanoi looks to recover economy as pandemic continues

Hanoi authorities have been identifying and introducing solutions to address pressing difficulties facing production and business and ensure social security amid the COVID-19 pandemic, the 23rd meeting of the 16th Hanoi Party Committee heard on April 22.
Industrial production grows in first quarter if COVID-19 ends: GSO Business

Industrial production grows in first quarter if COVID-19 ends: GSO

The General Statistics Office (GSO) forecast if the coronavirus epidemic is stamped out in the first quarter this year, Vietnam’s industrial production value in the first quarter would increase by 2.68 percent year-on-year, lower than growth rate of 9 percent in the first quarter of 2019 and 10.45 percent in the first quarter of 2018.
Work starts on My Thuan Bridge 2 Business

Work starts on My Thuan Bridge 2

Construction started on February 27 on the My Thuan Bridge 2 to connect the Trung Luong-My Thuan and My Thuan-Can Tho expressways between Ho Chi Minh City and Can Tho, linking the two economic powerhouses of the southern region.
Important laws to take effect in January Politics

Important laws to take effect in January

The 2018 Law on Animal Husbandry, the 2018 Law on Cultivation, the 2019 revised law on management and use of weapons, explosives and support tools, and the 2019 Law on Public Investment will start taking effect in January 2020.
DRVN calls for better road maintenance Society

DRVN calls for better road maintenance

The Directorate for Roads of Vietnam (DRVN) has called on various agencies to fulfill their responsibility for maintaining transport projects on national highways and expressways at the end of the year.
Former Petrolimex officials punished for violations Politics

Former Petrolimex officials punished for violations

The Inspection Commission of the Party Central Committee has proposed taking disciplinary measures against Bui Ngoc Bao, a former leader of the Vietnam National Petroleum Group (Petrolimex) for violations by the Standing Board of the group’s Party Committee.
Vietnam stocks to beat 1,000 points in Q4 Business

Vietnam stocks to beat 1,000 points in Q4

Vietnam’s benchmark VN-Index could breach the 1,000 point mark in the last quarter of the year after the Q3 corporate earnings season and with investors shifting attention towards firms with hopes for full-year earnings growth.
HCM City Party Committee convenes 30th meeting Politics

HCM City Party Committee convenes 30th meeting

Ho Chi Minh City maintained its status as the country’s largest economic hub with an economic growth of 7.86 percent and a gross regional domestic product (GRDP) of over 611 trillion VND (26.5 billion USD), accounting for 24.6 percent of the country’s total, in the first half.