Despite attracting 341 investment projects with 847.3 million USD in 2018-2020, Da Nang City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Vietnam.
Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam.
National electricity demand is expected to increase by 8.5 percent a year until 2025 and 7 percent until 2030, making Vietnam an attractive market for foreign energy investors.
Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
The reopening of the tourism sector and the resumption of industrial production back to normal affirms that Vietnam has spectacularly overcome COVID-19 and is ready to become a regional economic hub, Economic Professor Pankaj Jha has assessed in his recent article posted in website moderndiplomacy.eu.
Here is the full text of the ASEAN Declaration on Human Resources Development for the Changing World of Work, which was adopted at the teleconferenced 36th ASEAN Summit on June 26.
Vietnam is striving to have its vocational education with the same level of ASEAN-4 countries by 2030, and reach the level of G20 countries by 2045. This is the goal set out at the seminar on the development of vocational education and training strategies in the 2021-2030 period held in Hanoi on June 16.
To develop the support industry for the leather and footwear sector, the State should have policies to encourage the development of new materials, according to the Vietnam Leather and Footwear Association (Lefaso).
With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 percent during the 1990-2018 period.
Experts gathered at the Vietnam Travel; & Tourism Summit 2019 held in Hanoi on December 9 to discuss measures to help the Vietnamese tourism thrive in the future
Vietnam has climbed in the ranking of the best destinations in which to invest this year, surpassing other Southeast Asian nations such as Malaysia, Singapore and Indonesia.
Vinh Phuc province must improve the quality of its educational and training system to attract more foreign investment, heard a conference on November 27.
News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.
Taiwan (China) and Japan are expected to remain the top destinations for Vietnamese workers this year with 90 percent of all overseas employees working there.
Southeast Asia’s internet economy is forecast to reach 300 billion USD by 2025 as millions of people in the region take up online shopping and embrace ride-share food delivery, an industry report said on October 3.
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