Given Vietnam’s upcoming role hosting the World Economic Forum on ASEAN (WEF ASEAN) during September 11-13, the central city of Da Nang is making every effort to promote its potential and strength to the world’s leading partners and businesses.
Although derivatives market has proved its role as an effective investment channel, it is still not much attractive to institutional investors.
Efforts to fight desertification in the south central province of Binh Thuan have paid off as impoverished soil – a result of water scarcity – is gradually being replaced by greenery.
A ceremony was held in Kuala Lumpur, Malaysia, on August 27 to mark the 73rd National Day of Vietnam (September 2, 1945).
Bilateral trade turnover between Vietnam and the Czech Republic in the first half of 2018 recorded an expansion of nearly 14 percent compared to the same period last year, marking a successively stable growth rate of over 10 percent per year since 2015.
Revenue to the State budget totaled 775 trillion VND in the first seven months of this year, equivalent to 58.7 percent of the yearly estimate and up 13.4 percent year-on-year, said the Ministry of Finance.
Right after Vietnam became a member of the Association of Southeast Asian Nations (ASEAN) in 1995, Ho Chi Minh City has carried out a line-up of activities to bolster trade, investment, culture and people diplomacy cooperation with ASEAN member states, playing an important role in the Vietnam-ASEAN relations.
The central coastal province of Thua Thien-Hue earned 2.66 trillion VND (114.38 million USD) from tourism in the first seven months of the year, a year-on-year surge of over 32 percent.
Financial leasing is an effective solution to solving medium- and long-term capital shortages for local businesses, head a conference held by the BIDV-SuMi TRUST Leasing (BSL) in Ho Chi Minh City on August 1.
The seven provinces in the southeastern region have reported stable economic growth in the first half of this year, with an average GRDP expansion of 7.79 percent.
Prime Minister Nguyen Xuan Phuc said he is looking for the honest recommendations from experts on issues facing Vietnam’s monetary and financial policies, helping the Government come up with prompt actions.
Growth in the ASEAN-5 group of economies is expected to stabilise at around 5.3 percent this year as domestic demand remains healthy and exports continue to recover.
According to the Vietnam Leather, Footwear and Handbag Association (Lefaso), the country’s leather industry is enjoying good chances to benefit from the shift of orders from China as a result of the tendency of moving to the production of high-tech goods.
Tourist arrivals to the capital city of Hanoi topped 13.19 million in the first half of this year, up 10 percent year-on-year, pushing up revenue by 9.3 percent annually to over 39.2 trillion VND (1.74 billion USD).
The southern province of Dong Nai posted a year-on-year growth rate of 7.5 percent in gross regional domestic product (GRDP) in the first half of 2018, Vice Chairman of the provincial People’s Committee Tran Van Vinh said.
The 14th National Assembly adopted at its 5th session a resolution on continuing to improve and enforce policies and laws on the management and use of State capital and assets in enterprises and during the equitisation of State-owned enterprises (SOEs).
The banking sector is optimistic about its growth prospect in 2018 as all of surveyed banks expect the growth rate to be more than 10 percent.
French businesses are looking to promote their technology and products in the Association of Southeast Asian Nations (ASEAN), aiming to raising France’s competitiveness in a region until now dominated by goods from Japan, the Republic of Korea and China.
