Strategy to be built to develop modern industry Business

Strategy to be built to develop modern industry

The Research Institute for Industry Policy and Strategy under the Ministry of Industry and Trade (MoIT) held a seminar in Hanoi on February 28 to collect ideas to build a strategy on industrial development until 2030, with a vision to 2045.
ASEAN-RoK special summit to focus on free trade, shared prosperity World

ASEAN-RoK special summit to focus on free trade, shared prosperity

The special summit between the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea (RoK), slated for November 25-26 in Busan city, will seek ways to strengthen the free trade order and achieve shared prosperity, according to the RoK President’s office.
Thai baht’s price sees rapid increase World

Thai baht’s price sees rapid increase

The Federation of Thai Industries (FTI) is calling on the Bank of Thailand to launch new measures to rein in the baht's rapid gains after the currency hit a more than six-year high.
Singapore lowers economic growth forecast for 2019 World

Singapore lowers economic growth forecast for 2019

Singapore’s annual economic growth slipped to the lowest rate in nearly a decade during this year’s first quarter as manufacturing slowed down in the wake of the prolonged US-China trade war, prompting a downgrade to the city-state’s full-year growth forecast.
Proactive measures taken to promote export to CPTPP markets Business

Proactive measures taken to promote export to CPTPP markets

The Ministry of Industry and Trade (MoIT) has worked out comprehensive solutions to expand and seek more export markets for Vietnam’s goods, towards fostering the country’s export, especially to member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Public debt poses big risk to Vietnam Business

Public debt poses big risk to Vietnam

The state budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the government to help the economy head towards growth, said Professor Tran Tho Dat, Principal of the National Economics University (NEU).
Most banks upbeat about 2019 performance Business

Most banks upbeat about 2019 performance

Most banks will not officially set their annual targets until their shareholder meetings in April, but many bank leaders are optimistic about 2019 with plans to increase profits through cutting operating costs and promoting digital services.