Vietnam reaped notable achievements in 2018, with economic growth hitting a record high of 7.08%, putting Vietnam on the list of Asia’s fastest-growing economies. New economic dynamics are expected to drive Vietnam forward in 2019 and help it achieve its 5-year plan targets by 2020.
Mentors are needed to help young Vietnamese entrepreneurs grow their businesses, but connections are still modest, experts said.
Deputy Prime Minister Trinh Dinh Dung has required combined efforts between the Ho Chi Minh City People’s Committee and relevant ministries in fulfilling the Politburo’s guidance on capital adjustments for two metro projects in the southern city.
Vietnam raked in 700 million USD from aquatic exports in January, a year-on-year rise of 15.2 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The Mekong Delta province of Kien Giang strives to yield 21,500 tonnes of shrimp on a site of 3,100ha in Long Xuyen Quadrangle and U Minh Thuong in 2019.
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Experts have predicted a banner year for merger and acquisition (M&A) activities in 2019 thanks to recent positive developments.
Vietnam’s securities market has plenty of opportunities to be promoted from a frontier market to an emerging market this year.
The Vietnam Maritime Administration (Vinamarine) has focused on administrative reform as part of efforts in international integration.
The adoption of climate-smart agriculture (CSA) will improve the productivity and quality of agriculture, increase farmers’ incomes and reduce their vulnerability to adverse climatic phenomena, according to experts.
Ho Chi Minh City collected fees of more than 16.49 trillion VND (over 712.5 million USD) last year for changing land-use purposes, according to the city’s Registration Office for Land Use Rights.
The United States’ Federal Aviation Administration (FAA) is expected to grant a Category 1 rating to Vietnam soon, allowing its airlines to fly to the US and codeshare with US carriers, according to the Strait Times.
A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Vietnam (SBV) survey released recently.
The domestic market is expected to see considerable changes in 2019 as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) became effective as from January 14, according to market watchers.
Da Nang’s international airport administration, in cooperation with Chubu Centrair airport, Japan, plans to launch daily direct flights connecting the central city and Nagoya later this year.
Small traders at several markets in the central city of Da Nang, including Son Tra night market, are now being provided with free foreign language courses, to improve service quality and woo more customers to their stores.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has recently taken effect in Vietnam, which will bring about both opportunities and challenges for many fields, including agriculture.
Vietnam’s shrimp exports are expected to grow this year to a value of more than 4 billion USD thanks to free trade agreements, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
In 2018, Vietnam’s total rice exports reached 6.15 million tonnes, with export turnover of 3.15 billion USD. The industry saw a 5.7 percent increase in volume and a 19.6 percent increase in value compared to 2017.
The southern province of Binh Duong has targeted a GRDP (Gross Regional Domestic Product) growth of 8.4 – 8.6 percent and per capita income of 140 million VND (more than 6,030 USD) this year.