TAGs: economic

30-year FDI attraction: ripple effect on domestic businesses

04/10/2018 21:19

The attraction and use of foreign direct investment (FDI) in the past 30 years have proven that the door-opening policy of the Party and State of Vietnam is a correct choice in line with the development trend of the era and the country’s situation, Minister of Planning and Investment Nguyen Chi Dung said. 

Building brand name for Vietnam’s coffee

15/08/2018 21:36

Vietnam is one of the largest coffee producers in the world, earning more than 3 billion USD from the export of coffee bean each year, but the country mainly sells beans as material with low added value. 

VN currency suffers from US-China trade war

24/07/2018 21:36

The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market, or keep the dollar/dong exchange rate stable to avoid increased public debt and control inflation as the US-China trade war accelerates.

Hanoi’s economy performs well in five months

05/06/2018 22:39

Hanoi’s industrial production index rose by 7.8 percent in the first five months of this year, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen. 

VN, France urged to make economic ties on par with political bonds

27/03/2018 12:08

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong asked Vietnam and France to bring their cooperation, especially in trade and investment, on par with their political ties while meeting with President of France’s National Assembly Francois de Rugy in Paris on March 26.

A digital future for Vietnam’s medium-sized enterprises

03/03/2018 15:38

With the Fourth Industrial Revolution surging globally and impacting Vietnam, enterprises in Vietnam will have to change themselves to adapt. Pham Thai Lai, CEO of Germany’s Siemens Vietnam, spoke to VIR’s Thanh Tung about how digital technologies can impact enterprises in Vietnam, especially medium-sized ones.

PM requests stronger changes in economic competitiveness in 2018

30/12/2017 19:16

Prime Minister Nguyen Xuan Phuc requested all sectors, localities and enterprises to work together to make stronger changes in the competitiveness of the economy while concluding an online conference between the Government and localities in Hanoi on December 29.

2017 economic growth exceeds set target

27/12/2017 21:12

The gross domestic product (GDP) growth of Vietnam in 2017 is estimated to expand by 6.81%, surpassing the Government’s set target of 6.7%.

Vietnam agrees Kuwait Fund loan for coastal infrastructure development

19/12/2017 20:35

The Ministry of Finance signed an agreement with the Kuwait Fund for Arab Economic Development (KFAED) on December 19 to borrow more than US$9 million (VND212 billion) for a project to develop coastal infrastructure in response to the effects of climate change in Thai Binh Province.

WB: Growth projected to stabilize in medium term

11/12/2017 22:26

The pace of Vietnam’s growth is expected to increase to 6.7 per cent this year, according to Taking Stock, the World Bank’s bi-annual economic report on Vietnam, released on December 11. 

Impressive numbers related to APEC 2017

06/11/2017 21:42

PSNews - The APEC Economic Leaders’ Week themed “Creating New Dynamism, Fostering a Shared Future” officially opened in Da Nang on November 6 and will run through to November 11.

Concerns over Formosa steel supply played down

14/10/2017 21:43

A year after a toxic spill from the plant caused the country’s worst environmental disaster so far, the giant Formosa steel and port complex project, the largest of its kind in Vietnam, is pressing on, expecting to produce about 1.5 million tonnes of steel between now and the end of the year, amid concerns about affecting the domestic market.