advantages outlined to push ahead with public investment

Advantages outlined to push ahead with public investment

In the context that most capital mobilisation channels are tightening, public investment is considered an important driver for boosting economic growth.
auto dealers bemoan slower festive period

Auto dealers bemoan slower festive period

Economic uncertainties and tightening credit for loans have left the domestic car market in the lurch, regardless of a plunge in prices.
reform imperative to tackle red tape in business

Reform imperative to tackle red tape in business

Despite efforts of the government in administrative reforms and simplification of business conditions, enterprises are still struggling with cumbersome procedures.
high informal worker figures pose issue for prosperity goals

High informal worker figures pose issue for prosperity goals

Vietnam’s high ratio of informal unskilled workers could affect the country’s efforts to increase national labour productivity and achieve the status of a prosperous nation by 2045.
local groups stuttering amid drop in new orders

Local groups stuttering amid drop in new orders

The sharp drop in the number of orders has pushed Vietnamese exporters in textiles, garments, leather, footwear, wood furniture, and even food to close production lines and narrow their scale.
lai chau airport may be invested in with ppp

Lai Chau Airport may be invested in with PPP

The Ministry of Transport (MoT) has just sent an official dispatch to the prime minister and Lai Chau People's Committee on the investment in Lai Chau Airport, which is to be constructed under the public-private partnership (PPP) format.
vietnam picking up slack as hub for chips

Vietnam picking up slack as hub for chips

High-tech investment is making a splash in Vietnam’s economic landscape, and so the country is emerging as the destination for semiconductor manufacturers, where local players are seemingly leading the way.
domestic companies striving to become trusted vendors of fies

Domestic companies striving to become trusted vendors of FIEs

Numerous foreign-invested enterprises are looking for more Vietnamese vendors, but domestic companies are being encouraged to make improvements before they can effectively climb global supply chains.
vietnam ponders hybrid car tax shift

Vietnam ponders hybrid car tax shift

A lower tax on hybrid cars should be calculated carefully when it comes to contributing to environmental protection, instead of benefiting only a few automobile manufacturers.
dynamic regions at heart of planning

Dynamic regions at heart of planning

Along with the increase in total factor productivity, creating economic dynamic regions with true spillover effects will be the poles that hold up investment and generate outstanding growth.
growth forecasts take price risks into account

Growth forecasts take price risks into account

Despite positive forecasts from international organisations on Vietnam’s economic recovery, there are still concerns related to inflation and growth that need solutions and directions from the government.
new foreign capital stutters despite overall deal boost

New foreign capital stutters despite overall deal boost

Vietnam’s investment picture is brightening, especially in processing and manufacturing, but a dip in newly-registered investment is causing some worry.
hallmark development plan draft sets out long term goal

Hallmark development plan draft sets out long-term goal

The nation’s most significant development plan is expected to resolve the economy’s shortcomings and enable Vietnam to reach the target of being a developed country by 2050.
provincial trio topping pci rankings

Provincial trio topping PCI rankings

Despite the remarkable improvement of Vietnam’s cities and provinces to enhance competitiveness, many issues are remaining for them to lure in more investment.
sanctions threatened on late public funding

Sanctions threatened on late public funding

The Ministry of Planning and Investment has expressed its dismay of poorly disbursed and allocated public investments.