upcoming na bears extra significance with elections

Upcoming NA bears extra significance with elections

The National Assembly is set to elect the country’s new state president and the legislature’s chairman this month, following leaders stepping down from the posts.
accelerated public investment the backbone to new growth

Accelerated public investment the backbone to new growth

Vietnam is being advised by economists to have a bigger focus on boosting the expansion of fiscal policy to fuel domestic production and business activities.
fdi takes on innovation focal point

FDI takes on innovation focal point

Nearly 40 years since opening the doors to the wider world, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which is now leaning into new priorities such as semiconductor manufacturing and AI.
regional cooperation advances boosted through asean future forum network

Regional cooperation advances boosted through ASEAN Future Forum network

For the first time in the history of ASEAN, Vietnam will hold the ASEAN Future Forum this week as the country’s largest multilateral event with an aim to further boost intra-bloc in economic, trade, and investment cooperation. Deputy Minister of Foreign Affairs Do Hung Viet talked with VIR’s Nguyen Dat about how important the event is to regional cooperation.
public investment progress requires a stronger thrust

Public investment progress requires a stronger thrust

High-profile international organisations are urging Vietnam to quicken its public funding as an effective fiscal policy move to attract more funding from private investors, who bemoan a lack of high-quality infrastructure works in the country.
asean strength to be built on with trade reforms

ASEAN strength to be built on with trade reforms

Vietnam and ASEAN member states are jointly deploying measures to boost the region’s economy, with a focus laid on upgrading a regional agreement on trade in goods.
price movements likely to be affected by inflation landscape

Price movements likely to be affected by inflation landscape

Factors such as the upcoming rise in power tariffs and salaries are expected to pressurise the government’s efforts in bringing inflation under control this year.
origin rules must be tightened to benefit from global trade

Origin rules must be tightened to benefit from global trade

Vietnam is facing some tough challenges, including in terms of rule of origin, in taking advantage of incentives from a regional free trade deal, with a continued trade deficit being recorded
australasian nations raise partnerships

Australasian nations raise partnerships

While furthering cooperation with New Zealand, Vietnam has also elevated ties with Australia to a comprehensive strategic partnership, ushering in a brighter outlook for investment and trade flows also spurred on by free trade agreements.
higher growth possible with effort

Higher growth possible with effort

Amid big difficulties, the Vietnamese economy is expected to continue bouncing back with a boost in domestic consumption and production, which are among priorities set by the government to hit its new growth goals.
innovative mindset leads diplomatic goals

Innovative mindset leads diplomatic goals

Vietnam reaped significant achievements with the large contributions of diplomatic activities in 2023. Minister of Foreign Affairs Bui Thanh Son spoke with VIR’s Nguyen Dat about how the diplomatic sector has and will perform to help the economy stride ahead confidently.
diverse fdi augurs well for 2024

Diverse FDI augurs well for 2024

With plans to establish itself as an attractive high-tech manufacturing market, Vietnam is boosting its business-oriented diplomatic activities to attract investment and expand trade
euro parliament steps up vietnams ipa ratification

Euro parliament steps up Vietnam’s IPA ratification

The European Union will urge many member states to boost the ratification of the EU-Vietnam Investment Protection Agreement in order to further facilitate investment flows.
answers promised to increase revenues and cut costs

Answers promised to increase revenues and cut costs

Lingering difficulties are expected to continue affecting the state budget, with a dent in revenues and a need for more fiscal assistance for the public and businesses.
benefits ahead in asean china deal

Benefits ahead in ASEAN-China deal

A new version of the ASEAN-China free trade deal, bolstered by positive impacts from other major deals, could help improve Vietnam-China trade and investment ties.