Strategy outlined for growth goals

Strategy outlined for growth goals

The government is to maximise all possible resources in the economy and from external financial assistance in an aim to achieve a fresh economic growth goal for 2025.
VAT cut set to continue on through to summer

VAT cut set to continue on through to summer

Though the continuation of a 2 per cent VAT reduction for the first half of 2025 can dent the state budget, there are calls to extend the policy throughout the year, which the government remains cautious about.
Major railway requires debt considerations

Major railway requires debt considerations

Concerns have been raised regarding the investment capital schemes and public debt safety for the national project to construct the North-South high-speed railway, an iconic venture anticipated to boost economic growth significantly.
Key balances maintained for industrial production

Key balances maintained for industrial production

Domestic industrial production in Vietnam continues on a recovery trajectory, bolstered by a rise in electricity consumption and growing business confidence.
Union rights closer for non-nationals

Union rights closer for non-nationals

Foreign employees in Vietnam shall have the right to join a trade union in their working in places under a fresh initiative, despite some concerns over security issues.
Public debt indicators remain in alignment with expectations

Public debt indicators remain in alignment with expectations

The country is projected to keep its public debt within safe levels this year, with a significant state budget surplus recorded in the first nine months of 2024, although a deficit is forecasted for the full year.
Call to action can protect Vietnam’s natural forests

Call to action can protect Vietnam’s natural forests

Vietnam has been warned of disasters affecting its forests if it fails to manage them more effectively, with many of them already in poor condition.
Leadership focused on economic progress

Leadership focused on economic progress

Vietnam has had a new state president hoping to contribute to driving the economy forward, with the government prioritising economic stability including a focus on semiconductor development.
Growth remains high for 2024-2025

Growth remains high for 2024-2025

The government remains steadfast with its economic growth target for this year, offering stronger support for enterprises.
Vietnam and Laos vow to increase ties

Vietnam and Laos vow to increase ties

Vietnam and Laos have further cemented their bilateral cooperation in key areas including security, trade, and investment.
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