Sustaining economic gains amid COVID-19 of first importance: Official

Sustaining economic gains amid COVID-19 of first importance: Official

Keeping the coronavirus at bay and sustaining economic achievements are now of the first importance to the government and the political system, from central to local levels, due to the complexity of the latest COVID-19 outbreak, Minister-Chairman of Government Office Tran Van Son told the monthly Government press conference on May 5.
Balancing act required for open wood industry

Balancing act required for open wood industry

Foreign-invested wood and timber enterprises are contributing a significant chunk to the nation’s export turnover. To strengthen cooperation between these and domestic companies, the adoption of new policies seeks agreement among experts and other stakeholders.
Public investment to spur faster growth

Public investment to spur faster growth

Vietnam is to continue speeding up disbursement of public investment, with a focus on infrastructure development, in a bid to spur on economic growth and create more space for private enterprises.
Business health to come first in future wage date changes

Business health to come first in future wage date changes

In addition to recommending against an increase in wages this year, many experts and businesses have also opposed proposals to change the timing of regional minimum wage changes from January 1 to July in order to protect businesses and avoid operational issues as they attempt to wade through the pandemic period.
Index of industrial production rises in first four months

Index of industrial production rises in first four months

The first four months of 2021 witnessed a 10 per cent rise in the Index of Industrial Production, showing the positive recovery of the Vietnamese economy.
Developers work around foreign cap

Developers work around foreign cap

To meet the increasing demands of non-nationals on owning a property in Vietnam, many real estate developers are moving such buyers towards a long-lease term of 50 years instead after using up their restriction of 30 per cent of foreign ownership per project.
Value sharing and opportunities for Vietnamese suppliers in global value chain

Value sharing and opportunities for Vietnamese suppliers in global value chain

MNCs and FIEs increasingly focus on sustainability in their cooperation with local suppliers to elevate SMEs to become part of global supply chains.
India misery clouds supply chain fix

India misery clouds supply chain fix

The eye-opening events in India are concerning people all over the globe as leaders lose control of the pandemic, leading to tragedy on a massive scale – and the knock-on effects to global supply chains and economic recovery are there for all to see.
Beer battle ahead shakes up goals

Beer battle ahead shakes up goals

The country’s biggest brewers, SABECO and HABECO, have been quizzed over their ambitious profit targets and possible solutions at their annual general shareholders’ meetings as tough competition and beer consumption figures stand in their way.
Pandemic fluctuations persist in Vietnamese labour market

Pandemic fluctuations persist in Vietnamese labour market

A report from Vietnam’s General Statistics Office on the country’s employment situation over the first quarter of 2021 has uncovered the breadth and depth of the pandemic’s effects, despite the impressive work carried out to keep the coronavirus away from its people.
Capital injections loom in finance M&A

Capital injections loom in finance M&A

Although the pandemic is still taking a serious toll on the economy, foreign investors are banking on cross-border mergers and acquisitions in the financial industry, especially in consumer finance and retail banking, illustrating the urgency to acquire new capabilities.
Four new payment intermediaries licensed in Vietnam since 2021

Four new payment intermediaries licensed in Vietnam since 2021

From the beginning of the year, the SBV licensed four non-bank payment intermediaries, showing the increasing demand by local firms to join the fintech rush.
Export-import turnover hits 10-year record

Export-import turnover hits 10-year record

Vietnam's trade turnover in the first four months of 2021 reached $103.9 billion, a 10-year record high, according to statistics published by the GSO.
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