five reasons to own 5 star resort villas at angsana residences ho tram

Five reasons to own 5-star resort villas at Angsana Residences Ho Tram

Angsana Residences Ho Tram has taken the spotlight in the hospitality market due to its remarkable features, satisfying high-end customers and generating attractive returns.
vietnam asserting its brand identity on the global stage

Vietnam asserting its brand identity on the global stage

This week the Ministry of Industry and Trade in coordination with agencies, businesses, and other organisations will hold the National Brand Week Programme 2021 to celebrate efforts made by the government, the ministry, and the business community to enhance the position and image of Vietnamese brands through the Vietnam Value Programme.
mixed bag for first phase of cptpp deal

Mixed bag for first phase of CPTPP deal

Vietnam’s attraction of foreign direct investment from countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership has shown mixed results since its commencement, with expert opinions diverging on interpretation of developments.
growth indicators to ensure an optimistic scenario

Growth indicators to ensure an optimistic scenario

Striving to achieve a GDP growth rate of 6.5 per cent by the end of 2021 is both a goal and a pressure for Vietnam, the outcome of which strongly depends on a further recovery of domestic purchasing power and international trade and travel.
bridging the tech led links in investment

Bridging the tech-led links in investment

Although Vietnam has been improving its business and investment environment significantly throughout the last four decades, the cooperation between domestic and foreign-invested companies could be much improved, especially when it comes to the technology and quality gap between what the former side currently offers and what the latter demands.
appeals for clarity on access to tax extension scheme

Appeals for clarity on access to tax extension scheme

Although Vietnamese businesses are paying special attention to the government’s new tax extension plans, some financial experts are advising more effective strategies than previous ones.
pdp8 priorities and risks addressed

PDP8 priorities and risks addressed

The progression of the country’s  National Power Development Plan 8 is a particularly important task for Vietnam to mobilise the resources required to provide sufficient electricity and ensure overall energy security. However, after the publication of the plan’s third draft, several local institutions have criticised the set focus and have warned about entailing risks.
fies retain pole position in bolstering trade surplus

FIEs retain pole position in bolstering trade surplus

While many developed countries have been struggling with the pandemic, Vietnam has maintained a trade surplus of nearly $1.29 billion in the first two months of 2021. However, a large portion of this relies on foreign-invested enterprises, a fact that government officials and economists want to balance with their domestic counterparts.
cautious approach taken for 2021 rubber ambitions

Cautious approach taken for 2021 rubber ambitions

Global rubber prices are rising again, with rubber exporters eyeing international automobile and other processing industries. Nevertheless, as the pandemic remains unpredictable, local rubber producers and exporters are remaining wary when it comes to setting this year’s profit targets.
on track to inflation target despite robust cpi rise

On track to inflation target despite robust CPI rise

As the pandemic is slowly coming under control in some countries around the world, enabling economies to recover slowly but surely, Vietnam has seen the highest rise in consumer price index in February of the past eight years. Nevertheless, financial experts remain confident that the National Assembly’s inflation targets will still be met in 2021.
a hard commitment to soft power

A hard commitment to soft power

In a year of unprecedented global challenges, Vietnam has been an advocate of cooperation and opening more to the world. Vu Ba Phu, director general of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, shared with VIR’s Van Nguyen at the 2021 Global Soft Power Online Forum how the skilful use of soft power has helped the country achieve the successes it has.
harsh reality sets in for fashion retail brands

Harsh reality sets in for fashion retail brands

While fashion fanatics will welcome the ever-increasing presence of international brands like UNIQLO, H&M, and Zara, the domestic consumer base has already lost a significant portion of its purchasing power amid the influence of the global health crisis on the economy, forcing domestic brands to face increased competition with new strategies to retain their business.
prolonged pandemic issues cloud recovery

Prolonged pandemic issues cloud recovery

Following the new coronavirus outbreaks in a number of localities, Vietnam’s economy could face yet another difficult phase in the early days of the new lunar year as production and services are hindered in several sectors. Nevertheless, economists expect the impact to be less severe compared to the previous year.
from the outside looking in citizens abroad during crisis

From the outside looking in: citizens abroad during crisis

More than one year after the outbreak of the pandemic, many Vietnamese citizens stuck abroad are still wishing to return home, especially since their home country managed to keep the disease in check. As one of the initiators and supporters for such repatriation flights, Vietnam’s Ambassador to India Pham Sanh Chau witnessed the hopes and struggles of his people first-hand.
forestalling impending deflation risk

Forestalling impending deflation risk

After a year when inflation was nosediving to threaten a dip below the zero mark by the end of 2020, several Ministry of Finance experts agree that stimulus measures are necessary to turn the curve around and achieve healthy socioeconomic growth with a stable inflation rate in 2021.