manufacturing helping to weather health crisis

Manufacturing helping to weather health crisis

Despite receiving a heavy toll caused by the health crisis, the Vietnamese economy is expected to keep its highest economic growth in Asia this year thanks in part to its surging manufacturing industry led by foreign direct investment driving exports forwards.
flood proof homes saving the day for central coast families

Flood-proof homes saving the day for central coast families

With the country facing the sea in the east, half of Vietnam’s population of nearly 100 million in coastal provinces and cities are often attacked by natural disasters annually smashing down hundreds of thousands of houses. In the context that many poor households are dwelling in shabby shelters, there has been a strong need for safe homes.    
mitigating crisis crucial for intra asean trade activities

Mitigating crisis crucial for intra-ASEAN trade activities

Along with the signing of the Regional Comprehensive Economic Partnership, ASEAN as chaired by Vietnam is calling for more intra-investment and foreign direct investment into the region, in an aim to make the bloc more affluent, with Vietnam surging to become a bright spot for funding.
budget rise to cushion countrys growth hopes

Budget rise to cushion country’s growth hopes

With an expected economic growth rate of 2-3 per cent this year, the National Assembly has decided on a rise in budget deficit in order to ensure state budget spending, amid enterprise revenues being hit by the health crisis.
storm hit families grasping the knowledge to overcome

Storm-hit families grasping the knowledge to overcome

Extreme weather is challenging ordinary Vietnamese people, with many failing to know how to fully protect themselves from natural disasters. However, a far-reaching internationally-backed initiative has become increasingly popular among some localities nationwide as it provides them with community-based disaster risk management skills.
curbed inflation eases concerns

Curbed inflation eases concerns

The big rise in public investment disbursement will not cause high inflation this year due to a decline in public and business demand and oil price, as well as government efforts to stabilise prices.
raising growth via public investment

Raising growth via public investment

The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.
new tech to bolster asean e trade

New tech to bolster ASEAN e-trade

Vietnam as ASEAN chair this year is accelerating the application of digital technologies and administrative reforms to facilitate intra-bloc e-trade activities.
na targeting business recovery and growth

NA targeting business recovery and growth

The 10th session of the 14th National Assembly will kick off this week, with a major focus to be placed on discussing solutions to further support businesses in the context of their recovering performance despite headwinds negatively impacting on the economy’s growth.
new japanese pm cementing bonds

New Japanese PM cementing bonds

With the official visit by Prime Minister Suga Yoshihide to Vietnam taking place this week, the Southeast Asian nation is still considered a special partner of Japan in its focus on cementing ties with ASEAN.
businesses line up for further support

Businesses line up for further support

Continued facing with massive woes, the business community in Vietnam is in dire need of the government’s assistance for investors and enterprises to struggle through the global health crisis and grabbing new business and investment options in the country.
wellbeing programmes at centre of 3ms victories

Wellbeing programmes at centre of 3M’s victories

COVID-19 has been causing great negative impacts on businesses and their employees and in this landscape, company culture is a decisive factor for standing firm. Dang Thanh Thuy, HR leader at 3M Vietnam, talked to VIR’s Bich Thuy about how important corporate culture is to ensure sustainable growth.
germans ramping up vietnamese interest

Germans ramping up Vietnamese interest

Fostering development cooperation with a focus laid on renewables continues to be one of the prime priorities in the strategic partnership advancement between Vietnam and Germany.
blending welfare into pursuit of prosperity

Blending welfare into pursuit of prosperity

In its efforts to become a more affluent nation by 2035, Vietnam has made significant improvements in improving its Human Capital Index.
asean illustrates united mindset

ASEAN illustrates united mindset

Vietnam has urged ASEAN member states to extend support to the regional business community seriously hit by the global health crisis in a bid to spur on the bloc’s economy.