resiliency pointing to positive growth outlook

Resiliency pointing to positive growth outlook

Despite the pandemic, a gradual bounce in production and confidence of businesses is expected to continue driving the economy to a brighter outlook next year.
resilient homes rescue those in storm and flood hit areas

Resilient homes rescue those in storm- and flood-hit areas

An increase in extreme weather events is posing great hardships to many Vietnamese people in the south-central province of Quang Ngai, with many witnessing their homes being destroyed beyond repair by storms and floods. However, one initiative continues to transform lives for the better with the creation of resilient homes for many of those affected.
reforms to cut unwanted administrative processes

Reforms to cut unwanted administrative processes

In a bid to boost institutional reforms towards a modern market economy, further abolishing and reducing business regulations to create a bigger space for the private sector to develop will serve as a new driving force for Vietnam to improve its competitiveness.
export prospects rise though forestry decree

Export prospects rise though forestry decree

With the EU being among the largest importers of Vietnam’s timber products, a fresh decree on legal assurance has marked an important step towards the full implementation of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement between Vietnam and the EU.
export turnover lends country further surplus in spite of snags

Export turnover lends country further surplus in spite of snags

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see a surplus in current account this year thanks to a possible rise in export turnover.
government pushing forward with post pandemic activities

Government pushing forward with post-pandemic activities

Despite the aftermath of the global health crisis in Vietnam, an optimistic growth scenario is formulated for the next year, with proposals for heavy investment in infrastructure and practical support for the private sector to drive the economy forward and create more employment.
ushering in prestige for the vietnamese milk industry

Ushering in prestige for the Vietnamese milk industry

With her dream of producing the best milk for Vietnamese people, Thai Huong – general director of privately-owned BAC A BANK and founder of TH Group – succeeded in building one of Asia’s largest dairy cow and fresh milk production farms within only a few years, helping to change the nature of Vietnam’s dairy industry and bringing fresh products to the wider world.
cargill dedicated to developing talent and social responsibility

Cargill dedicated to developing talent and social responsibility

US-backed Cargill has been performing effectively in Vietnam for 25 years. Nguyen Ba Luan, Vietnam country president of Cargill, talked with VIR’s Thanh Dat about how the group has been investing in the country, and achieving several milestones spanning across business and community enrichment.
enterprises reach out for assistance

Enterprises reach out for assistance

Facing massive difficulties, many enterprises suffering from stalled production are waiting for government-led policies to go further into the business community, making it more favourable to boost economic growth.
leveraging siemens solutions to ensure evfta success

Leveraging Siemens solutions to ensure EVFTA success

The entry into force of the EU-Vietnam Free Trade Agreement on August 1 is opening massive opportunities for EU businesses in Vietnam. Pham Thai Lai, president and CEO of Siemens ASEAN and Vietnam, talked with VIR’s Thanh Dat about how the deal can impact Vietnam’s economy and how enterprises can grab new bonanzas.
vietnam takes the lead in aseans digital evolution

Vietnam takes the lead in ASEAN’s digital evolution

With its great potential in IT, Vietnam as ASEAN chair has been making efforts together with other member states in boosting the application of high technologies to adapt to the Fourth Industrial Revolution, which is sweeping regionwide.
getting legal framework up to speed with evfta

Getting legal framework up to speed with EVFTA

With the EU-Vietnam Free Trade Agreement coming into force, Vietnam’s investment and trade ties with the European Union are expected to receive a new boost. However, materialising these expectations depends largely on the success of the country’s efforts to accelerate regulatory reforms.
shaping the energy for tomorrow

Shaping the energy for tomorrow

On July 9, the spin-off of Siemens’ energy business to Siemens Energy was officially approved.  Dr. Pham Quang Vinh, managing director of Siemens Energy Ltd., talked with VIR’s Thanh Dat about the major strategies of the company for the future, and its upcoming plans for Vietnam.
countrys e government initiatives showing worth

Country’s e-government initiatives showing worth

Vietnam’s efforts to develop a pro-business e-government have earned applause from the international community, especially amid a surge in the pandemic hurting economic growth.
caution vital for economic resurgence

Caution vital for economic resurgence

Vietnam’s economy grew 1.81 per cent in the first half of 2020. Nguyen Minh Cuong, principal country economist from the Asian Development Bank, talked with VIR’s Thanh Dat about the country’s economic performance and prospects for this year.