molisa thrashes out latest labour bailout proposals

MoLISA thrashes out latest labour bailout proposals

As both employers and employees suffer under the global health crisis, issuing new bailout packages is considered an urgent requirement to not only support their operations and livelihoods but also spur economic growth in the long run.
tra vinh focusing on economic growth

Tra Vinh focusing on economic growth

Despite the adverse impacts this year, the Mekong Delta province of Tra Vinh has posted laudable achievements across the board so far in 2021, leveraging strong commitment of its leaders, the business community, and local people in carrying out the aims of containing the pandemic and beefing up economic growth.
positive factors in place for economic growth in 2021

Positive factors in place for economic growth in 2021

The country’s economic growth in the first half of the year is expected to remain lower than expected due to the pandemic affecting production and business. However, whether the economy can ensure its growth target for the whole year remains in question, with some international forecasts still proving upbeat.
government devises next aid package

Government devises next aid package

The government will soon promulgate a new financial and technical solution aimed to assisting domestic production and business activities in order to recover economic growth.
vietnam capable of achieving twin targets adb country director

Vietnam capable of achieving twin targets: ADB Country Director

Vietnam has sufficient conditions to achieve the twin targets of curbing the COVID-19 pandemic and securing economic growth in 2021, according to Country Director of the Asian Development Bank (ADB) Andrew Jeffries.
fair competition and sustainable economic development for smes

Fair competition and sustainable economic development for SMEs

It is widely recognised that the decisive and tireless efforts to control the pandemic by the Vietnamese government and people have realised the uninterrupted economic growth of Vietnam.
transitioning from recovery to growth

Transitioning from recovery to growth

Production activities in Vietnam are on the rise, promising to further spur on economic growth. Andrew Jeffries, country director for Vietnam of the Asian Development Bank, talked with VIR’s Thanh Thu about the economy’s outlook this year, and proposed solutions.
british expert positive about vietnams growth prospect in 2021

British expert positive about Vietnam’s growth prospect in 2021

Kenneth Atkinson, a board member of the British Chamber of Commerce Vietnam (BritCham Vietnam), told German news agency DW that he remains positive about Vietnam's overall economic growth in 2021.
uncorking bottlenecks for infrastructure development

Uncorking bottlenecks for infrastructure development 

The Vietnamese government tries to speed up public investments while increasing the private sector’s involvement, focusing on infrastructure projects that are meant to stimulate growth, improve connectivity, and spur on socioeconomic growth.
wide ranging support ahead for economy

Wide-ranging support ahead for economy

To spur on local production and achieve its desired economic growth goal, Vietnam is to enact new financial solutions aimed to assist the business community. However, will the schemes affect the state budget picture, which earned a surplus in the first quarter of this year?
industrial production lends stability amid disruption

Industrial production lends stability amid disruption

Despite massive difficulties due to the health crisis causing disarray in supply chains, local industrial production is bouncing back thanks in part to a rise in trade, promising a brighter picture for economic growth.
establishing more focused inspections in business sphere

Establishing more focused inspections in business sphere

Vietnam has made improvements in specialised inspection procedures to increase business facilitation. However, challenges remain in the enforcement of new free trade agreements. Greg Leon, director of the Economic Growth Office at USAID Vietnam, discussed with VIR’s Minh Anh the best practices of countries in dealing with these inspection issues.
foreign investors will soon return to vietnams stock market hsbc

Foreign investors will soon return to Vietnam's stock market: HSBC

Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
methods to achieve growth in tandem with energy goals

Methods to achieve growth in tandem with energy goals

As Vietnam’s economy is experiencing significant growth, so is its demand for energy consumption. The industrial sector, followed by the transport one, requires the highest growth rate and in fact also consumes the largest amount of energy. Energy efficiency, among others, is an integral part of reaching economic growth with the lowest possible amount of CO2 emissions.
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.