vietnams economy to rebound soon

Vietnam's economy to rebound soon

Vietnam’s economy contracted 6.17 per cent in the third quarter this year, the most critical drop since 2000, when Vietnam's quarterly growth statistics were first published. Le Trung Hieu, general director of the System of National Accounts under the General Statistics Office shared why he remains optimistic about the country’s growth prospects.
resolution 68 efficient support for firms in covid 19 times

Resolution 68: efficient support for firms in COVID-19 times

Nguyen Thi Thanh Mai, deputy director of the Population and Labour Statistics Department under the General Statistics Office, takes a look at the results of the first bailout package supporting people and firms hit by COVID-19, and discusses how to enhance the efficiency of the next one.
taking radical measures for highest possible gdp growth

Taking radical measures for highest possible GDP growth

Le Trung Hieu, director general of the System of National Accounts Department under the General Statistics Office, highlights the need to take radical measures for optimal GDP growth amid the current COVID-19 complications.
evfta to have active impacts on budget revenue

EVFTA to have active impacts on budget revenue

Vietnam will have to curtail 48.5 per cent of import tariff lines from the EU right after the EU-Vietnam Free Trade Agreement takes effect. Ha Duy Tung, deputy head of the Department of International Co-operation under the Ministry of Finance, explains to VIR's Manh Bon why the landmark deal would have a positive impact on budget revenue.
intra industry productivity rise essential to boost efficiency

Intra-industry productivity rise essential to boost efficiency

Vietnam’s labour productivity remains low, making it difficult for firms to perform. Nguyen Bich Lam, general director of the General Statistics Office, talked with VIR’s Manh Bon about what is needed to foster a competitive labour force in the country.
patience required in public funding process

Patience required in public funding process

While Vietnam attempts to boost public funding in service of socio-economic development, disbursement of this type of capital however remains slow. Nguyen Duc Kien, deputy chairman of the National Assembly’s Economic Committee, talked with VIR’s Manh Bon about the issue.  
evaluating the influence of us china strains

Evaluating the influence of US-China strains

After raising tariffs to 25 per cent on $200 billion worth of Chinese imports last week, the United States is considering inflicting tariffs on a further $325 billion of their trade rival’s products. Economist Can Van Luc talked with VIR about the possible impacts on the Vietnamese economy from any steps the major powers decide to take next.
clear tax policies on ma transactions now in place

Clear tax policies on M&A transactions now in place

Tax management for mergers and acquisitions activities has recently drawn a great deal of attention from the public. Nguyen Van Phung, director of the Department of Tax Administration at Large Enterprises under the General Department of Taxation, told Manh Bon about the major points of the current tax law governing these transactions.
99 years land use term proposed to charm investors to saezs

99 years' land-use term proposed to charm investors to SAEZs

While the proposal to extend the land use duration for investors at special administrative-economic zones (SAEZs) to a maximum of 70 years did not enjoy widespread support, Tran Quang Chieu, standing member of the National Assembly Finance and Budget Committee, explains why he went a step further and proposed a maximum of 99 years.
saezs to spur national development

SAEZs to spur national development

The National Assembly’s Standing Committee has just delivered the last-round comments to the Draft Special Administrative Economic Zone Law (SAEZ) before it will be submitted to the National Assembly’s upcoming fifth session in late May. Hoang Van Cuong, member of the NA Economic Committee elaborates on what we must do to avail ourselves of SAEZ advantages for national development.
bot difficulties at north south expressway

BOT difficulties at North-South Expressway

In 2017-2020 Vietnam will construct the eastern section of the North-South Expressway. According to PhD Bui Duc Thu, member of the Standing Committee of the National Assembly, the country needs a mechanism or policy to mobilize VND63.7 trillion ($2.8 billion) of private capital for this VND118.7-trillion ($5.23-billion) project.
advantages and pitfalls of decentralised saez governance

Advantages and pitfalls of decentralised SAEZ governance

At its next session, the National Assembly’s (NA) Standing Committee will continue discussing the Draft Law on Special Administrative-Economic Zones (SAEZs), focusing on the organisation of SAEZ governance. PhD Hoang Van Cuong, member of the NA’s Committee on Economic Affairs, talks in favour of sharply decentralised governance for SAEZs.
positive equitisation and divestment outlook in 2018

Positive equitisation and divestment outlook in 2018

Regarded as a fruitful year for the Vietnamese stock market, 2017 also saw great strides in the restructuring of state-owned enterprises through equitisation and divestment. Dang Quyet Tien, director general of the Department of Corporate Finance, spoke with VIR's Manh Bon about the results of the year’s equitisation and divestment deals as well as the new targets for 2018. 
export turnover hits record 21377 billion

Export turnover hits record $213.77 billion

Vietnam’s total export turnover was estimated at $213.77 billion in 2017, increasing by more than 21 per cent compared to 2016—the highest increase over the last years. Nguyen Bich Lam, director general of the General Statistics Office (GSO) said that the Vietnamese economy had a miraculous performance in 2017.
tech law eyes industry 40s dark side

Tech law eyes Industry 4.0’s dark side

Phung Duc Tien, Deputy Chairman of the National Assembly Committee on Science, Technology, and Environment, sheds some light on how to prevent Vietnam from becoming a dumping ground for the world’s obsolete technology and equipment, as well as sharing some new points in the amended Law on Technology Transfer that will come into force in July of next year. Manh Bon reports.