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.
collective wage talks key to aiding growth

Collective wage talks key to aiding growth

Proposals are being looked at to change the timeframe of when wage rises are implemented on an annual basis. International Labour Organization Vietnam director Chang-Hee Lee talked to VIR’s Ha Thu about how the voices of workers can be better heard to help create a driving force to expand the domestic market and promote economic growth.
adb forcasts vietnams economic growth to rebound to 67 per cent this year

ADB forcasts Vietnam’s economic growth to rebound to 6.7 per cent this year

Vietnam’s economic growth is expected to rebound to 6.7 per cent this year despite the recent resurgence of the COVID-19 pandemic in nearby countries and rise to 7 per cent in 2022, according to a new report from the Asian Development Bank (ADB).
positive growth revisions on the cards after resilient q1

Positive growth revisions on the cards after resilient Q1

With its relatively good economic growth in the first quarter driven by surging manufacturing and processing activities and strong control of COVID-19, Vietnam has earned more praise from high-profile international organisations that are expected to revise up the country’s growth outlook this year.
first quarter growth fairly impressive

First-quarter growth fairly impressive

Although economic growth in this first quarter was slower than the scenario set out in Resolution No. 01/NQ-CP dated January 01, 2021, Pham The Anh, chief economist from the Vietnam Institute for Economic and Policy Research under Hanoi National University’s University of Economics and Business, shares why this growth was truly encouraging.
economy growing strongly on back of covid 19 endgame

Economy growing strongly on back of COVID-19 endgame

Efforts to boost business and production fuelled by the gradual use of COVID-19 vaccines have helped recover the country’s economic growth, driven largely by the manufacturing and processing activities.