steadying the economic ship

Steadying the economic ship

Despite numerous challenges making dents in all trade and investment activities, Vietnam’s economic growth quality has seen significant improvements over the past five years in general, eliciting praise from the National Assembly Standing Committee and high-profile international organisations.
smarter water planning imperative

Smarter water planning imperative

With water scarcity increasingly affecting people’s livelihood in recent years, Vietnam is being challenged to uncover solutions to ensure water security in the context of climate change and the country’s growing economic growth.
ifc and state bank of vietnam partner to promote womens leadership in banking sector

IFC and State Bank of Vietnam partner to promote women’s leadership in banking sector

In a bid to increase the number of females in leadership positions at banks, World Bank Group member IFC and the State Bank of Vietnam (SBV) are partnering to promote innovative and impactful initiatives for sustainable and inclusive economic growth.
government shows urgency in climate change battle

Government shows urgency in climate change battle

In a bid to ensure sustainable development and economic growth, the government has enacted a fresh action programme on continuing response to climate change, with new mechanisms in favour of private investment.
foreign direct investment spurs economic growth in vietnam infographics

Foreign direct investment spurs economic growth in Vietnam (Infographics)

Foreign direct investment plays an important role in Vietnam's economic growth.
singaporean economy on recovery uncertainties remain

Singaporean economy on recovery, uncertainties remain

An article published on the Singapore’s Straits Times on February 16 commented that even as Singapore's economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off.
enacting long term reforms for strong economic recovery

Enacting long-term reforms for strong economic recovery

As the global economy is still mostly struggling with the health crisis, the start in 2021 is overshadowed by the hurdles of the previous year. Nevertheless, Vietnam may regain traction in economic growth. Assoc. Prof. Dr. Pham The Anh, chief economist from the Institute for Economic and Policy Research under Hanoi National University’s Economics University looks back on 2020 and gives an outlook for the new year.
forestalling impending deflation risk

Forestalling impending deflation risk

After a year when inflation was nosediving to threaten a dip below the zero mark by the end of 2020, several Ministry of Finance experts agree that stimulus measures are necessary to turn the curve around and achieve healthy socioeconomic growth with a stable inflation rate in 2021.
public investment will focus on key projects minister

Public investment will focus on key projects: Minister

Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said.
simplifying administrative procedures for economic growth

Simplifying administrative procedures for economic growth

In the context of the pandemic, reforming administrative procedures is necessary to encourage businesses to approach the market and contribute to economic growth.
hanwha investment securities penetrates in to vietnams stock market

Hanwha Investment & Securities penetrates in to Vietnam's stock market

Hanwha Investment & Securities has raised capital in Pinetree Securities Corporation in order to penetrate the Vietnamese stock market to ride the waves of the strong economic growth forecast for the country.
thailand adopts strategic plan on bio circular and green economy

Thailand adopts strategic plan on bio, circular and green economy

The Government of Thailand has adopted a strategic plan on the bio, circular and green (BCG) economy to drive economic growth from 2021 to 2026.
annual targets for 2021 tough but achievable

Annual targets for 2021 tough but achievable

The rate of public investment disbursement in 2020 was the highest in the last five years, contributing to enhancing economic growth and enabling Vietnam to be one of the highest-growth economies worldwide. With the government now enacting two resolutions on spurring economic growth and improving the local business climate, Deputy Minister of Planning and Investment Tran Quoc Phuong told VIR’s Nguyen Huong about the role of public investment in 2020 for the economy to move forward.
high hopes for 2021 as gdp goals defined

High hopes for 2021 as GDP goals defined

Despite the difficulties the pandemic and the global recession have imposed on Vietnam’s economic growth, the country’s government is determined to follow its plan of raising GDP growth well above the 6 per cent marker in 2021, thereby laying the foundation for even higher growth rates in the next few years.
clean coal technologies inevitable trend in asean

Clean coal technologies: Inevitable trend in ASEAN

Amid rising coal-related environmental problems, clean coal technologies are emerging as the optimal solution to ensure economic growth and sustainable development. Michelle Manook, chief executive of the World Coal Association, and Dr. Nuki Agya Utama, executive director of the ASEAN Centre for Energy, talked to VIR’s Bich Thuy about how clean coal technologies bring benefits to ASEAN member states.