inspection teams tackle public investment pace

Inspection teams tackle public investment pace

The prime minister’s newly-established  inspection groups aimed to boost public investment disbursement are expected to further economic growth, and curb waste of state assets and corruption at state-funded projects.
ministry of planning and investment reviews performance in h1

Ministry of Planning and Investment reviews performance in H1

The Ministry of Planning and Investment (MPI) held a teleconference in Hanoi on July 28 to review its six-month performance and outline tasks for the remaining months of this year.
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.
ho chi minh city proposes pm to bring breakthrough to key projects

Ho Chi Minh City proposes PM to bring breakthrough to key projects

Despite outstanding disbursement of public investment among Vietnam's localities, Ho Chi Minh City has encountered many difficulties that need to be resolved to accelerate the disbursement of public investment and contribute to recovering economic growth post-COVID-19.
reaching fair and functional taxation

Reaching fair and functional taxation

Over the past 30 years, Vietnam has transformed from one of the poorest countries in the world to an advanced middle-income economy. Rapid economic growth, sustained at rates amongst the highest in the world, has lifted millions out of poverty. An important element in this growth has been the integration of Vietnam into the global economy and an attractive destination for foreign investment. With this dynamism have come new challenges, including ensuring multinational enterprises and other foreign investors pay their fair share of taxes in Vietnam.
economic recovery faces uphill battle

Economic recovery faces uphill battle

The aftermath of the global health crisis may drive Vietnam to a lower-than-expected economic growth landscape, challenging the government’s efforts to revive the economy and restore production.
improving efficiencies of using energy in high rise buildings

Improving efficiencies of using energy in high-rise buildings

With rapid economic growth in recent years and achievements in economic development and urbanisation, Vietnam and other countries around the world are facing many challenges in their development process, especially when it comes to the use of fossil energy resources, increased greenhouse gas emissions, and environmental pollution.
vietnam could resume pre covid 19 growth levels by next year mckinsey company

Vietnam could resume pre-COVID-19 growth levels by next year: McKinsey & Company

Vietnam could resume pre-COVID-19 growth levels by next year although the pandemic threw a spanner in the works for the country’s thriving economic growth story, McKinsey & Company said in report published on Consultancy.asia.
oxford economics forecast vietnams gdp to grow 23 percent in 2020

Oxford Economics forecast Vietnam’s GDP to grow 2.3 percent in 2020

Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3 percent this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report.
nations economy not in safe haven just yet

Nation’s economy not in safe haven just yet

The unpredictable aftermath of the global health crisis affecting the entire economy has prompted the government to pursue lower-than-planned economic growth for this year, featured by slackness in exports and production.
further support enacted for strained enterprises

Further support enacted for strained enterprises

With the economy growing at the lowest six-month rate since 2011, the government is quickening practical support for enterprises to soon bring them out of difficulties as part of an effective measure to spur on economic growth for the whole year.
business bemoans support conditions

Business bemoans support conditions

Amid numerous difficulties, slow-paced implementation of government-led policies to assist enterprises hit by the health crisis are leaving many businesses in the lurch, making it hard to boost local production, a key driver of  economic growth.
adb believes vietnams 2020 growth will still be highest in southeast asia

ADB believes Vietnam’s 2020 growth will still be highest in Southeast Asia

The Asian Development Bank (ADB) recently forecast that Vietnam’s economic growth this year would be 4.1 percent, 0.7 percentage points lower than its April estimate but still the highest expected in Southeast Asia.
efficiency focus placed in selection of energy intensive enterprises

Efficiency focus placed in selection of energy-intensive enterprises

Vietnam’s development over the last 10 years has been characterised by strong economic growth with an average growth rate of 5-7 per cent. With energy consumption growing about twice as fast in recent years, the Vietnamese government is currently facing major challenges.
the river star of thu thiems luxury apartment sector

The River - Star of Thu Thiem’s luxury apartment sector

The first half of 2020 saw positive economic growth in Vietnam despite general worldwide distress. Among the country’s hottest areas, Ho Chi Minh City’s Thu Thiem perhaps fared even better than the rest. From infrastructure improvements to the introduction of luxurious new residential projects, the metropolis’ new central business district has caught the eye of owners and investors alike.