developing from strength to strength

Developing from strength to strength

Since June 2017 when Resolution No.10-NQ/TW of the fifth plenary of the 12th Party Central Committee was issued, defining the private sector as an important impetus of the Vietnamese economy, local privately-owned enterprises have been developing from strength to strength, making major contributions to the country’s economic growth. Thanh Dat reports.
private companies at helm in tourism

Private companies at helm in tourism

Vietnam is continuously hastening efforts to improve the business climate to create favourable conditions for the private sector in the tourism industry to play its role as a driver of rapid and sustainable economic growth. 
world bank forecasts vietnams economy to grow by 66 pct in 2019

World Bank forecasts Vietnam’s economy to grow by 6.6 pct in 2019

The World Bank predicts Vietnam’s economic growth rate would reach 6.6 percent in 2019 in its Managing Headwinds report released on April 24.
cptpp adding legal layers to foreign investment protection

CPTPP adding legal layers to foreign investment protection

Investment is a key driving force for economic growth and competitiveness as it spurs innovation, creates jobs, and connects investors to global value chains. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) provides a strong, rules-based framework through which to grow investment relations with key Asia-Pacific economies. Quan Phan, senior associate of ACSV Legal Vietnam, outlines how the CPTPP benefits investors, and the terms and conditions to ensure that investment procedures will be easier and more transparent for foreign investors.
abb to showcase latest innovations

ABB to showcase latest innovations

Economic growth and increased levels of consumer demand are some of the ­factors stimulating development within the domestic ­printing and packing industry. With that in mind, robotics multinational ABB will be one of the key headliners facing these factors head-on at this week’s ProPak Vietnam 2019 event.
propak vietnam 2019 staying abreast of packaging trends

Propak Vietnam 2019: Staying abreast of packaging trends

Economic growth and increasing consumer demands are some of the factors stimulating the development of the domestic printing and packing industry.
2019 the year of choices for aseans bond markets

2019 – the year of choices for ASEAN’s bond markets

If January developments are any to go by, 2019 looks to be a year of heightened volatility with risk themes across rates, trade, and general economic growth continuing to ebb and flow in the global financial markets. But rather than playing it safe, the availability of choices will be the bond market’s new best friend in this fluid environment.
binh duong open for investment

Binh Duong open for investment

To reach the targets for economic growth for the 2016 – 20 period, the southern province of Binh Duong will focus on eight major works this year to encourage new investment.
vietnam eyes private investment in infrastructure projects

Vietnam eyes private investment in infrastructure projects

Vietnam will focus on attracting private investment in infrastructure to accelerate economic growth, Deputy Minister of Planning and Investment Vu Dai Thang said at the Vietnam Economic Forum (VEF), which opened Wednesday in Hanoi.
hanoi targets 74 76pc economic growth for 2019

Hanoi targets 7.4-7.6pc economic growth for 2019

The Hanoi People’s Committee has set 22 targets for socio-economic development in 2019, focusing on State budget restructuring, improvement of its investment and business environment and promotion of the innovation and startup ecosystem.
japanese firms see vietnam as top investment destination in asia

Japanese firms see Vietnam as top investment destination in Asia

Japanese firms consider Vietnam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018.
agriculture new engine for growth

Agriculture: new engine for growth

With strong growth spurred on by rising investments and exports, the high-tech agro-forestry-fishery sector has, for the first time, been officially considered as one of the key propellants of national economic growth in 2019. However, businesses are awaiting new incentives. Thanh Thu reports.
sustaining economic growth

Sustaining economic growth

With its unceasing efforts, the Vietnamese government has made significant achievements in economic growth. Do Thien Anh Tuan, economist from Fulbright University Vietnam, writes about the significance of these fruits, with some words of wisdom for further growth.
european stocks retreat in face of fed rate hike

European stocks retreat in face of Fed rate hike

European stock markets slumped on Thursday (Dec 20) as investors were seized by fears that the US Federal Reserve hiking interest rates could choke economic growth.
putin says west trying to hold back powerful russia

Putin says West trying to 'hold back' powerful Russia

President Vladimir Putin on Thursday (Dec 20) said the West was threatened by an increasingly powerful Russia, as he promised further economic growth during an end-of-year press conference.