6 ngày trước
After over one year of entry into force, the EU-Vietnam Free Trade Agreement has enabled Vietnam to attract more investments from the EU and expand trade with this bloc’s member markets.
In a bid to help the country recover after the economy grew at a very low level in the third quarter, a huge financial support package is to be offered to enterprises whose performance is a backbone of economic growth.
Prolonged social distancing in many localities have led to lower-than-expected economic growth for the first nine months, but with the accelerated vaccine rollout, the economy is expected to gain growth momentum soon.
Vietnam and the United States are boosting investment ties in addition to furthering cooperation on COVID-19 vaccines, giving new momentum to their comprehensive partnership in a new landscape.
In the context of today’s issues and Industry 4.0 rolling out globally, low investment in technological innovation and human resources development is undermining the competitiveness of Vietnam’s economy and businesses.
Domestic production has been hit hard this year, with numerous enterprises facing greater woes and leaving the market. However, the situation could be eased by a new special taskforce established by the prime minister.
Vietnam, with its strong IT development, has urged regional countries to boost the application of digital technologies to fight both the health crisis and revive economic activities in the region.
To help achieve its desired economic growth target, the National Assembly Standing Committee is expected to sign off on a new fiscal initiative that will aim to benefit the business community and individuals. However, exactly how this scheme will spur on domestic production remains in question.
Locally-invested TH Group is offering assistance to nurses and doctors in areas hit by the COVID-19 pandemic.
Vietnam has confirmed its leadership for the 2021-2026 tenure, laying a firm foundation for the country to move ahead and flourish over the next five years and beyond.
After some positive results through Vietnam’s public investment disbursement over the past half-decade, the National Assembly at the end of this week is set to decide on capital as public investment until 2025, meaning Vietnam will have big resources for boosting economic growth backed by a series of large-scale projects, especially in national infrastructure.
Despite lower-than-expected economic growth for the first half of the year, the government has yet to propose a plan to the National Assembly to adjust the growth target for the whole year, while pinning high hopes on global economic recovery backed by big stimulus packages expected to have a positive impact on the Vietnamese economy.
The country’s economic growth in the first half of the year is expected to remain lower than expected due to the pandemic affecting production and business. However, whether the economy can ensure its growth target for the whole year remains in question, with some international forecasts still proving upbeat.
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?
As part of its tasks this month as president of the United Nations Security Council, Vietnam is boosting the partnership between the organ and regional organisations, including ASEAN, in a bid to contribute to preventing conflicts and maintaining peace and security far and wide.