Vietnam’s generally effective control of the health crisis and improvement of the investment and business climate have further strengthened the confidence of investors in the country.
While urging the whole of Asia to stay united to fight the pandemic and boost reforms, Vietnam is calling for more international investment in a wide range of sectors which will help drive the economy forward.
Highly-qualified deputies are expected for the 15th National Assembly and all-level people’s councils for the 2021-2026 tenure which will help create a new foundation for the country to successfully implement its socioeconomic development plan towards 2025.
With the gradual recovery in the confidence of the business community in the first four months of the year, a continued support for enterprises is needed to help them stay afloat and weather the storm caused by the pandemic.
With the world collectively facing a plethora of monumental challenges, Vietnam as a UN Security Council non-permanent member and April president has demonstrated its strong commitment to remain united with the international community to solve the shared issues affecting humankind.
With its strong efforts to become a reliable and responsible member of the international community, Vietnam is actively joining UN peacekeeping operations in order to contribute to solving global issues.
With its great potential for sustainable growth, the northern province of Bac Giang is carrying out master planning focused on development of industrial zones and services sectors as key drivers to attract more funding. However, some more details would need to be clarified in the new arrangement.
The last session of the 14th National Assembly to take place this week will see the debut of new elected national leaders, laying the path for the country’s next development steps.
Being the key mainstay of the economy, the Vietnamese private sector is set to enjoy a more favourable business and investment climate, with hurdles to be removed for it to make rapid strides in supporting Vietnam to achieve the dream of becoming a developed country by 2045.
Vietnam’s newly-elected Party leadership is expected to take the country further down the road towards its ambitions of a reformed, efficient state to accompany the public and the business community.
The 13th National Party Congress is expected to set the country’s average annual growth rate of 6.5-7 per cent from now until 2025, when Vietnam may become a higher middle-income nation. To this end, restructuring public investment and state-owned enterprises will be more critical in order to create a level playing field in the economy.
Despite the health crisis, the year has elapsed with Vietnam as ASEAN chair driving the bloc forward with further trade and investment connectivity via many inked initiatives, especially the Regional Comprehensive Economic Partnership. This has helped lay the foundation for the region to materialise its vision for a more affluent ASEAN over the next five years.
Over the past 25 years in Vietnam, FrieslandCampina has placed sustainable development as one of its key pillars driving the company forwards, through its meaningful contributions to the community and the Vietnamese economy.
The recent storms causing misery in central Vietnam may have left large wounds in the lives of poor residents in the south-central province of Quang Ngai. However, many of them are able to avoid the very worst thanks to firm shelters provided through a jointly-funded special scheme.
With many businesses becoming gradually exhausted and in critical need of state support, many National Assembly members have asked the government to apply feasible solutions to lift them out of woes. What will the government do to continue assisting them in the time to come?