The US is considering the recognition of Vietnam as a market economy, which means that Vietnamese goods entering the US would avoid many risks caused by trade barriers.
Vietnam is cooperating with Japan on new schemes of official development assistance. Sugano Yuichi, chief representative at the Japan International Cooperation Agency (JICA) in Vietnam, spoke with VIR’s Thanh Dat about how these ties will be implemented in 2024 and beyond.
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Vietnam and the US are beginning to materialise their comprehensive strategic partnership, with economic security cooperation prioritised, particularly in the semiconductor and supply chain ties.
Vietnam and the World Economic Forum are boosting cooperation in innovation and Industry 4.0, with the former calling for more support from the latter in attracting high-quality investment.
With a recovering economy in 2023, Vietnam has earned upbeat growth projections from international organisations for this year.
To support quality of life and business activities in the first six months of this year, and to contribute to giving customers a brilliant start to 2024, Bac A Commercial Joint-Stock Bank (BAC A BANK) has launched personal credit programme incentives named “Convenient loans and financial stability.” This scheme has flexible terms for loan durations and is suitable for diverse capital use purposes.
Vietnam has reviewed its public debt status for the 2021-2023 period, while expecting to seek big loans this year to service growing expenditure demands while ensuring national financial security.
Despite the Vietnamese economy’s growth being lower than expected in 2023, it remains among the fastest growing in the region thanks to corporate confidence bouncing back.
The Le Fonti Global Awards took place in Dubai on December 14, where Thai Huong, the founder and chairwoman of TH Group’s Strategy Council, and general director of Bac A Commercial Joint-Stock Bank (BAC A BANK), was honoured under the category of 'Global Sustainable Development'.
With two-year entry into force of a major regional trade deal, further investment and trade cooperation is expected with an additional plan on membership expansion.
BAC A BANK is to carry out a special short-term interest rate incentive scheme worth VND1 trillion ($42.2 million) from now until January 31, or until when the sum has been disbursed, available to businesses from all sectors.
Vietnam’s industrial performance is looking up, with the economy forecasted to see a stronger outlook moving into next year.
Throughout this decade, the Party and state have been placing high expectations on the fundamental role of science, technology, and innovation to boost productivity, quality, efficiency, and economic competitiveness. Minister of Science and Technology HUYNH THANH DAT explains the progress so far and what is ahead for the nation in this regard.
Vietnam is seeking to forge new agreements with Turkey and the United Arab Emirates to help boost investment and trade opportunities.