New requirements to shore up personal data protection
By Huu Phuc
May 19, 2023 | 11:00
The forthcoming legal framework on personal data protection means all domestic and foreign organisations processing personal information must handle sensitive individual personal information in a proper manner.
PDP legislation changing the game in data processing
By Eunjung Han
May 19, 2023 | 08:00
Decree No.13/2023/ND-CP on personal data protection was issued on April 17 with an effective date of July 1. Its significance is great as it is Vietnam’s first attempt to consolidate data protection regulations into a single piece of legislation and an effort to build a framework in line with international standards.
The pitfalls in luring new investment from overseas
By Nguyen Viet Ha
May 18, 2023 | 16:08
With more than 36,000 projects implemented, over $442 billion invested, and millions of jobs created, foreign investment has made a significant contribution to the impressive socioeconomic development of Vietnam over the past three decades.
Progress clear on Vietnam’s trade path
By Prof. Dr. Andreas Stoffers
May 18, 2023 | 15:57
After more than two decades of robust growth, Vietnam has again shown an exceptionally strong economic development in the past year. In the last 10 years, the volume of trade with the European Union has increased 2.3 times, and the EU is now Vietnam’s third-largest trading partner.
The transition to an emerging market
By Kenneth Atkinson
May 18, 2023 | 15:34
The first and most significant event in Vietnam’s economic reform policy was the passing of the Law on Foreign Investment in 1987. It was significant as it concretised the Party’s decision to develop the country through opening to foreign investment and moving to a market economy.
Flexibility desired for infrastructure
By Le Luu
May 18, 2023 | 11:19
Governments from diverse corners of the world have harnessed the potential of foreign investment to propel their own infrastructure ambitions.
MoFA accelerating efforts in promoting the halal industry
By Thanh Dat
May 17, 2023 | 09:00
Vietnam is now developing its halal industry, which boasts great potential. Deputy Minister of Foreign Affairs Pham Quang Hieu spoke to VIR’s Thanh Dat about how the industry will be fostered, and how opportunities for businesses will be realised.
All measures on table to amplify UK-Vietnam trade
By Nguyen Canh Cuong
May 16, 2023 | 20:00
During the past 50 years, the economic cooperation between Vietnam and the UK has increased and made great contributions to the socioeconomic development of both countries.
Order reductions continue to hinder various sectors
By Khoi Nguyen
May 16, 2023 | 11:19
Vietnam’s industrial performance faces a reduction in export demand and other hurdles that are undermining the country’s economic outlook.
Measures needed to sustain FDI growth trend: expert
By VNA
May 11, 2023 | 10:16
Foreign investors still put their trust in the Vietnamese economy, but it is important to take measures for sustaining the upward trend in foreign direct investment (FDI), an expert has said.
Amplifying EVFTA’s origin compliance
By Nguyen Huu Nam
May 10, 2023 | 17:00
The European Union has been one of Vietnam’s key trading partners since the early days of Vietnam’s economic reform period. The partnership marked a significant milestone in the history of its bilateral cooperation as the EU-Vietnam Free Trade Agreement (EVFTA) entered into effect in August 2020.
Is Vietnam missing out on foreign indirect investment?
By Kent Wong
May 10, 2023 | 15:00
Vietnam’s legal framework and management mechanism related to foreign indirect investment have gradually developed to contribute to the completion and stabilisation of capital and financial markets.
Aspects to maintain investment edge
By Samuel Son-Tung Vu and Hai Anh Pham
May 10, 2023 | 11:18
Foreign projects in operation have made great contributions to the development of Vietnam’s economy and society.
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