The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of […]
The event, intended to improve the Vietnamese business environment through a structured dialogue between the government, local and foreign firms and the donor community, attracted nearly 500 investors, according to the Vietnam Business Forum Consortium, which co-hosted the event with the Ministry of Planning and Investment and the World Bank Group.
To increase the export value of wooden products, the Vietnam Administration of Forestry said that local companies need to focus on maintaining growth in five high export markets, including the US, Japan, China, the EU, and the Republic of Korea. At the same time, they should expand market shares in a number of potential markets […]
What Vietnam needs to do to attract quality FDI after Covid-19 Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam can do to make itself more attractive to foreign investors post-Covid-19, according to VinaCapital.
This year’s event themed “Vietnam 2045” continues to strengthen the network of young Vietnamese intellectuals, create a a platform for young intellectuals at home and abroad to discuss about visions, missions, roles and capability for contribution to the building and development of the country and speeding up the global and regional integration process.
Hanoi (VNA) – Benefits generated by the EU-Vietnam Free Trade Agreement (EVFTA) and challenges to Dutch investors in Vietnam are among the topics discussed at a virtual forum on September 9. The event was jointly held by the Vietnamese Ministry of Industry and Trade (MoIT), and the Confederation of Netherlands Industry and Employers (VNO-NCW). Deputy […]
Jakarta (VNA) – Ambassador of the European Union (EU) to the Association of Southeast Asian Nations (ASEAN) Igor Driesmans has appreciated Vietnam’s efforts in hosting the 53rd ASEAN Ministers’ Meeting and related meetings amid unprecedented challenges. “Vietnam has successfully managed to host a series of important ministerial meetings this year amid unprecedented challenges,” Ambassador Driesmans […]
By 2015, NFIS set targets to have at least 80 per cent of adults having bank accounts or accounts with other authorised organisations, at least 20 branches and transaction offices of commercial banks per 100,000 adults, at least 50 per cent of the total number of communes that have financial service points, at least 25 […]
Addressing the event, Deputy Prime Minister and Foreign Minister Phạm Bình Minh emphasised that the ARF needs and is able to further promote its role and contributions, especially in maintaining dialogue and cooperation, strengthening mutual trust and mutual understanding and coordination of policies and actions to actively and effectively respond to existing and emerging challenges, […]
In the article, Ngân wrote that 2020 held significant meaning for Việt Nam as the country had assumed three important positions: a non-permanent member of the United Nations Security Council, ASEAN Chair, and Chair of the ASEAN Inter-Parliamentary Assembly. These all created favourable conditions for Việt Nam to continue to reaffirm its role and international standing, but also demanded […]