VOV.VN - Vietnam defines science, technology and innovation as the driving force for economic growth and sustainable development, said Minister of Science and Technology Chu Ngoc Anh at an open forum within the framework of the World Economic Forum on ASEAN (WEF ASEAN) opened in Hanoi on September 11.
Economists in Africa have suggested that Vietnamese firms need to actively navigate African markets, including Ethiopia and Egypt, which are willing to welcome them to do business.
Credit growth in the first eight months of this year rose by 8.18% over the end of last year, the lowest level since 2015, a report from the Ministry of Planning and Investment showed.
Prime Minister Nguyen Xuan Phuc has said that among 12 targets assigned by the National Assembly (NA) this year, eight are likely to be surpassed and the four others to be met.
The Government’s Economic Advisory Group should work to analyse internal and external difficulties to propose rational mechanisms for the nation’s sustainable economic growth, said Prime Minister Nguyen Xuan Phuc.
A contest for making infographic and video clips, and translating the “Resilience” term into Vietnamese was launched at a press conference held by the Ho Chi Minh Communist Youth Union (HCYU) Central Committee and the French Development Agency (AFD) in Hanoi on August 22.
Business conditions related to the establishment and operation of joint stock commercial banks and non-bank credit institutions in Vietnam will be eased under a draft circular from the State Bank of Vietnam (SBV).
Ongoing and upcoming road projects will be the primary drivers of growth in Vietnam’s transport infrastructure sector, Fitch Group said.
Financial institutions and research organisations at home and abroad have shown their optimism about Vietnam’s economic growth in the second half of 2018 and the whole year.
The retail sector plays a core role in Ho Chi Minh City’s economic growth, heard a workshop held recently by the municipal Department of Industry and Trade to discuss building a list of key trade and service products.
Driving forces for Vietnam’s economic growth need to be maintained not only in 2018, but also in the years to come, Prime Minister Nguyen Xuan Phuc said at the Government’s regular meeting on August 1.
The profitability of Vietnamese banks is strengthening as robust economic growth fuels credit demand and supports an improvement in asset quality, but challenges are also apparent, Moody’s Investors Service said in a recent report.
Experts forecast that the Vietnamese economy will grow by more than 6.8 percent in the last half of this year at the Forbes Vietnam Business Forum 2018 held in Ho Chi Minh City on July 26.
Authorities of Laos’ Sekong province organised an investment and tourism promotion conference in Tam Ky city of the Vietnamese central province of Quang Nam on July 26.
Hanoi has reportedly undergone considerable changes in its economic growth, appearance and infrastructure a decade on from the administrative boundary expansion.
Chief negotiators of the 11 countries involved in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on July 18 met in Kanagawa prefecture of Japan to accelerate the completion of domestic procedures so that the deal will come into effect soon.
VOV.VN - In the first half of the year, Vietnam’s economy recorded impressive growth in comparison with previous years. The result is partly due to the government’s drastic measures to attain the year’s targets.
Vietnam’s impressive fruit export revenue in the first half of this year adds little value to the country’s economic growth as most of the shipment were re-exports of produce from Thailand.
VOV.VN - The country’s exports are estimated to have reached US$113.93 billion during the first half of 2018, a year-on-year rise of 16%, according to the General Statistics Office of Vietnam (GSO).
Manufacturing and processing sector grew by 13.02% in the first half of 2018, the highest in seven years, contributing 2.63 percentage points to the country’s economic growth, said Director General of the General Statistics Office (GSO) Nguyen Bich Lam.