Nearly 10% of Vietnamese firms lack capital and money for their business, especially micro-, small- and medium-sized enterprises (MSMEs), because of the lingering COVID-19 pandemic, General Secretary of the Vietnam Chamber of Commerce and Industry (VCCI) Nguyen Quang Vinh has said.

Vietnam needs to foster rapid and sustainable digital transformation but at the same time must ensure cyber security and safety, Deputy Minister of Information and Communications Nguyen Huy Dung has emphasised.

German firms have expressed their optimism about Vietnam’s economy in both mid-and long terms in a recent survey released by the Association of German Chambers of Industry and Commerce (DIHK) on May 12.

Given its huge development potential, Khanh Hoa should focus on the sea-based economy, a senior Party official said on May 11.

With borders closed and travel restricted since early 2020, cross-border e-commerce has proved itself as a game changer, setting the scene for Vietnamese traders to climb up the global supply chain and reducing risk of disruption caused by an unprecedented crisis like COVID-19.

The Prime Minister has ordered the building of a national strategy on developing a digital economy and digital society to be completed in August.

Prime Minister Pham Minh Chinh on May 5 presided over the Government’s April meeting, which was the first meeting of the Cabinet after it completed the personnel work last month.

The Departments of Public Security in 63 provinces and cities had collected dossiers of making chip-based ID cards of 33.9 million Vietnamese citizens as of April 27, equal to 67.8% of the goal of 50 million cards to be issued before July 1.

VOV.VN - As many as 14 free trade agreements (FTAs) have come into force since the beginning of this year, a factor which has enabled the country to establish links with 52 partners, including leading trading partners.

In the 46 years since national reunification, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which has been targeted to continue being an important driver of the domestic economy.