Vietnamese enterprises currently have limited participation in the global supply chain, and are not deeply involved in the value chain of multinational corporations in Vietnam.

The number of enterprises and employees working in the non-State and FDI sectors increased rapidly, whereas that of the State sector fell markedly.

The numbers of enterprises and employees working in the non-state and FDI sectors increased rapidly, but reduced markedly in the state-owned sector during 2016-2020, according to the General Statistics Office of Vietnam (GSO)’s freshly released 2021 economic census.

Up to 85% of firms have an optimistic outlook for the business environment in Q4, whereas 15% are pessimistic about the future, according to a survey conducted by the General Statistics Office (GSO).

VOV.VN - Vietnam posted a trade surplus for the sixth consecutive year, a move that has significantly contributed to stabilising the macro-economy, curbing inflation, and helping the local economy to gain more foreign currency reserves, according to experts.

If it does not take advantage of opportunities, Vietnam will need at least two more decades to reach the per capita added value in the processing and manufacturing industry for newly industrialized countries.

Vietnam should improve its legal framework to maintain the attractiveness of the domestic investment environment to foreign firms, Vu Tien Loc, President of the Vietnam International Arbitration Centre (VIAC) has said.

Ho Chi Minh City exports were up 5.1% and imports saw a surge of 26% in the first half of this year as compared to the same period in 2020, resulting in a trade surplus of US$4.53 billion, according to the municipal Statistic Office.

Vietnam shipped overseas US$130.94 billion worth of goods in the first five months of 2021, up 30.7% annually, according to the General Statistics Office (GSO).

VOV.VN - The nation only has limited room for fiscal and monetary policy, therefore requiring it to remain cautious when adopting a loosening monetary policy in terms of scale and duration, especially once economic activities return to normal.