HCM City is taking urgent steps to tackling any and all difficulties to create a favourable business environment and encourage investors to stay.

Though Vietnam’s outstanding consumer credit almost tripled over the last decade, its share of total outstanding loans is yet to keep pace with that of its regional nations. There is plenty of room for improvement in the time to come, industry insiders have said.

Decree No. 11/2021/ND-CP officially replaced Decree No. 51/2014/ND-CP dated May 21, 2014 of the Government regulating the allocation of certain marine areas to organisations and individuals exploiting and using marine resources from March 30, 2021.

Removing bottlenecks in transport infrastructure and policy mechanisms is considered an important solution to help cut logistics costs and improve the competitiveness of Vietnamese businesses and goods in the time to come.

VOV.VN - Vietnam aims to become the second largest economy in Southeast Asia by 2030 thanks to its sound economic performance, Prime Minister Nguyen Xuan Phuc has said.

VOV.VN - Vietnamese GDP growth is anticipated to expand 7.1% this year, to be driven by strong exports and foreign investment attraction, according to the Quarterly Global Outlook 2021 recently released by the United Oversea Bank (UOB).

VOV.VN - Bangladeshi newspaper The Daily Star recently run an article highlighting the various advantages of the Vietnamese garment-textile sector, including its low lead time, quality fabric, and upmarket focus.

VOV.VN - Vietnam has been active in negotiating and signing five free trade agreements (FTAs) with major partners, highlighting the country’s international economic integration process as a bright and impressive part of the Government’s management during the 2016 to 2020 period.

Experts attending a workshop in Hanoi on March 12 suggested creating an equal competition environment and reforming the system of State resources allocation to spur the development of the private economic sector in Vietnam.

VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.