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Evaluating first year of CPTPP in action

Evaluating first year of CPTPP in action

The landmark Comprehensive and Progressive Agreement for Trans-Pacific Partnership has been in force for more than a year now, influencing the trade activities of member economies.

Hanoi grants licences to 68 FDI projects in January

Hanoi grants licences to 68 FDI projects in January

The capital city of Hanoi granted investment licences to 68 new foreign direct investment (FDI) projects worth 30.2 million USD in January, according to the municipal Department of Planning and Investment.

Hai Phong city to set up new industrial zones

Hai Phong city to set up new industrial zones

A number of new industrial zones (IZs) will be established in the northern port city of Hai Phong in the near future, said head of the provincial management board of economic zones Pham Van Moi.

Improving labour productivity critical for businesses

Improving labour productivity critical for businesses

Improving labour productivity is vital for Vietnamese businesses in the context of the Fourth Industrial Revolution, with rapid increases in digitalisation, robotisation and intelligent automation, experts said.

January FDI surges 179 percent

January FDI surges 179 percent

Vietnam raked in 5.3 billion USD in foreign direct investment (FDI) in the first 20 days of 2020, a year-on-year surge of 179.5 percent, according to the Ministry of Investment and Planning.

Many foreign investors circumvent the laws

Many foreign investors circumvent the laws

Experts have warned of the attempt by many foreign invested enterprises (FIEs) to dodge the laws to enjoy preferences and make local authorities ‘lose lock, stock and barrel’.

Reforms to be growth driver in 2020

Reforms to be growth driver in 2020

Institutional reforms will continue to be the major growth driver in 2020 and beyond, while a focus would be placed on removing barriers and connecting firms to establish value chains, Chairman of the Việt Nam Chamber of Commerce and Industry Vũ Tiến Lộc said.

New growth model for new decade

New growth model for new decade

In 2019, foreign direct investment attraction was a bright spot of Vietnam’s economic picture. It is expected to continue being one of the vital drivers of the country’s growth this year and beyond.

Minister: Motivation created for industry to develop

Minister: Motivation created for industry to develop

According to the Ministry of Industry and Trade, currently many industrial firms of Vietnam have not mastered the core technology, and they mainly join sections of low technological contents and added values.