VOV.VN - Vietnam needs to reform its trade mechanisms while local businesses are advised to be more proactive to take advantage of the European Union - Vietnam Free Trade Agreement (EVFTA).
VOV.VN - Human resources are vital for any country and a measure of social progress, equality, and sustainable growth.
VOV.VN - The temporary suspension of visas for foreign arrivals to the country is anticipated to have a significant impact on the Vietnamese economy in general, with the aviation industry being particularly damaged, according to economic insiders.
COVID-19 makes it a good time for businesses to look into new ideas and unite to overcome a hairy problem.
Economist Le Dang Doanh, former head of Vietnam’s Central Institute for Economic Management, presented the Southeast Asian country’s reform policies and achievements over the past three decades at a recent high-level dialogue that focused on development measures for Tanzania.
Huong Quynh does not spare a second glance at the American cherries on supermarket shelves when she goes shopping.
The likely gross domestic product (GDP) growth rate of 6.8% and improved business climate are among the highlights of Vietnam’s economy in 2018, experts said.
The Comprehensive Progressive Trans Pacific Partnership (CPTPP) promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met in order to take full advantage of the trade deal, experts said at a conference in HCM City on December 15.
The Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further US$28.5-62.1 billion, equivalent to the GDP growth of 7-16% by 2030, according to a report by the Central Institute for Economic Management (CIEM).
2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing-Cut, Make and Trim (CMT)-to purchasing materials, free on board (FOB), original design manufacturer (ODM), original brand manufacturer modes.
VOV.VN - This week, Vietnam exported 2 tons of star apples to the US for the first time. This marked a positive growth of Vietnam’s fruit sector in expanding its export market.
State-owned enterprises and local businesses should pay due attention to training workers for the fourth industrial revolution (Industry 4.0) so that they are not rendered redundant, experts say.
The project to build an expressway with total length of 1,372 kilometers linking the northern and southern parts of the country through 16 cities and provinces has sparked controversy among experts.
VOV.VN - Vietnam’s aquatic sector will likely find it hard to realize the growth target of US$7.4 billion this year given international economic integration, tougher technical barriers by importer nations, and a growing number of competitors.
Dang Viet Dung, managing director of Uber Vietnam, thinks Vietnam may not catch up with the revolution in the short term, while it remains a question in the medium term.
US President Donald Trump on January 23 signed an executive order to withdraw the US from the Trans-Pacific Partnership agreement (TPP).
Economists say that 2017 is expected to be an auspicious year for Vietnam’s economy, with few signs of uncertainties.
Experts have voiced their concern about the development strategy of the Ministry of Industry and Trade (MOIT) for the steel industry, saying that it would have negative consequences, both economic and environmental.
The finance ministry is seeking the government’s approval to legalize sports betting under a plan that has however been slammed by critics for keeping the maximum stake too low.
VOV.VN - The pace of industrial output has slowed in the seven months leading up to August, a clear sign that weakness persists for the manufacturing and energy industries of the economy, say leading economic experts.