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Vietnam’s reform experience shared at high-level dialogue in Tanzania

Vietnam’s reform experience shared at high-level dialogue in Tanzania

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.

Local firms prepare for CPTPP’s strict regulations

Local firms prepare for CPTPP’s strict regulations

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.

Industry 4.0 to boost Vietnam’s GDP to 16%

Industry 4.0 to boost Vietnam’s GDP to 16%

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).

Vietnam’s textile and garment industry faces tough seas in 2019

Vietnam’s textile and garment industry faces tough seas in 2019

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.

Vietnam’s fruit exporters prosper

Vietnam’s fruit exporters prosper

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.

Workers face daunting Industry 4.0 challenge

Workers face daunting Industry 4.0 challenge

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.

Concerns raised about north-south highway project

Concerns raised about north-south highway project

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.

Steel industry development strategy seen as problematic

Steel industry development strategy seen as problematic

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.

Vietnam industrial production falters

Vietnam industrial production falters

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.

Challenge for panel on state firms

Challenge for panel on state firms

The Government's establishment of a special committee to manage capital at State-owned enterprises (SOEs) is necessary, but it is likely to face significant challenges in its work, experts said.