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.
Vietnam will face challenges in implementing policies and laws on environmental protection, especially in industries seeing strong growth, said Nick Thorpe from the People and Nature Reconciliation (PanNature) centre.
VOV.VN - In recent years, fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) have grown rapidly in both rural and urban areas of Vietnam.
According to many experts, the Trans-Pacific Partnership (TPP) agreement will be the "push" for Vietnam’s economic development.
Businesses and analysts have questioned the State Bank of Vietnam’s (SBV) statement that it would not devalue the dong any further until the end of 2015.
Vietnam, an energy exporting country, is struggling to deal with the negative impacts of lower oil prices as revenue shortfalls make lingering fiscal weaknesses even more visible, economists said.
(VOV) - As a consequence of China’s devaluation of its currency, the yuan, last week by roughly 4% against the US dollar, Vietnam exporters will struggle to remain price competitive in both the domestic and overseas markets.
Vietnam should build a market institution for the electricity sector if the country wants to build a competitive power market, experts said.
Vietnamese businesses could face losses in the domestic market as the country opens to the ASEAN member imports later this year in compliance with the ASEAN Trade in Goods Agreement (ATIGA), according to experts.
(VOV) -Low inflation in April has provided a good chance for the State Bank of Vietnam (SBV) to lower annual deposit interest rates to 7 percent and loan rates to 10 percent.