VOV.VN - The month of July saw the nation enjoy a trade surplus of US$2.77 billion, boosting the seven-month trade surplus to a record high of US$8.23 billion, according to figures released by the Ministry of Industry and Trade (MoIT).
VOV.VN - Leading business and financial website Bloomberg of the United States posted an article on June 29 in which they highlighted the robust growth enjoyed by the Vietnamese economy in spite of the negative impact caused by the novel coronavirus (COVID-19) outbreak.
Legislators adopted a resolution recognising and permitting the enforcement of rulings issued by dispute settlement agencies under the EU-Vietnam Investment Protection Agreement (EVIPA) with 95.3% of votes in favour, during the ongoing ninth session of the 14th National Assembly in Hanoi on June 18.
VOV.VN - Despite the economic picture for the opening five months of the year appearing gloomy due to the impact of the novel coronavirus (COVID-19) with the majority of indicators being low in comparison to last year, May, the first month after social distancing, has seen the gradual recovery of manufacturing, tourism, and transport firms.
VOV.VN - The opening five months of the year have seen the Index of Industrial Production (IIP) grow annually by approximately 1%, the slowest pace recorded in many years due to the negative impacted caused by the novel coronavirus (COVID-19), according to the General Statistics Office (GSO).
Prime Minister Nguyen Xuan Phuc has issued Directive No. 118/CT-TTg on building a socio-economic development plan for the 2021-25 period.
Persisting the viewpoint that education and training is the top national policy and that the training of high-quality human resources is one of the three breakthroughs, the Party and the State have always paid special attention to the investment in and the promulgation of advocates for the cause.
The private economic sector invested over 26.8 billion USD in the economy during the nine-month period, accounting for 45.3% of the total social investment capital.
Vietnam’s economy has been better off over the last three years with exports growing rapidly.
Vietnam has a trade surplus of $20 billion a year with the US, while the current account surplus is over 2 percent of GDP per annum.
VOV.VN -The textile and apparel industry is set to grow significantly in the coming years whilst the leather and footwear industry will also enjoy positive growth.Thus, both are considered bright spots for the national economy.
Leading destinations for the flow of foreign direct investment (FDI) such as Ho Chi Minh City, Dong Nai, Binh Duong and Ba Ria-Vung Tau provinces, have been shifting their focus to investment quality after 30 years attracting foreign capital.
VOV.VN - While the proportion of the national economy driven by cash transactions remains immense, experts believe that there will be a major shift toward using cashless payments in the coming time with drastic measures taken by the Government.
Measures to reach the growth target of 6.7% in 2018 were discussed at a teleconference between the Government and localities on July 2.
Supporting industry development will create a driving force for Vietnam’s automobile industry, as heard a seminar held by the Vietnam Association of Supporting Industries (VASI) in Ho Chi Minh City on May 24.
High logistics costs have become a major barrier for businesses and reduced the competitiveness of the national economy, Prime Minister Nguyen Xuan Phuc said at a national conference in Hanoi on April 16 to seek ways to reduce logistic expenses and improve transport connectivity.
Economic experts discussed measures to improve the quality of economic growth in a workshop held by the Central Institute for Economic Management (CIEM) in Hanoi on March 11.
Small-and medium-sized enterprises (SMEs) have become a momentum for national economic growth, said Chairwoman of the National Assembly Nguyen Thi Kim Ngan.
VOV.VN - The National Strategy on Green Growth, adopted by the Prime Minister in 2012, identifies green growth as the most appropriate way to reform Vietnam’s growth model and restructure the national economy.
The Government will not raise public debt ceiling in order to ensure debt payment capacity and balance the national financial system, said Deputy Prime Minister Vuong Dinh Hue during the hearing session of the 14th National Assembly’s fourth sitting on November 16.