A consultation workshop on a draft report and guidelines for non-State enterprises and social organisations to implement anti-corruption laws was held in Hanoi on July 28.
The Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) will jointly publicise the 2019 provincial competitiveness index (PCI) at a ceremony in Hanoi on May 5.
VOV.VN - The US Government, through the US Agency for International Development (USAID), will be providing an additional US$5 million to Vietnam to mitigate the impact of the COVID-19 pandemic on the economy.
The ignition of interest in renewables has indicated the potential for rapid development under effective policies and current market conditions, but ambitions to expand renewable energy generation further will be constrained by the barriers in attracting private sector investment.
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.
Enterprises in Vietnam’s private economic sector have not received land and taxation incentives while they are restrained by institutional regulations, policies and thousands of procedures and formalities.
VOV.VN - Vietnam is likely to miss the window of huge opportunities to bolster its future development if it is unable to find a way to leverage the contribution of the private sector.
VOV.VN - The private sector has played a significant role in the national economy and should be provided with fresh impetus for further development, Prime Minister Nguyen Xuan Phuc said during his opening speech of the plenary session of the Vietnam Private Economic Forum in Hanoi on May 2.
Vietnam considers the private economic sector as one of its major economic powerhouses. Minister of Planning and Investment Nguyen Chi Dung talked with VIR about the need to strengthen the country’s private economic sector to connect with foreign enterprises so as to maximise foreign investment and foster an independent economy.
In a meeting with female entrepreneurs earlier this year, Prime Minister Nguyen Xuan Phuc reiterated the government’s support for women-led businesses. He also suggested that female entrepreneurs continue learning and enhancing their skills, contributing further to the country’s socio-economic development.
Vietnam’s aviation industry has seen its strongest growth in the past decades with double-digit growth set in five consecutive years, but it is still faced with sustainable development issues.
The private sector, despite being considered the driving force of the economy, has yet to achieve a breakthrough due to many reasons, experts said.
Through investment into local infrastructure systems, climate-resilient energy, communications technology, and other programmes, the private sector is the key to achieving Goal 9: Industry, Innovation, and Infrastructure in the United Nation’s Agenda 2030 for Sustainable Development.
The northern city of Hai Phong sets to have about 33,000 operational enterprises by 2020 in an effort to develop the private sector as an engine of the local economy.
VOV.VN - Vietnam’s economy in the last nine months has continued to grow. The Government, ministries, sectors and localities have focused on improving competitiveness, reforming institutions, promoting the private sector, and developing science and technology.
The Ministry of Planning and Investment (MPI) and the Ministry of Agriculture and Rural Development (MARD) will co-organise a conference on July 30 to discuss solutions for the development of the agricultural sector and open the door for investment from the private sector.
VOV.VN - Vietnam’s economy is seeing positive growth signs, according to a government report presented at the ongoing session of the National Assembly.
Thai-based Kasikornbank (KBank) in conjunction with the Ministry of Planning and Investment held the co-organising seminar titled "Holistic empowerment of SMEs: How public and private sectors can join hands to develop SME landscape" on March 30.
Although the construction of Lien Chieu port in Danang city has just been appraised, domestic and foreign investors are already interested in the project.
Two separate legal entities managed by Warburg Pincus would invest over US$370 million in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank), announced the bank on March 12.