Vietnam’s rapidly growing economy, rising income and urbanization are fueling a strong need to develop the country’s infrastructure, particularly for more and improved power utilities and road connectivity, Moody’s Investors Service stated in a new report.
In 2019, foreign direct investment attraction was a bright spot of Vietnam’s economic picture. It is expected to continue being one of the vital drivers of the country’s growth this year and beyond.
This year, the country scored the lowest in “High-tech density” at 37, an improvement of three points from last year, and the highest in “Productivity” at 60, up one point.
Struggling to eliminate gender inequality, Vietnam falls 10 places to 87th in 2019 global ranking.
Foreign-invested enterprises will no longer be allowed to ignore their tax obligations as Vietnamese tax departments step up action on duty-dodging businesses.
Visa policy is the most improved indicator in the Travel and Tourism Competitiveness ranking of Vietnam, announced by the World Economic Forum (WEF) in 2019.
Despite Vietnam’s rise in the global competitiveness index, further reforms are needed to achieve economic targets set by the Government, speakers said at a workshop in Ho Chi Minh City on October 24.
Vietnam has recorded gender equality achievements in political and economic sectors since the Law on Gender Equality took effect.
Vietnamese entrepreneurs have played an important role in the country's socio-economic development and the process of global integration, according to President of Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Vietnam will work to maintain macro-economy’s stability and economic growth, while creating optimal conditions for businesses investing in the country, Prime Minister Nguyen Xuan Phuc has pledged.
VOV.VN - The nation has leaped 10 places from 77th to 67th place in the Global Competitiveness Report which was released by the World Economic Forum (WEF) on October 9.
The best companies in the US, Europe and Japan are not picking Vietnam but instead have moved to other regional countries like Malaysia, Indonesia and Thailand, where developed supporting industries and highly-qualified human resources are already in place.
Vietnam’s tourism promotion campaign has shown its efficiency helping the country get close to its target of attracting 17.5-18 million international tourists this year.
Vietnam ranks 63rd among 140 countries and territories in the recently released Travel & Tourism Competitiveness Index (TTCI) 2019, jumping four places compared to the latest 2017 ranking.
Vietnam wants to have five billion-dollar tech firms by 2025 and 10 by 2030 as part of its plans for the Industry 4.0 adoption.
The World Economic Forum (WEF) has built a National Plastic Action Partnership (NPAP) for Vietnam and is looking for feedback from the Ministry of Natural Resources and Environment of Vietnam, said Justin Wood, head of the WEF's Regional Agenda – Asia Pacific.
Prime Minister Nguyen Xuan Phuc arrived at Zurich International Airport, Switzerland at 7am on January 23 (local time) and immediately moved to Davos for scheduled activities within the framework of the annual conference of the World Economic Forum (WEF).
Prime Minister Nguyen Xuan Phuc’s presence at the annual conference of the World Economic Forum (WEF) in Davos, Switzerland from January 22-25, will be a chance to propagate the country’s socio-economic development and international integration achievements in 2018.
The World Economic Forum (WEF) will expand cooperation with Vietnam in 2019, which will be momentum for the two sides to strengthen their partnership in the time ahead, according to Justin Wood, head of the WEF’s Regional Agenda – Asia Pacific.
VOV.VN - According to a World Bank study, of the total 109 countries surveyed, Vietnam is the 17th-biggest plastic waste producer and ranks 5th in the world in terms of plastic waste released to the ocean. Vietnam is now in need of strong solutions to reduce plastic waste.