Renewing policies to attract more FDI

Renewing policies to attract more FDI

8/23/2016 - 15:30

(VOVworld) – By the end of last month, Vietnam had attracted nearly 13 billion USD from foreign direct investment (FDI), a year-on-year increase of 47%. This proves Vietnam has become an attractive destination for foreign investors. But the country still needs more new policies to draw in investment projects using advanced technologies and ensuring environmental safety.

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Draft law on supporting SMEs, a new driver for business growth

Draft law on supporting SMEs, a new driver for business growth

8/16/2016 - 14:49

(VOVworld) - Small and medium-sized enterprises account for 97% of Vietnam’s businesses and play an increasingly important role in Vietnam’s economy. In recent years, the government has created programs and policies to help SMEs maximize their productivity. The draft law on supporting SMEs is hoped to create a breakthrough in helping the sector grow.

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Institutional renovation to enhance private economic sector

Institutional renovation to enhance private economic sector

8/9/2016 - 18:30

(VOVworld) – Vietnam has about 500,000 private businesses, providing 1.2 million jobs, 51% of the total labor force. The Vietnamese government considers the private economic sector an important driver of the national economy and institutional reform. Vietnam has created conducive conditions and an open mechanism to encourage private sector’s growth as Vietnam integrates more fully into the global economy.

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Reviewing the Enterprise Law and Investment Law after one year

Reviewing the Enterprise Law and Investment Law after one year

8/2/2016 - 10:51

(VOVworld) – Nearly 106,000 enterprises have been established and some 3,500 ineffective business regulations have been eliminated since the revised enterprise and investment laws went into force on July 1 last year. But there remain obstacles to implementing these laws. The government, ministries, and concerned agencies are finding ways to resolve the problems.

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Vietnam’s fiscal and monetary market stable following Brexit

Vietnam’s fiscal and monetary market stable following Brexit

7/26/2016 - 15:39

(VOVworld) – Britain’s decision to withdrawal from the EU, known as Brexit, has had an impact on the global economy and on Vietnam’s fiscal and monetary market and investment flow. But the latter will be minimal thanks to proper and timely responses.

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Vietnam tries to achieve economic growth target for 2016

Vietnam tries to achieve economic growth target for 2016

7/19/2016 - 16:21

(VOVworld) – In the first half of this year, Vietnam’s economy showed signs of rallying. The macro economy stabilized and GDP increased 5.52%. Although the growth rate is lower than last year, it has been steady, thanks to the growth of industrial production and domestic retail sales.

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Improving business environment for enterprises to develop

Improving business environment for enterprises to develop

7/12/2016 - 17:07

(VOVworld) – The Vietnamese government has paid much attention to improving the business environment, considering it a long-term task to help domestic enterprises increase competitiveness. The improved business environment will help Vietnamese companies assert their brands and compete fairly with their international partners, especially when Vietnam is fully integrating into the global economy and has been signing various free trade...

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Bac Giang uses trade promotion to boost lychee sales

Bac Giang uses trade promotion to boost lychee sales

7/5/2016 - 16:07

(VOVworld) – Bac Giang is in the main harvest of lychees. To ensure steady sales and stable prices, local authorities have used trade promotions to enhance the Bac Giang lychee brand.

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Vietnam’s economy reduces dependence on ODA

Vietnam’s economy reduces dependence on ODA

6/28/2016 - 16:34

(VOVworld) – Vietnam has successfully attracted and effectively used official development assistance (ODA) capital resources. From a poor country, Vietnam has become a middle-income country. But the achievement also presents challenges Vietnam for the near future as it gradually reduces its dependence on ODA funds and develops the nation by itself.

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Vietnamese Goods Week - an effective way to promote made-in-Vietnam commodities in Europe

Vietnamese Goods Week - an effective way to promote made-in-Vietnam commodities in Europe

6/21/2016 - 16:41

(VOVworld) – Recent programs to introduce Vietnamese goods to Italy’s Romace region and France’s Lyon city were the fourth Vietnamese trade promotion campaign in Europe since 2011. The model has proven effective in helping Vietnamese goods reach European consumers.

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Hanoi’s breakthroughs in administrative reforms to attract investment

Hanoi’s breakthroughs in administrative reforms to attract investment

6/16/2016 - 9:57

(VOVworld) – Increasing promotion activities and improving the business environment to attract capital investment, especially FDI, are top priorities for Hanoi’s economy. This was the message delivered by Hanoi officials at a recent conference on investment attraction. VOV’s Cam Tu reports:

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Optimizing conditions for Vietnamese businesses to grow

Optimizing conditions for Vietnamese businesses to grow

6/7/2016 - 16:37

(VOVworld) – The government will create the best conditions for businesses to perform. This is one of the important contents of a new resolution on support and development of enterprises by 2020 and what Prime Minister Nguyen Xuan Phuc affirmed at a meeting in April with the business community.

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TPP creates challenges for SMEs

TPP creates challenges for SMEs

5/31/2016 - 17:14

(VOVworld) – When Vietnam’s free trade agreements and the Trans-Pacific Partnership come into force, foreign enterprises will pour into the Vietnamese market, stimulating trade, increasing competition, and bringing benefits to consumers. Small and medium-sized enterprises will face a lot of new challenges.

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Vietnam’s garment and textile sector improves its value via intellectual property

 Vietnam’s garment and textile sector improves its value via intellectual property

5/24/2016 - 17:37

(VOVworld) – The garment and textile sector has been contributing to Vietnam’s GDP, ensuring social security, and generating jobs for about 3 million people. During Vietnam’s international economic integration, Vietnamese companies in the sector have attached greater importance to improving their values increasing their competitiveness, and expanding their export market through intellectual property rights.

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Vietnamese retailers fight to maintain their share of the domestic market

Vietnamese retailers fight to maintain their share of the domestic market

5/18/2016 - 13:34

(VOVworld) – Foreign retailers are turning to the Vietnamese retail market, either investing directly or merging with or acquiring Vietnamese businesses and putting great pressure on domestic companies. The government has outlined strategies to help local retailers improve their competitiveness and establish a stronger foothold at home.

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Provincial authorities contribute to Dong Thap’s improved PCI in 2015

Provincial authorities contribute to Dong Thap’s improved PCI in 2015

5/10/2016 - 22:30

(VOVworld) – Dong Thap is ranked second in the 2015 Provincial Competitiveness Index (PCI 2015) and topped the Mekong Delta region with a score of 66.39. This is the eighth consecutive year Dong Thap made it into the top five of PCI. The breakthrough is attributed to cooperation between the provincial authorities and the business community. A report by Thanh...

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Exporting high-quality rice-new path for Vietnam’s rice sector

Exporting high-quality rice-new path for Vietnam’s rice sector

5/3/2016 - 16:00

(VOVworld) - Though Vietnam is the world’s third biggest rice exporter, the real value it gains remains modest. In order to penetrate major markets in the context of international economic integration, many domestic exporters are focusing on high-quality rice.

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Hanoi and efforts to make full use of TPP opportunities

Hanoi and efforts to make full use of TPP opportunities

4/26/2016 - 16:35

(VOVworld) – With all provinces and cities nationwide, Hanoi is trying to learn the Trans-Pacific Partnership agreement. The capital city is promptly preparing measures for investment attraction to increase exports and expand markets as soon as the deal takes effect.

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Promoting regional links to increase economic growth

Promoting regional links to increase economic growth

4/21/2016 - 16:37

(VOVworld) – Promoting regional economic links toward creating a driving force for the national economy has received special attention from the government. Regional economic linking has improved coordination between central and provincial agencies in outlining policies and allocating investment more efficiently.

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PCI-measurement of provincial governance capacity and investment environment

PCI-measurement of provincial governance capacity and investment environment

4/12/2016 - 15:25

(VOVworld) - Vietnam’s Provincial Competitiveness Index (PCI) for 2015 has been announced. The index is considered one of the most accurate measures of local authorities’ efforts to improve the provincial investment environment and competitiveness.

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Wednesday, January 18, 2017

Wednesday, January 18, 2017

B: Ashik Eqbal Tokon of Bangladesh sent us an e-greeting card with pictures of Vietnamese Tet delicacies like watermelons, square sticky rice cakes, pork pie, and some other food. We...

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Welcome to Vietnam

Welcome to Vietnam

Welcome to Vietnam