May 2019

Enterprises optimistic about production, business in Q2

Nearly 90 percent of enterprises operating in processing and manufacturing predict that their production and business would be better or remain stable in the second quarter of 2019, according to the General Statistics Office (GSO). Almost 54.6 percent of them forecast a better working quarter, and 34.8 percent forecast their operations will be stable. Meanwhile, …

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Vietnam stays attractive to foreign investors amid trade war

Vietnam is the biggest beneficiary in the shift of the investment flow from China amidst the Sino-American trade war, according to Maybank Kim Eng senior economist Chua Hak Bin. The expert told Vietnam Economic Times that most multi-national companies will continue restructuring their supply chains to reduce dependence on China, and ASEAN countries will benefit …

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Humans and technology key to Việt Nam’s new-stage development

New technology and skilled human resources were the decisive factors to drive Việt Nam’s long-term growth, especially in the face of Industry 4.0-induced changes. This message was delivered by Prime Minister Nguyễn Xuân Phúc at a conference themed “Science, Technology and Innovation – a pillar of Socio-Economic Development in Việt Nam” held by the Ministry of Science and …

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Strategic partners crucial to Vietnam’s economy: VCCI chairman

Strategic partners play a highly important, even decisive, role in Vietnam’s economic development, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc. At a seminar in Hanoi on May 14, he said Vietnam currently has 16 strategic partnerships with major global economies, which are big financial and technological hubs …

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