Vietnam’s gross domestic product (GDP) expanded 6.76 percent, fueled by stable macro-economy, impressive rice exports, declining unemployment rate, and robust economic production, Director General of the General Statistics Office (GSO) Nguyen Bich Lam said at a press conference on June 28. The agro-forestry-fishery sector expanded 2.39 percent, contributing 6 percent of the GDP growth. Expanding …
The agricultural sector has maintained growth in the first half of this year despite facing difficulties, especially the African swine fever epidemic which had a heavy impact on the domestic animal husbandry sector. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến made the statement at a press conference on June 17 about the …
Agricultural sector sees production and business growth in H1 Read More »
There is room for the private economic sector to further develop, Prime Minister Nguyen Xuan Phuc affirmed during a reception for representatives from the Vietnam Private Business Association in Hanoi on June 17. The leader stressed equal development opportunities for different economic sectors, including the private economy, citing the 12th Party Central Committee’s Resolution No. …
PM highlights development potential of private economic sector Read More »
Vietnam is becoming one of the hottest startup hubs not only in Asia but also in the world, according to the International Business Times (IBTimes), a world leading provider of business and financial news. This is validated by local firms’ recent achievements in the sector, including winning a prestigious entrepreneur competition against the rest of …
Vietnam becomes one of hottest startup hubs in the world: IBTimes Read More »
With an emerging market economy and continued strong growth, Vietnam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company. An Hodgson, Euromonitor International’s income and expenditure research manager, said the company’s research database showed that urbanisation, with the associated concentration …
Vietnam to be among world’s most dynamic markets by 2030 Read More »
The implementation of the Government’s Resolution 02/NQ-CP issued early this year has brought about improvements in the business environment, heard a working session on the impacts of the document held on June 12 under the chair of Deputy Prime Minister Vu Duc Dam. Deputy Minister of Planning and Investment Vo Thanh Thong said the ministry …
Business environment improves following Government’s Resolution 02 Read More »
Việt Nam would have to push ahead with bold reforms in institutions, human resources, infrastructure and innovation for better quality growth in the next ten years, experts have said. The Government is shaping a socio-economic development strategy for 2021-30 and a development plan for 2021-25. The next ten-year plan will focus on quality growth, targeting fast but green …
Việt Nam to shape growth strategy for next decade Read More »
The Ministry of Industry and Trade (MoIT)’s key task is to evaluate the building and adjustment of policies to support the development of the digital economy, according to Deputy Minister Cao Quoc Hung. Along with e-commerce, Hung said that the digital economy is both a challenge and opportunity for Vietnam to resolve major issues in economic development, including …
Policy key to boosting Vietnam’s digital economy Read More »
Agricultural start-ups should capitalise on the huge demand for safe agricultural products by developing long-term, sustainable production strategies, experts said at a seminar in Ho Chi Minh City on June 6. Prof. Phan Van Truong, head of the Vietnamese Agricultural Start-up Club, said that although Vietnam’s agricultural sector was growing fast, farmers remained concerned about sales and revenues. The country has …
Agricultural start-ups should focus on long-term strategy Read More »
Vietnam’s fine art and handicraft exports experienced a significant increase of 50 percent to reach 45 million USD in May, according to statistics from the General Department of Customs. The latest addition has brought the export turnover of these products to 190 million USD in the first five months of 2019, up 43 percent year-on-year, the …
Fine art and handicraft exports surge in five months Read More »
