IMF forecasts Vietnam's GDP to see highest growth in ASEAN 5 group

The International Monetary Fund (IMF) has forecast Vietnam’s GDP to grow at around 3.8% this year, higher than that of its regional peers, Malaysia, Thailand, the Philippines, and Indonesia.

Vietnam, Japan sign MoU on low-carbon growth

Vietnam and Japan signed a Memorandum of Understanding (MoU) on Joint Credit Mechanism - JCM at a ceremony held in both virtual and in-person forms on October 14.

VN reports public debt reaches VND3.7 quadrillion, plans to borrow VND571 billion next year

The Government’s report says that if the GDP in 2021 is below expectations, this will affect state budget overexpenditures as well as the national public debt and foreign debt safety indexes.

Vietnam creates vaccination plan for 2022, plans to vaccinate children

Vietnam plans to receive 34 million vaccine doses in October and more by the end of the year. It is creating a master vaccination plan for 2022, including vaccinations for children.

One-year EVFTA: major European investors pour billions of dollars into Vietnam

The Government has reported to the National Assembly about the implementation of EVFTA (EU-Vietnam FTA) over the last year.

Curbs fail to faze South Korean M&A

According to data from MergerMarket, which is a business development tool designed specifically for the M&A sector, South Korean investors have carried out 69 M&A deals in Vietnam since 2005, with a total value of $5.1 billion.

 

GDP growth target is hard to reach: Minister of Planning and Investment

Minister of Planning and Investment (MPI) Nguyen Chi Dung calculated economic growth in the whole of 2021 at between 3 and 3.5 per cent, but also said such a target will be difficult to reach.

Guidelines on safe adaptation to COVID-19 pandemic

The Ministry of Public Health has issued guidance implementing the government’s freshly adopted Resolution on provisional guidelines on safe adaptation to the COVID-19 pandemic.

Vietnamese capable of making high tech products

Many Vietnamese enterprises are diligently researching and developing Make in Vietnam products with high technology content.

VIETNAM BUSINESS NEWS OCTOBER 14

Ministry of Transport agrees to resume two more domestic air routes

Inconsistencies deter power plan feasibility

Power source development in recent years has been at odds with load distribution, and many coal-fired power plants expected to operate in the last five years are behind schedule.

Coach Park not satisfied with referee

Coach Park Hang-seo wasn't happy with referee Adham Makhadmeh after the 1-3 loss to Oman in the 2022 World Cup qualifier on Tuesday.

A master plan for COVID-19 vaccine in 2022 needed: Foreign Minister

Minister of Foreign Affairs Bui Thanh Son, head of the Government's Working Group on vaccine diplomacy, said Vietnam needs to develop a master plan for COVID-19 vaccines in 2022 based on the country’s demand. 

VIETNAM NEWS HEADLINES OCTOBER 14

15 localities agree to resume inter-provincial road passenger transport services

Bank loans rise despite pandemic

Despite being strongly affected by the COVID-19 pandemic, bank loans in the first nine months of this year kept rising compared to the same period last year, deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu said.

Vietnam vows to stamp out unregulated fishing

The Vietnamese government is doing its utmost to prevent illegal, unreported, and unregulated fishing practices, helped along by moves in Europe to remove warnings on the country’s activities.

Hoa Binh promotes development of high-quality human resources

In the current context of globalization and international economic integration, the development of high-quality human resources has always been highlighted by the authorities of Hoa Binh province.

‘Sky wine’ pouring from tree trunks in central Vietnam

The Co Tu ethnic people of Tay Giang district in the central province of Quang Nam have a special ‘wine’ called Tr’din.

Gigantic lifeline en route for essential businesses

In a bid to help the country recover after the economy grew at a very low level in the third quarter, a huge financial support package is to be offered to enterprises whose performance is a backbone of economic growth.

Vietnam highlights significance of UN security force’s presence in Abyei

Vietnam has underlined the significance of the UN Interim Security Force for Abyei (UNISFA)’s continuous presence in Abyei to maintain stability in the area and support the Joint Border Verification and Monitoring Mechanism (JBVMM).

Military force withdraws from HCM City

Colonel Nguyen Tuan Bao, Deputy Political Commissar of the HCM City Command, told VietNamNet that the military force has begun to withdraw from HCM City from October 13 as the pandemic there has been basically controlled.

Vietnam receives nearly 2 million doses of Pfizer vaccine donated by the US

The COVAX Facility has delivered an additional 1,999,530 doses of Pfizer-BioNTech vaccine donated by the US to Vietnam.

Vietnam plans to fully vaccinate children aged 12-17 by year-end

The Ministry of Health is working on a plan to give vaccination against Covid-19 for children aged 12-17, said Deputy Minister of Health Do Xuan Tuyen.

Vietnam Chemical Group plans disinvestments to get over VND2.4 trillion

The Vietnam Chemical Group (Vinachem) has submitted to the Commission for the Management of State Capital at Enterprises (CMSC) its restructuring plan for the period 2021-2025.

VN national pavilion at ITU Digital World shows resilient digital Vietnam

With the theme "Resilient Digital Vietnam", the national pavilion of Vietnam at the ITU Digital World 2021 has shown a resilient digital nation, which can adapt to all changes of the times, finding bright spots to turn risks into opportunities.