private sector

Update news private sector

Pacific deal may add 30% to Vietnam's GDP

VietNamNet Bridge – The Trans Pacific Partnership trade agreement is expected to add 30 per cent to Vietnam's GDP over the next 10 years,

Politburo nod sought for Phu Quoc airport transfer deal

 VietNamNet Bridge – The Ministry of Transport is seeking approval from the Politburo to allow the private sector to operate Phu Quoc International Airport off mainland Kien Giang Province.

VN makes progress with public-private dialogues

 VietNamNet Bridge – USAID Vietnam Mission Director Joakim Parker tells Viet Nam News that the ongoing public-private collaboration in regulatory reforms has had positive impacts.

New routes for private sector roadbuilding

 VietNamNet Bridge – Minister of Transport Dinh La Thang has claimed Vietnam will create the best possible conditions for local and foreign firms to invest in build-operate-transfer expressway projects.

State - enterprise relations and industrial growth in Vietnam

 VietNamNet Bridge - Industrial development of Vietnam has been a success but it has been proceeding at a slower level in recent years.

Private sector key to sustained growth

 VietNamNet Bridge – Although the economy is predicted to do better, privatisation and SOE reforms will be crucial for Viet Nam's development in 2015, economist Nguyen Hong Nga tells Viet Nam News.

BUSINESS IN BRIEF 21/1

Game developers establish federation; Globaltrans Air seeks to operate aviation services; January CPI seen edging down; HCM City exports topped $30b last year; Steel giant reports 27% revenue growth;

Gov't targets private sector boost in 2015

The Government will sub-contract some public services to the private sector and concentrate efforts to help enterprises restore production and improve business.

VN lacks sufficient number of medium-sized enterprises

 VietNamNet Bridge - The latest report of the Vietnam Chamber of Commerce and Industry (VCCI) shows that Vietnam now lacks many medium-sized enterprises, making it difficult to participate in global value chains.

BUSINESS IN BRIEF 5/7

Foreign textile firms line up for TPP bonanza in Vietnam; Vietnamese goods hold sway in local markets; EBA cites Vietnamese company among world’s best run; Robins Department Store comes to Ho Chi Minh City

Policies should help S&T firms

 VietNamNet Bridge – Pham Hong Quat, deputy director-general of the National Agency for Technology Entrepreneurship, told Tuoi Tre Cuoi Tuan (Youth Weekly) about the need to remove hurdles for science and tech entrepreneurs.

Challenges for Vietnam to reduce CO2 emissions

 VietNamNet Bridge – Vietnam needs about 30 billion VND to reduce Carbon Dioxide - CO2 emissions in its industry sector from now to 2020, which is quite a big challenge on its way to achieve a sustainable economic development.

Hue plans inclusive tourism

 VietNamNet Bridge – Hue is seeking to involve residents and the private sector in developing tourism, seeking to take advantage of the area's enormous tourism potential by promoting its heritage sites and natural beauty.

EVN power monopoly to be short-circuited

 VietNamNet Bridge – Deputy Prime Minister Hoang Trung Hai has pledged that Vietnam would continue to reduce the Electricity of Vietnam’s monopoly through the development of a competitive electricity market.

UN, WB outline plans to mobilize financing for sustainable energy for all

The United Nations and the World Bank on Wednesday announced a concerted effort by governments, international agencies, civil society and the private sector to scale up financing to provide sustainable energy for all,

Major cities curb traffic congestion with new roads

 VietNamNet Bridge – Ha Noi and HCM have made progress in curbing traffic congestion in the last five years with a number of drastic measures,

Urgent need for Vietnam to tackle its computer virus problem

 VietNamNet Bridge – Vietnam has a goal to become an IT outsourcing powerhouse within the next 10 years, according to the White Book that summarises the state of the nation’s ICT.

Private sector continues to grow

VietNamNet Bridge – The number of private sector enterprises in Viet Nam rose by 2.56 times between 2006 and 2011 while the number of State-owned enterprises over the same period fell by 12.7 per cent.

Global economic recovery losing momentum: Moody's

 Global economic recovery has lost momentum over the past three months, with several economies still facing significant challenges and are unlikely to resume "normal" growth rates soon,

Private sector ignored in draft Constitution

 VietNamNet Bridge – The fact that the role of the private economic sector is overlooked in the draft of the amended Constitution concerns scholars, lawyers and entrepreneurs