The government has been hard at work improving its institutions and legal framework for the digital economy.

Vietnam needs to prepare for the vital changes required in creating a digital economy.

Over the years, the Vietnamese government has been calling for investment in hi-tech agriculture, aiming to turn Vietnam into one of the most developed and sustainable agricultural economies in the world.

The Governor of the State Bank of Vietnam (SBV), Le Minh Hung, is standing firm on low credit growth. This is also an issue that S&P emphasized in in its latest report.

In a meeting with female entrepreneurs earlier this year, Prime Minister Nguyen Xuan Phuc reiterated the government’s support for women-led businesses.

Vietnam and China have further solidified their win-win comprehensive strategic co-operative partnership, with the former wishing to attract high-quality investment projects from the latter.

Along with the development of science and technology, the demand for knowledge and skills training for children has been rising, turning education and training into a phenomenon attracting private investors by the droves to Vietnam.

Danang is aiming to become a smart and creative city by 2045, and expects to spend over VND2.14 trillion ($93 million) on this transformation that would synchronise all processes of the central city’s operations.

As the Vietnamese economy strives to become more prosperous, the country is fostering the development of major private enterprises considered to be a focus of national pride and a new source of prosperity.

Vietnam is continuously hastening efforts to improve the business climate to create favourable conditions for the private sector in the tourism industry to play its role as a driver of rapid and sustainable economic growth.

Vietnam considers the private economic sector as one of its major economic powerhouses.

Vietnam has been reunified for 44 years. Over the past 4 decades, overseas Vietnamese have contributed remarkably to Vietnam’s reconstruction and development, making their homeland more competitive on the global arena.

The ongoing Hue Traditional Craft Festival 2019 has become a popular attraction among both local people and tourists. The festival features a wide range of cultural activities that are perfect for all ages.

Vietnamese martial artist Nguyen Tran Duy Nhat has successfully qualified for the semi-finals of the men’s 63.5 kg category in the Muay Thai event at the ongoing Arafura Games.

Resolving war legacy is important to the Vietnam-US relationship although the war ended 44 years ago.  

China, which can churn out 2 billion tons of cement a year, is trying to restrict cement production domestically, which means a big opportunity for Vietnam to boost exports to the market. 

Ho Chi Minh City has been a pioneer in social economic development. The municipal authority has initiated breakthrough programs, including a Smart City project to benefit from Industry 4.0.

The annual kite flying festival of Ba Duong Noi village in Hanoi’s outlying district of Dan Phuong is held on the fifteenth day of the third lunar month.

Vietnam, RoK look to capitalise on FTA networks to boost trade ties

The Prime Minister recently issued a decision on the application of policies to provide media support to poor households and ethnic minority groups in mountainous, border and sea areas.