vietnam economy

Update news vietnam economy

The stock market of Vietnam fell for six consecutive weeks with a drop of over 20%. Liquidity also fell sharply, causing concern.

Globe faces high inflation, Vietnam deals with challenges

The world is witnessing the highest inflation in decades. Many economies around the world face a risk of recession.

Vietnam has choices under new global trends

The world today is being affected constantly by the ripple effects of global problems and occurrences such as the ongoing US-China trade war, the recent lengthy Covid-19 pandemic, and now the current fierce Russia-Ukraine conflict.

G&P Global Ratings raises Vietnam’s sovereign credit rating

The S&P Global Ratings on May 26 raised its long-term sovereign credit rating on Vietnam to “BB+” with a “stable” outlook on the back of strong economic recovery, according to the Ministry of Finance.

Growth target of 6.5 percent remains big challenge: Deputy PM

The targets set for 2022, including the growth target of 6-6.5 percent, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi.

Vietnam’s labor productivity and the role of SOEs

The question for Vietnam is how to become a high-income economy while increasing productivity and protecting its resources.

Experts gather to discuss solutions to revive VN economy

The risk of high inflation and the rising price of assets have been put forward at a seminar to discuss how to support and revive the economy in the new normal, after the great impact of the COVID-19 pandemic.

Vietnam to benefit most from RCEP: WB

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

State-owned enterprises - good and bad

State-owned enterprises (SOEs) have not been able to fulfill their leading and motivating role in the economy and lack a strategic vision to develop and participate in global value chains.

When will ministry dispatches stop bedeviling enterprises?

The overlapping and inconsistency of legal documents continues to make things difficult for businesses. 

Business news: corporations make changes in key personnel

Tran Kinh Doanh has resigned from his post on the board of directors of Mobile World (MWG), a major retailer.

VCCI report finds problems in administrative reform

“Flow of business law in 2021”, a report of the Vietnam Chamber of Commerce and Industry, shows that hundreds of circulars that guide the implementation of laws are issued each year. The quality and transparency of the documents are in question.

Getting old before getting rich: Thailand’s story and lessons for Vietnam

Thailand's "golden population" period is expected to end in 2025. The country is likely to become the first in Southeast Asia to have an aging population before it becomes prosperous. This is a warning for Vietnam.

Finance Ministry plans to extend enterprises’ tax payments

The tax payment extension, which is not expected to reduce state budget revenue, will help enterprises have capital for production and business.

VN businesses struggle with skyrocketing prices

Manufacturers whose products are meant for domestic use and export are struggling to find a way out amid the “storm” across materials and logistics prices after fuel prices reached new highs.

UKVFTA boosts trade and investments between UK, Vietnam

The UK-Vietnam free trade agreement (UKVFTA), effective on May 1, 2021, is expected to help not only boost trade but also promote investment between Vietnam and the UK.

Tips for tour guides: yes or no?

Analysts doubt the feasibility of the new decision by the Phu Quoc Tour Guide Association about collecting tips because most tourists want inexpensive tours and travel firms are competing with each other by slashing service fees.

Post-pandemic recovery: new choices

The Covid-19 pandemic has caused businesses to realize the importance of adaptation, technology and renovation.

Regulations hindering enterprise development have been revived

Business environment reform has been slowing down over the last two years. Some bad regulations that were removed because they hindered the development of enterprises have been revived.

Vietnam’s market size attracts foreign investors

By the end of February 2022, the registered capital for project adjustment of foreign investors in Vietnam has increased by US$3.59 billion, a year on year increase of 123.8 percent.