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Update news vietnam economy
Vietnam’s agriculture sector continues to undergo a restructuring process that is clearly bearing fruit.
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.
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.
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 considers the private economic sector as one of its major economic powerhouses.
Vietnam, RoK look to capitalise on FTA networks to boost trade ties
Earnings growth in the Vietnamese banking sector, following a sterling year in 2018, would ease in 2019 due to slowing loan growth, reported by a foreign research firm.
The outlook for Vietnam’s economy remains sound, aided by its strong fundamentals, diversified trade structure and the authorities’ commitment to macroeconomic stability and private sector-led growth, according to the IMF.
The Ministry of Finance has released a circular to instruct State-owned enterprises (SOEs) to use book-building to sell shares owned by the State.
Vietnam’s industrial property market has flourished for the past few years thanks to a number of factors, including the rising costs in China that has led to the shifting of manufacturing locations to the Southeast Asian country.
Carlsberg, which currently holds a 17.34% stake in Habeco, has the right of first refusal for any stake sale from the Hanoi-based beer company, expressed interest in raising the stake, but discussions have dragged for years.
Vietnam`s high and steady economic growth in the past years has strongly drawn foreign capital and investment in local firms, considered as the shortest way for foreign investors to enter the Vietnamese market.
Vietnam recorded a year-on-year rise of 2.71 percent in the consumer price index (CPI) between January and April of 2019, a three-year low in the period.
Retail sales and services revenues in the first four months of this year reached VND1.58 quadrillion ($68bn), an increase of 11.9% compared to the same period last year.
Investors in low-cost housing projects in some southern localities are complaining about big losses due to unfair regulations.
The deployment of the Vietnam Automated System for Seaport Customs Management (VASSCM) will be completed in 2019, according to the General Department of Vietnam Customs.