vietnam economy

Update news vietnam economy

Digital transformation to increase productivity: the only way to not lag behind

At Garment 10 Company, productivity increased exponentially after new technologies and digitalization of the production line were applied.

Petrol sales back to normal in HCMC

Representatives of retail petrol stations confirmed that they did not hoard gasoline to wait for the price to rise  because, according to regulations, they must import petrol products to sell, even at a loss, and must sell out before they can close.

Banks prepare capital to meet credit demands in 2022

Banks have been increasing the attraction of deposits to have enough capital for the credit needs of customers. Credit demand is expected to increase from the first quarter of this year.

Labour market recovery looks toward flexible, safe adaptation

Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people.

13-year struggle ends with victory for Vietnamese investor

A 13-year confrontation between Vietnamese and foreign investors at a leading sweets manufacturing company has come to an end: the Vietnamese investor has acquired the entire company while the South Korean investor has left.

“Non-financial" solution a contributory factor to improving business environment

The COVID-19 pandemic has caused local firms to face an array of risks, with there being a large and possible long-lasting vulnerability for them.

Vietnam determinedly regulates petrol business activities

Functional units in many localities yesterday continued to pay unexpected visits to gas stations in order to examine trading activities there and handle any possible hoarding, which is supposed to happen lately due to instability in input fuel price.

Almost all manufacturing, trading activities in HCMC resume

HCMC has seen almost all manufacturing enterprises resume after the Covid pandemic and operate at over 95% capacity.

Reform lessons: when ministries, branches take decisive action

Maintaining a high ranking and improving electricity access scores continue to be the mission of the reform program.

Thriving businesses target $10 billion in revenue

In 2021, despite great challenges caused by Covid-19, the enterprises of Vietnamese billionaires are growing and thriving.

Foreign investment to flourish post-pandemic

Analysts all have optimistic forecasts about cash flow to Vietnam in 2022 and upcoming years after a year of net withdrawals.

Vietnam ranks 25th among most powerful countries globally

The US News & World Report newswire has released a list of the world’s most powerful countries in 2021, with Vietnam being placed at the 25th position in the power rankings.

'Housewife' economy: the underground power of Vietnam’s economy

A particularity of Vietnam’s economy is the existence of the ‘housewife’ economy in every family, a self-sufficient economy in both urban and rural areas.

Vietnam to improve transparency of real estate market in 2022

The development of a real estate database has not been in line with the market in Vietnam over the years.

PM inspects expressway projects in South-Central region

On the morning of February 5, Prime Minister Pham Minh Chinh and the Government delegation inspected the highway projects Nha Trang - Cam Lam - Vinh Hao - Phan Thiet - Dau Giay.

The flame of reform to remain in 2022

Resolution 02 has been issued by the Government with the goal of continuing to improve the business environment and enhance the country’s competitiveness in 2022.

Saigon Hi-Tech Park asserts its value

Saigon Hi-Tech Park (SHTP) has become one of the ideal destinations for high-tech investors through the presence of the world's leading multinational technology corporations, such as Intel (US), Nidec (Japan), Sanofi (France), and Datalogic (Italy). 

Resolution sets major tasks and solutions for recovery

The Vietnamese Government has made great efforts to recover the country’s economic growth, with key tasks as defined in Resolution No.02/ND-CP.

New-generation FTAs represent growth drivers for Vietnamese exports in 2022

The effective implementation of new-generation free trade agreements (FTAs) can considered as the driving force behind fulfilling the export target of over US$356 billion set for this year.

Vietnam targets 2.1 million enterprises, 70 with capitalized value over US$1 billion

The Ministry of Planning and Investment is working on a resolution to support and develop Vietnamese businesses for the period of 2021-2025, replacing Resolution No. 35/NQ-CP dated May 16, 2016.