With the support of the majority of legislators, the National Assembly (NA) on April 8 morning adopted a resolution approving the Prime Minister’s proposal to appoint 12 new ministers and Government members for the 2016 – 2021 tenure.
Despite being known for its low labour costs, higher logistics costs have continually reduced the competitiveness of Vietnam’s exports compared to elsewhere in the region.
The National Assembly on April 7 adopted a resolution on relieving Deputy Prime Minister Trinh Dinh Dung as well as 12 ministers and other cabinet members during its ongoing 11th session.
Leaders of Cambodia, the Democratic People’s Republic of Korea, Russia, Algeria, Kuwait, and the World Economic Forum (WEF) on April 6 extended congratulations to the new State and Government leaders of Vietnam.
Vietnam is working to realise its goal of being listed in Top 4 in ASEAN and Top 50 of the world in terms in artificial intelligence (AI) research, development and application by 2030.
Prime Minister Nguyen Xuan Phuc ordered the health, tourism and diplomacy sectors to soon study and issue a "vaccine passport" mechanism in order to promote trade and investment while addressing the Government’s regular meeting on March 31.
In an era of protectionism where the jitters of COVID-19 are still being felt by many economies, Vietnam is soaring to become one of the prime locations for export manufacturers, said a recent article published on the Hong Kong-based global industry analysis firm Counterpoint.
Deputy Prime Minister Trinh Dinh Dung has asked authorities of central Da Nang city to seize opportunities and make the best use of local potential and advantages to grow rapidly and sustainably.
Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22 percent year-on-year and imports by 26 percent in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of...
Vietnam’s economic growth in the first quarter is estimated at 4.48%, higher than the 3.68% posted in the first quarter of last year. However, there is still much to be done to reach the annual target of 6.5%, according to insiders.
Vietnam’s gross domestic product (GDP) in the first quarter of 2021 is estimated to rise 4.48 percent, higher than 3.68 percent recorded in the same period last year, the General Statistics Office (GSO) General Director Nguyen Thi Huong reported at a press conference on March 29.
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
Vietnam appreciates Russia’s success in the fight against COVID-19 and hopes to bolster cooperation in ensuring human security against the backdrop of the pandemic as well as support from the country in researching the virus and raising vaccine coverage, Minister of Public...
Vietnam has seen sharp growth in the number of businesses run by women, the Vietnam Chamber of Commerce and Industry has said.
Vietnam is one of the pioneering countries in building a national digital transformation programme, with the three main pillars of digital government, digital economy, and digital society.
Apparel, pharmaceuticals, supporting industries, and renewable energy count among the new driving forces for growth in Vietnam-India trade ties, Bui Trung Thuong, Chief of the Vietnam Trade Office in India, told a recent business forum in the Indian city of Chandigarh.
The People’s Committee of Hanoi hosted a press conference on March 4 to update the media on the capital city’s socio-economic development situation, which saw upbeat signals despite impacts from the COVID-19 pandemic.
Experts expect that consumer loans will resume in the second half of 2021, thereby boosting the overall credit growth.
A stock market is one of the “thermometers” of a country’s economy, and last year Vietnam’s market saw many ups and downs but still made historic breakthroughs, creating a solid foundation for 2021.
In recent years, many investors from developed countries have gradually turned to Vietnam, with 2021 continuing to be a promising year in attracting foreign direct investment (FDI).
The State Bank of Vietnam said it would be consistent with the goal of controlling inflation, maintaining macroeconomic stability, and improving the quality of monetary policy planning and administration.