Category: Economy
Vietnam government upbeat the public investment in 2020
According to data from KB Vietnam Securities Company (KBSV), the State budget overspending in 2019 continued the downward trend at 3.4 percent of GDP. Tax revenues show [...]
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More efforts needed to maintain VN’s leading position in cashew export
Vietnam stood out as the world’s largest cashew exporter last year but there remains many challenges ahead for the country to retain its leading position in the future. [...]
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Resolution seeking EP’s ratification of EVFTA, EVIPA approved
The European Parliament Committee on International Trade (INTA) on January 21 approved a resolution asking for the European Parliament (EP)’s ratification of the [...]
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Vietnam PM seeks solutions to ‘getting old before getting rich’
Amid growing global uncertainties, Vietnam must continue to maintain high economic growth, stressed prime minister Nguyen Xuan Phuc. The prime minister’s economic [...]
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HCM City eyes faster public investment disbursement than last year
HCM City authorities plan to review obstacles to public spending and the speed of fund allocation and disbursement this year. Le Thi Huynh Mai, director of the Department of [...]
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Listen attentively to be proactive
In a report released in 2008 on lessons from East Asia and Southeast Asia and Vietnam’s future path, David Dapice and economists from Harvard seemed to sense that [...]
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Localities face difficulties in controlling fishing vessel operations
Localities in Vietnam have taken a number of measures to combat illegal, unreported and unregulated (IUU) fishing since the country received a “yellow card” [...]
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Maintaining exports critical to cement industry this year
Maintaining exports would be critical for the cement industry amid rising production output and anticipated sluggish domestic sales this year. According to Nguyen Quang Cung, [...]
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Breakthrough mechanisms needed for private economic development
Breakthrough changes in mechanisms, policies are needed for the private economic sector’s development, experts said. More than 30 years after the launch of Doi Moi, the [...]
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Switzerland supports trade agreement between Vietnam and EFTA
The trade deal would create favourable conditions for greater cooperation in trade and investment between the two countries. Vietnam and Switzerland have agreed to accelerate [...]
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PM Phuc has working session with economic advisory group
Prime minister Nguyen Xuan Phuc on January 20 had a working session with his economic advisory group in Hanoi. Head of the group Nguyen Duc Kien said last year, the group [...]
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Debt maturity in 2020 2021 to put pressure on Vietnam’s state budget
Vietnam is capable of repaying debts, as the annual debt repayment accounts for 15 16 percent of total state budget, below the ceiling limit and international practice of [...]
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HCM City to carry out e-Tax system from February 10
The HCM City Department of Taxation will carry out the e-Tax system from February 10 to improve tax service quality in the city. The system is to help taxpayers making tax [...]
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Ministries demand more airports open to private investment
Five ministries have universally rejected a proposal by the transport ministry to restrict private investment in the country’s biggest airports and instead hand the job [...]
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Fruit and vegetable sector eyes export target of $5 billion this year
Despite failing to meet the targets for 2019, the fruit and vegetable sector is aiming to achieve an export target of $5 billion during 2020 thanks to several advantages that [...]
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