Category: Economy
HCMC to restrict new housing projects in city center
HCMC will limit the construction of new high-rise apartment building projects in districts 1 and 3 in the city centre until 2025 to allow for the city to map out plans for [...] » More
Budget rise to cushion country’s growth hopes
With an expected economic growth rate of 2-3 per cent this year, the National Assembly has decided on a rise in budget deficit in order to ensure state budget spending, amid [...] » More
Tight control of debt safeguarding finances
Vietnam has continued to bring public debt under its control, thus ensuring financial security for the country. The government last week reported to the National Assembly [...] » More
Vietnam’s export products merely account for 2pct of European market share
Vietnamese trade counselors in Europe affirmed that Vietnam’s exports merely accounted for 2 percent of the European import market share at a meeting on trade promotion [...] » More
Positive growth trajectory likely
The expected economic growth rate for next year may not be out of reach if a surge in local production and exports, as well as public investment, materialises. Deputy [...] » More
Local fuel prices rise sharply
Retail fuel prices in the local market soared by VND570-650 per liter or kilogram starting 3 p.m. today, November 26, according to an announcement jointly released by the [...] » More
US initiates antidumping duty investigation on yarn from Vietnam
The US Department of Commerce (DOC) has officially announced the initiation of new antidumping investigations to determine whether polyester textured yarn from Vietnam and [...] » More
Hanoi strengthens law compliance to improve business environment: Mayor
Hanoi will direct and carry out tasks and solutions in terms of law construction, improvement and enforcement. In recent years, Hanoi has focused on legal education to [...] » More
Renewable energy on the rise in Vietnam
Vietnam is increasing its portion of renewable energy while reducing that of fossil energy to promote sustainable development, ensure energy security and reduce carbon [...] » More
Finance ministry wants car registration fee cut suspended
The Ministry of Finance has written to the prime minister proposing a halt to the reduction in the registration fee for locally assembled or manufactured cars, a measure [...] » More
Vietnam needs focus on quality cocoa: experts
Vietnam needs policies encouraging the development of cocoa trees with a focus on productivity and quality instead of output for the sustainable development of the cocoa [...] » More
How Vietnam builds up soft power
Throughout recent decades, Vietnam has been making progress in accumulating soft power. In the past few decades, the government of Vietnam has been taking numerous actions [...] » More
International financing key to develop Vietnam’s power sector
Vietnam needs $150 billion to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for [...] » More
Vietnam needs $150 billion for energy development
Vietnam needs to invest $150 billion, or half of its GDP, to increase power production in the next decade, but mobilising the money would be difficult, analysts said. Dang [...] » More
VCCI names 3 pillars as driving forces for Vietnam economy
It is a miracle that Vietnam still maintains positive GDP growth in the current crisis, showing the country has succeeded in realising the dual target of both containing the [...] » More
