As economic growth ebbs, Vietnam needs boost in productivity

As economic growth ebbs, Vietnam needs boost in productivity

NDO - Although Vietnam’s economy has enjoyed relatively robust growth in the past ten years, the pace is slowing down as a result of modest rises in labour productivity, which requires greater improvement if the country is to sustain its rapid growth in the future. (Jan 11, 2018)

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Vietnam's central bank urged to strengthen regulatory efficiency

  Jan 10, 2018
NDO – Prime Minister Nguyen Xuan Phuc has requested the State Bank of Vietnam (SBV) to further improve its management, inspection and supervision efficiency to detect and minimise violations in a timely fashion. 

Dak Lak businesses invest in CLV development triangle area

  Jan 09, 2018
NDO/ VNA – Many businesses from the Central Highlands province of Dak Lak have received permission from the Governments of Cambodia, Laos and Vietnam (CLV) to invest in production and infrastructure in localities within the CLV development triangle area. 

Vietnam faces challenges in curbing inflation at 4% in 2018

  Jan 09, 2018
NDO – Inflation control is an important factor which contributes to macroeconomic stability. Maintaining the inflation rate in 2018 at less than 4% has also been approved, which will create challenges for the country in the context of fluctuations in both the domestic and global economic situation. 

Ho Chi Minh City leader applauds Hilton Group’s investment

  Jan 09, 2018
NDO/VNA – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has hailed the investment of Hilton Group in Vietnam, particularly its cooperation with BRG Group. 

Vietnam’s FDI policy needs revision to maximise benefits

  Jan 09, 2018
NDO - Vietnam's foreign direct investment (FDI) pledges and disbursement hit a 10-year record high in 2017, which has gradually created a pervasive influence on the domestic sector. However, it is time to adopt a completely new FDI attraction strategy in accordance with the new situation in order to boost the effectiveness and spillover effect of FDI in the future. 

Instagram photo contest on GMS's development progress launched

  Jan 09, 2018
NDO – The Asian Development Bank (ADB) has launched a photo contest on Instagram to showcase the development progress in the Greater Mekong Subregion (GMS) and demonstrate how a focus on increasing regional cooperation and integration can improve people’s lives. 

Vietnam real estate marks successful 2017

  Jan 09, 2018
NDO/VNS - Vietnam witnessed positive development in the real estate market in 2017 with increased transactions of apartments and reduction in real estate inventory.  

Vietnam sets credit growth target at 17% for 2018

  Jan 09, 2018
NDO - The State Bank of Vietnam (SBV) has targeted credit growth of about17% for 2018, said deputy governor Nguyen Thi Hong at a press conference on January 7. 

Middle East emerges as new destination for Vietnam’s exports

  Jan 08, 2018
NDO – Vietnamese businesses’ expansion to the Middle East market is considered an important and long-term strategic direction amidst saturated traditional markets and decreased consumption. 

Vietnam’s public debt stands at 61.3% in 2017: Finance Ministry

  Jan 08, 2018
NDO - Vietnam’s ratio of public debt to GDP stood at 61.3% at the end of 2017, lower than an earlier estimate of 62.6%, according to the Ministry of Finance. 

Vietnamese rice earns high export in 2017

  Jan 08, 2018
NDO – Vietnam's rice export recorded a good year in 2017 as export volume reached 6 million tonnes, thanks to an increased demand on the world market. 

Vietnam approves 2025 maritime industry and trade development plan

  Jan 08, 2018
NDO/VNA – Minister of Industry and Trade Tran Tuan Anh has approved a plan to develop Vietnam’s maritime industry and trade to 2025, with a vision to 2035. 

Vietnam's commercial banks report high profits in 2017

  Jan 08, 2018
NDO/VNA – Vietnam’s commercial banks reported solid results for 2017 with the total after-tax profit estimated to grow 44.5% from the previous year, according to an independent report of the National Financial Supervisory Commission. 

Vietnam accelerates divestment from State-owned enterprises

  Jan 08, 2018
NDO – The Ministry of Industry and Trade (MOIT) has successfully sold out 343.66 million shares of the Saigon Beer - Alcohol - Beverage Corporation (Sabeco), Vietnam’s largest brewer, at a price of VND320,000 (US$14.08) per share, helping the State to rake in a massive nearly US$5 billion with much fanfare from both the domestic and foreign financial markets.