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High and quality growth key to breaking out middle-income trap

The current robust development of digital technology, including artificial intelligence, has been providing Vietnam's economy with ample opportunities for growth, improved competitiveness, quality of products and services and production.

Brand development, design key for VN textile and garment industry

Vietnamese textile and garment businesses have been actively promoting brand development, with many of them implementing strategies to introduce their products to the global market, according to industry insiders and experts.

E-commerce vendors likely banned from exiting Vietnam over tax debts

Tax authorities in Vietnam are considering stringent measures against vendors on e-commerce platforms who have not fulfilled their tax obligations, including the possibility of prohibiting them from leaving the country.

Vietnam to see number of wealthy to rise rapidly in next 10 years: reports

International institutions have predicted that Vietnam will see the sharpest increase in the number of wealthy people in the world in the next decade. The high expectations are based on FDI capital flow and the strong rise of well-known businesses.

Laos proposes to sell 4,150 MW of wind power to Vietnam

Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos that want to sell electricity to Vietnam, with a total capacity of nearly 4,150 MW, the Ministry of Industry and Trade (MoIT) has said.

VN invests over $3.7bil. in Development Triangle provinces of Laos, Cambodia

Vietnam has invested over 3.7 billion USD in 110 projects in the Lao and Cambodian provinces located in the three countries’ Development Triangle so far, statistics show.

Vietnamese businesses suggested taking advantage of global supply chain shifts

Domestic enterprises are suggested taking advantage of global supply chain shifts as Việt Nam is emerging as an attractive investment destination for global investors.

Enterprises urged to pay attention to pesticide residues when exporting to RoK

The VN Trade Office in the Republic of Korea has urged enterprises to strictly comply with regulations on pesticide residue levels when exporting farm produce to this market.

Vietnam establishes strategic relations with semiconductor powerhouses

Deputy Minister of Information and Communications Nguyen Huy Dung says that Vietnam has strategic relations with semiconductor powerhouses.

High logistics costs a headache to Vietnam’s agricultural export

Logistics costs have been a headache to the Vietnamese agricultural sector as they account for a lion share in the price of agricultural products.

VN looks to remain a strong competitor for global FDI

Vietnam remained an exception in attracting Foreign Direct Investment (FDI) on the global and regional scale last year. The Southeast Asian economy was also expected to attract a large amount of FDI this year, said economists and analysts.

More policy rate cuts forecast in 2024 to support economic growth

Expansionary fiscal and loose monetary policies could be extended for another year when growth is considered a top priority, analysts noted.

Investors sitting on US$3 billion in their accounts

Tens of billions of VND of capital are in investors’ accounts. Reports show that the total deposit balance at securities companies had reached VND83 trillion as of the end of 2023, or $3.3 billion.

Vietnam’s real estate market better with government’s support

With the Government and relevant ministries’ support, the real estate market has been better, especially in mergers and acquisitions (M&A) activities.

Vietnam's labor market soars with 51.7 million employed in Q1

Vietnam's labor market is anticipated to exhibit positive signs of recovery in 2024, although it may not fully revert to pre-Covid-19 levels.

VN resort real estate market shows positive signs

The resort real estate market is recording positive signs as demand, in both domestic and international tourist markets, is gradually recovering at a stable pace, thereby helping strengthen trust in the industry.

Telecom operators urged to lead semiconductor chip research and development

Prime Minister Pham Minh Chinh has urged four State-owned telecom companies, namely Viettel, VNPT, MobiFone, and Gtel Mobile, to take the lead in semiconductor chip research, development and production.

Vietnam's shrimp exports forecast to rise by 15% in 2024

Vietnam’s shrimp exports are forecast to rebound and rise by 10-15% year-on-year, with revenue reaching US$4 billion, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). T

Vietnam among the most sought-after emerging markets: survey

According to a survey done by CBRE in November and December, Vietnam is just behind India in terms of attractiveness to investors.

Real estate: 2024 is the time to ‘go hunting’

Many realtors are facing difficulties as they are developing too many projects at the same time. It is the right time for wealthy realtors to ‘hunt’ for projects.