The US-China trade war and fluctuation in material prices have set a burden on Vietnamese steel companies, reducing profits and even causing losses in 2019's first quarter.
Once upon a time, there lived a King. He was very rich and one night, three clever thieves broke into the King's palace. They stole many precious goods. But the King's guards were also clever. The caught the thieves red-handed as they tried to run away. They brought them before the King. "Did you commit... View Article
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VNA/VOV Prime Minister Nguyen Xuan Phuc attended a meeting themed "Science, technology and innovation as a pillar for socio-economic development in Vietnam" in Hanoi on 15 May. The event is jointly organised by the Ministry of Science and Technology, the Australian Embassy in Vietnam and the International Development Innovation Alliance (IDIA). The meeting saw the... View Article
VNS/VOV US businesses expected progressive changes and clear improvements in both hard and soft infrastructure as well as policies for investment and business co-operation in Vietnam, said Vice Chairwoman of the Vietnam Chamber of Commerce and Industry (VCCI) Virginia Foote. Speaking at a conference to promote trade and investment co-operation between Vietnam and its strategic and important... View Article
Hanoitimes/VOV Nobufumi Miura, chairman of the Japan Business Association in Vietnam, claimed that cumbersome administrative procedures have hindered enterprises from increasing their investment. Though Vietnam has made significant progress in creating a more business-friendly environment, experts have urged the government to further strive for removing impediments in legal regulations and administrative procedures that are inhibiting... View Article
VNA/VOV A seminar was held in Ho Chi Minh City on 14 May to discuss measures to develop its key industrial products for the 2018-2020 period. Experts mulled over the possibility of cooperation among managers, scientists, and businesses in developing the city's key industrial products. Deputy Director of the municipal Department of Science and Technology... View Article
VGP The Government has issued Decree No. 39/2019/NĐ-CP on the organization and operation of the Small and Medium Enterprise Development Fund (SMEDF). This is an off-budget and non-profit governmental fund, which is set up by the PM. Accordingly, the SMEDF operates in form of one member limited liability company of which the State holds 100% of charter capital. The Ministry of Planning... View Article
VGP The State and private sectors must comprehend the importance of the investment in science and technology and should prioritize investing in science and technology more effectively. PM Nguyen Xuan Phuc made that statement on 15 May at a meeting themed "Science, technology and innovation as a pillar for socio-economic development in Viet Nam" in... View Article
Vietnam is the biggest beneficiary in the shift of the investment flow from China amidst the Sino-American trade war, according to Maybank Kim Eng senior economist Chua Hak Bin.
Minister of Agriculture and Rural Development Nguyen Xuan Cuong on May 15 stressed the need for Vietnam's livestock industry to focus on devising policies and production organization methods to meet market demand for food.
The Fourth Industrial Revolution could increase Vietnam's GDP by between USD 28.5 billion and USD 62 billion by 2030, equivalent to a rise of 7-16%, according to the Central Institute for Economic Management (CIEM).
Exports of aquatic products in the second quarter could increase by 8% at the highest, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
