Ministry announces Vietnam"s digital infrastructure plan for 2021-2030

Ministry announces Vietnam"s digital infrastructure plan for 2021-2030

Comprehensive plans are in place to rejuvenate and advance Vietnam's information and communications infrastructure.
Satellite cities a focal point for new development in metropolises

Satellite cities a focal point for new development in metropolises

Strongly developing satellite cities for some metropolises is among the targets specified in the Prime Minister’s recent decision on the strategy to develop the construction sector by 2030, with orientation towards 2045.
Labour market set for recovery in 2024

Labour market set for recovery in 2024

Vietnam’s job market is poised to bounce back in 2024, driven by better purchasing power that is sparked by a recovery in private investment and wage reform, according to the Ministry of Labour, Invalids and Social Affairs.
EV market forecast to boom this year

EV market forecast to boom this year

Vietnam is experiencing a strong shift towards electric vehicles (EVs). The supportive and preferential policies implemented by the Government, such as the exemption of registration fees and reduction in special consumption tax for EVs, have played a significant role in promoting the adoption of this type of vehicle in the country.
Gold market management needs to be changed to resolve the paradox

Gold market management needs to be changed to resolve the paradox

Recently, the Prime Minister requested the State Bank (SBV) to urgently propose solutions to effectively manage the gold market in the new situation.
Việt Nam is among the world’s top wealth growth in the next decade

Việt Nam is among the world’s top wealth growth in the next decade

International experts predict that Việt Nam will see tremendous asset growth over the next decade as the country consolidates its position as a global manufacturing hub.
PM orders SOEs to improve production, business efficiency

PM orders SOEs to improve production, business efficiency

Prime Minister Pham Minh Chinh has requested State-owned enterprises (SOEs) to reform governance, improve production and business efficiency, and strongly promote development investment.
Further efforts needed to solve human resources shortage for semiconductor industry: Experts

Further efforts needed to solve human resources shortage for semiconductor industry: Experts

As Vietnam is calling for investment in the semiconductor industry, experts held that the country should work harder to make a breakthrough in human resources development serving the growth of the industry.
NA Standing Committee convenes 30th meeting

NA Standing Committee convenes 30th meeting

The National Assembly (NA) Standing Committee convened its 30th meeting in Hanoi on February 22, with its agenda focusing on five major contents.
Experts optimistic about Vietnam’s economic outlook in 2024: British journal

Experts optimistic about Vietnam’s economic outlook in 2024: British journal

The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024.
Vietnam to send 125,000 labourers abroad in 2024

Vietnam to send 125,000 labourers abroad in 2024

Vietnam aims to send 125,000 labourers abroad to work under contracts in 2024, focusing on key traditional markets such as Japan, Taiwan (China) and the Republic of Korea (RoK), according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).
National programme on protection and development of aquatic resources approved

National programme on protection and development of aquatic resources approved

Vietnam will investigate and evaluate biodiversity, aquatic resources, and the habitat of aquatic species in Vietnam's waters, including deep sea areas, shallow waters, and underground water areas, under the national programme on protecting and developing aquatic resources until 2030 approved recently by the Prime Minister.
Ho Chi Minh City affirms role as pillar of Vietnam’s tourism industry

Ho Chi Minh City affirms role as pillar of Vietnam’s tourism industry

Ho Chi Minh City contributed significantly to the more-fruitful-than-expected results of Vietnam’s tourism industry last year, solidifying its pivotal role in the recovery and growth of the sector.
Vietnam industry & trade sector looks good in early 2024

Vietnam industry & trade sector looks good in early 2024

The strong recovery of industrial production, the exponential rise in exports, abundant goods supply, and good revenue from services in January paint a rosy picture for the domestic industry and trade sector this year, heard an online conference held by the Ministry of Industry and Trade (MoIT) on February 16.
Vietnam now has five billionaires on Forbes list

Vietnam now has five billionaires on Forbes list

The number of Vietnamese billionaires in US dollar has dropped to five in the early months of 2024 from the previous six, reported in April 2023.
Asia - biggest source of overseas remittances to HCM City in 2023

Asia - biggest source of overseas remittances to HCM City in 2023

Money sent from Asian countries made up 50.5% of the total overseas remittances to Ho Chi Minh City last year, Vietnam’s largest economic hub, a massive 143.8% spike year-on-year, according to the State Bank of Vietnam (SBV)’s branch in the city.
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Measures sought to boost Vietnam - Russia digital economic cooperation

Measures sought to boost Vietnam - Russia digital economic cooperation

The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.
Vietnam becomes biggest rice supplier for Singapore

Vietnam becomes biggest rice supplier for Singapore

Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore by shipping 36.15 million SGD (26.55 million USD) worth of rice in the first three months of this year, an increase of 80.46% over the same period in 2023, winning 32.03% of the market share, according to the Vietnam Trade Office in Singapore.
New fulcrums for economic growth

New fulcrums for economic growth

According to experts, despite the improvement, Vietnam's economy in 2024 still has potential risks, weighing on growth solutions until the end of the year.
Opportunity for a high open economy like Vietnam

Opportunity for a high open economy like Vietnam

According to economic expert Nguyen Bich Lam, in 2024, our country's economy will have bright spots, with opportunities that not every country has to more effectively promote existing dynamics
Cooperation with Vietnam among EU’s priorities in Indo-Pacific: official

Cooperation with Vietnam among EU’s priorities in Indo-Pacific: official

The Vietnamese Embassy in Belgium - the Vietnamese Delegation to the European Union (EU) held a meeting with the Asia-Oceania Working Party (COASI) of the EU Council on April 17 to update the latter on the country’s socio-economic situation and foreign policy and suggest cooperation areas to be promoted.
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