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

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

The next several years of the decade will play a decisive part in transforming Vietnam into an industrialised nation, achieving its goal of sustainable development and breaking into the world's high-income group.
Government law-building session to discuss 11 contents

Government law-building session to discuss 11 contents

Prime Minister Pham Minh Chinh chaired the Government’s law-building session for February in Hanoi on February 27, during which participants will give ideas on five bills, five law-building proposals and a law, and ordinance building programme.
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.
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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.
Overseas remittances to HCM City record highest increase in three years

Overseas remittances to HCM City record highest increase in three years

Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Vietnam, UK sign new agreement on illegal migration

Vietnam, UK sign new agreement on illegal migration

Vietnam and the UK signed an agreement to increase cooperation on tackling illegal migration in London on April 17.
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