PM’s trip expected to open up trade cooperation opportunities for Vietnam, RoK

PM’s trip expected to open up trade cooperation opportunities for Vietnam, RoK

The upcoming official visit to the Republic of Korea (RoK) by Prime Minister Pham Minh Chinh and his spouse offers a significant opportunity for bilateral exchanges and cooperation expansion across various fields, especially trade.
Vietnam’s GDP growth reaches 6.42% in first half

Vietnam’s GDP growth reaches 6.42% in first half

Vietnam's economy grew by 6.42% in the first six months of 2024, slightly lower than the figure of 6.58% in the same time of 2022 within the 2020-2024 period, the General Statistics Office (GSO) announced at a press conference in Hanoi on June 29.
PM Chinh’s official visit to RoK to deepen strategic cooperation: RoK PM

PM Chinh’s official visit to RoK to deepen strategic cooperation: RoK PM

Prime Minister Pham Minh Chinh’s official visit to the Republic of Korea (RoK) from June 30 to July 3 is expected to help consolidate political trust and deepen the strategic cooperation between the two nations, RoK Prime Minister Han Duck Soo has said.
IMF projects Vietnam’s growth at nearly 6% this year

IMF projects Vietnam’s growth at nearly 6% this year

The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.
Vietnamese PM receives Chinese Vice Premier in Beijing

Vietnamese PM receives Chinese Vice Premier in Beijing

Vietnamese Prime Minister Pham Minh Chinh received Chinese Vice Premier Zhang Guoqing in Beijing on June 27, pledging close cooperation in strategic transport connectivity projects of the two countries.
Enhance the ability to protect consumer rights

Enhance the ability to protect consumer rights

To protect consumers, the Law on Consumer Rights Protection 2023, effective from July 1, 2024, has expanded the scope to include foreign businesses providing products and services to consumers in Vietnam
Do not "put all your eggs in one basket" as several investment channels appear promising

Do not "put all your eggs in one basket" as several investment channels appear promising

Dr. Can Van Luc, Chief Economist at BIDV, emphasized an unchangeable principle for investors: the necessity to diversify their investment portfolios.
Vietnam – an economic growth model: WEF leader

Vietnam – an economic growth model: WEF leader

Prime Minister Pham Minh Chinh on June 26 met Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), on the sidelines of the 15th WEF’s Annual Meeting of the New Champions 2024 in Dalian city, China’s Liaoning province.
Standard Chartered forecasts Q2 GDP to moderate amid higher inflation

Standard Chartered forecasts Q2 GDP to moderate amid higher inflation

In its most recent macro-economic updates about Vietnam, Standard Chartered Bank forecasts Vietnam’s Q2 GDP growth to moderate to a still-strong 5.3% year-on-year (from 5.7% in Q1).
Multiple tasks directed by the Government to stimulate growth and control inflation

Multiple tasks directed by the Government to stimulate growth and control inflation

VCN - The government recently issued Resolution No. 93/NQ-CP concerning the principal tasks and solutions for fostering growth, controlling inflation, and stabilizing the macroeconomy.
PM orders enhanced price management measures

PM orders enhanced price management measures

Prime Minister Pham Minh Chinh has asked price management to be enhanced in the coming time, under an official dispatch recently sent to ministers, heads of ministerial-level agencies, and the chairpersons of the Peoples’ Committees of the provinces and centrally-run cities.
Friendship, cooperation – mainstream of Vietnam-China relations

Friendship, cooperation – mainstream of Vietnam-China relations

Over the past 74 years, friendship and cooperation have been the mainstream of the relations between Vietnam and China.
Many policies support innovation but it is difficult for businesses to access

Many policies support innovation but it is difficult for businesses to access

VCN - According to Ms. Trinh Thi Huong, Deputy Director of the Department of Enterprise Development, Ministry of Planning and Investment, Vietnam has nearly 900,000 operating businesses and over 90% are small and super small. However, according to the sur
Euro 5 emission standards and clean fuel problems

Euro 5 emission standards and clean fuel problems

Using lower-than-standard fuel will not meet the environmental protection requirements and will be costly, wasteful, and affect vehicle quality.
US a partner of strategic importance of Vietnam: FM

US a partner of strategic importance of Vietnam: FM

Minister of Foreign Affairs Bui Thanh Son has affirmed that Vietnam always considers the US a partner of strategic importance at a reception for visiting US Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink.
Firm policy framework crucial for creative economy: Experts

Firm policy framework crucial for creative economy: Experts

A firm policy framework is crucial to nurture the creative economy, one with “unlimited” development potential, according to Dr. Tran Thi Hong Minh, Director of the Central Institute for Economic Management (CIEM).
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How does the Fed

How does the Fed's interest rate cut affect Vietnam?

VCN - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.
Vietnam’s FDI attraction wins big

Vietnam’s FDI attraction wins big

Foreign investors have been disbursing funds and accelerating investments in factories to establish long-term operations in Vietnam, reflected through the recent inauguration and groundbreaking of several projects across Vietnam.
Irish President

Irish President's speech at state dinner in honour of top Vietnamese leader

Irish President Michael D. Higgins delivered a speech at a state dinner in Dublin on October 2 in honour of General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam on the occasion of the top Vietnamese leader's state visit to Ireland.
Government eyes 7% GDP growth in 2024

Government eyes 7% GDP growth in 2024

The Government is striving to register an economic growth rate of 7% for the whole year, higher than the National Assembly (NA)’s target of 6-6.5%.
IMF forecasts Vietnam's economic growth to reach 6.1 % in 2024

IMF forecasts Vietnam's economic growth to reach 6.1 % in 2024

The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation with Vietnam.
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