Expansionary fiscal policy prevents recession, boosts aggregate demand

Expansionary fiscal policy prevents recession, boosts aggregate demand

VCN - In recent times, the National Assembly and the Government have had many financial policy solutions to promote aggregate demand such as fiscal policy, monetary policy, etc.
Economic, diplomatic achievements promote Vietnam’s image: Chinese scholar

Economic, diplomatic achievements promote Vietnam’s image: Chinese scholar

Vietnam’s economic accomplishments and diplomatic efforts in 2024 have significantly contributed to building a positive image of the country both regionally and globally, commented Prof. Xu Liping, Director of the Centre for Southeast Asian Studies at the Chinese Academy of Social Science (CASS).
Efforts made to complete EC’s recommendations on IUU combat

Efforts made to complete EC’s recommendations on IUU combat

Authorities in the central province of Quang Ngai has increase inspections and control over the operation of all fishing vessels, ensure that they comply with regulations.
Vietnam-China e-commerce: A perspective from Lang Son border

Vietnam-China e-commerce: A perspective from Lang Son border

VCN - According to the Lang Son Provincial People's Committee report, the province has achieved notable milestones, including 20,984 products listed on e-commerce platforms, ranking second nationwide; 48,920 successful transactions, ranking fourth nationw
Localities report progresses in IUU fishing combat

Localities report progresses in IUU fishing combat

Coastal localities nationwide have implemented practical and effective activities and specific measures, demonstrating their determination to join the nation’s efforts to have the “yellow card” that the European Commission (EC) has imposed on Vietnamese seafood regarding illegal, unreported, and unregulated (IUU) fishing lifted in 2024.
Apparatus restructuring difficult but indispensable: PM

Apparatus restructuring difficult but indispensable: PM

Rearranging the organisational apparatus is a difficult task but it is essential, Prime Minister Pham Minh Chinh affirmed on December 4 at a Government conference to carry out the review of the implementation of Resolution No. 18-NQ/TW, issued by the Party Central Committee in 2017, which seeks to streamline the political system for greater efficiency.
Raising the position if Vietnam does not want to become a new "assembly factory"

Raising the position if Vietnam does not want to become a new "assembly factory"

VCN - A more aggressive version of “America First” is predicted when Donald Trump takes office as the 47th President of the United States. According to Associate Professor Dr. Pham Thi Thu Tra, Head of the Economics and Finance Department, RMIT University
Vietnam to lead Southeast Asia’s e-commerce revolution: IMARC report

Vietnam to lead Southeast Asia’s e-commerce revolution: IMARC report

Vietnam is set to lead Southeast Asia’s e-commerce revolution, given that this industry potentially drives national economic transformation, according to the latest report published by IMARC Group, a market research provider, on December 1.
Vietnamese NA Chairman concludes official visit to Singapore

Vietnamese NA Chairman concludes official visit to Singapore

National Assembly (NA) Chairman Tran Thanh Man and his spouse Nguyen Thi Thanh Nga, along with a high-ranking delegation of the Vietnamese legislature, on December 3 afternoon (local time) concluded their official visit to Singapore, and left the Southeast Asian nation for an official visit to Japan.
Top legislator’s Singapore trip comes at the right time: expert

Top legislator’s Singapore trip comes at the right time: expert

The official visit to Singapore from December 1-3 by Vietnamese National Assembly (NA) Chairman Tran Thanh Man takes place at the right time and holds great significance, according to Assoc. Prof. Vu Minh Khuong at the Lee Kuan Yew School of Public Policy under the National University of Singapore.
State President calls for leaner, more efficient apparatus of court sector

State President calls for leaner, more efficient apparatus of court sector

State President Luong Cuong requested the court sector to strictly carry out the Party’s policy on building an elite, streamlined, strong, efficient, and effective apparatus at a working session with the Supreme People’s Court on December 2.
Vietnam

Vietnam's GDP growth forecast raised due to strong recovery trend

VCN - According to experts, after a "difficult" year of 2023 and the first quarter of 2024, and having to suffer damage from super typhoon Yagi, Vietnam's GDP in the third quarter of 2024 increased by 7.4% compared to the same period last year, exceeding
Prioritising growth to create stepping stone for Vietnam to enter new era: PM

Prioritising growth to create stepping stone for Vietnam to enter new era: PM

Politburo member and Prime Minister Pham Minh Chinh reported on national socio-economic development this year and solutions to accelerate the development in 2025 at a national conference held on December 1.
Party chief demands more institutional breakthroughs for development

Party chief demands more institutional breakthroughs for development

Party General Secretary To Lam, while addressing a national conference in Hanoi on December 1, emphasised the need to further create institutional breakthroughs, resolve all difficulties, obstacles, and bottlenecks to unlock resources and strongly accelerate administrative reforms thus fostering a favourable environment for development.
Driving economic growth through port development

Driving economic growth through port development

Quang Tri province has been focusing on attracting investments in its port infrastructure, aiming to establish itself as a significant logistics and trade hub in the central region and countries along the East-West Economic Corridor (EWEC) by 2030.
New Director of Lang Son Customs Department appointed

New Director of Lang Son Customs Department appointed

VCN - On November 21, GDVC’s Director General Nguyen Van Tho signed Decision 2718/QD-TCHQ to temporarily transfer and appoint Nguyen Van Hoan, Deputy Director of the Anti-smuggling and Investigation Department to hold the position of Director of Lang Son
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Vietnam pledges more contributions to UN humanitarian relief efforts

Vietnam pledges more contributions to UN humanitarian relief efforts

Deputy Minister of Foreign Affairs Do Hung Viet affirmed Vietnam's strong commitment to humanitarian relief efforts, helping people recover their lives after natural disasters and catastrophes, while addressing the 2025 Central Emergency Response Fund (CERF) High-Level Pledging Event in New York on December 10.
ADB raises growth forecasts for Vietnam

ADB raises growth forecasts for Vietnam

The Asian Development Bank (ADB) raised its 2024 and 2025 growth forecasts for Vietnam to 6.4% and 6.6% from previous predictions of 6.0% and 6.2%, driven by stronger trade activities and ongoing fiscal stimulus measures.
UNDP to support Vietnam on path toward circular economy

UNDP to support Vietnam on path toward circular economy

The UN Development Programme (UNDP) is willing to support Vietnam in conducting reforms to create an ecosystem to facilitate the transition to a greener circular and low-carbon economy, towards sustainable development, Resident Representative of UNDP in Vietnam Ramla Khalidi stated at the Vietnam Circular Economy Forum 2024 in Hanoi on December 10.
Vietnam’s industrial production rises by 8.4% in 11 months

Vietnam’s industrial production rises by 8.4% in 11 months

Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).
Vietnam maintains political stability, economic success in 2024: scholar

Vietnam maintains political stability, economic success in 2024: scholar

Professor Carl Thayer at the University of New South Wales at the Australian Defence Force Academy has described Vietnam’s maintenance of political stability and economic success as its outstanding achievements in 2024.
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