Out of the World Bank’s 11 indices evaluating Vietnam’s business environment, construction industry licensing procedures were one of only two to show improvement.
(VOV) – Vietnam’s construction industry licencing procedures ranked 28th out of 185 countries examined by the World Bank in 2013, a leap of 39 places above the previous year.
The Ministry of Construction noted the number of unlicensed constructions fell by 9 percent in 2013.
It added localities are pressing officials for approval of new, more effective construction licence granting regulations.
Singapore (VNA) - Singapore has overtaken US’s Silicon Valley to top the talent metric of a global startup ecosystem ranking, which was based on a survey of 10,000 startup founders across more than 100 cities. The Global Startup Ecosystem Report and Ranking 2017 by Startup Genome showed that Singapore obtained the position for its strong performance in access to quality talent and cost. In terms of experience levels, 80 percent of Singaporean talents were experienced software engineers and 74 percent were growth employees having at least two years of prior startup experience, compared to the respective global averages of 72…... [read more]
According to the WB's Doing Business 2009 report published September 10, the country posted the fifth in Southeast Asia, behind Singapore, Thailand, Malaysia and Brunei. The report said Vietnam sees only improvement in getting credit among the ten assessment criteria of the report; meanwhile, ranking of other criteria such as investment protection, starting business, tax payment, business liquidation remains low. The nation is said to start a business, which take abut 50 days to fulfill. The payments of taxes still take businesses over 1,000 hours to complete, the same figure as last year. A total of 32 times payments generally…... [read more]
Customs representatives from the 21 APEC member nations late February 2006 called on Vietnam to ease customs procedures, one of the barriers hindering the country from further integrating into the global economy. The call was made at the first gathering under a meeting of the Sub-Committee on Customs Procedures (SCCP), a part of the first APEC Senior Officials Meeting (SOM 1) in preparation for the 14th APEC summit in Hanoi later this year. Addressing the meeting, Le Manh Hung, head of the Vietnam General Department of Customs, stated that the communist Government and Ministry of Finance have created favorable conditions…... [read more]
(CPV) - Economies of the East Asia and Pacific region are steadily making progress to ease the process of doing business, finds the WB’s annual ease of doing business report. “Doing business 2017: Equal opportunity for all” report, released on October 25th, finds that over two-thirds of the region’s 25 economies implemented 45 reforms in the past year to make it easier to do business, compared to 28 reforms the previous year. Four economies in the East Asia and Pacific region rank among the top 10 economies globally in the rankings. The top-ranked economies are New Zealand (at 1), followed…... [read more]
VGP – Ho Chi Minh City and Ha Noi ranked 152nd and 153rd out of 230 cities around the world in the quality-of-living rankings, released by Mercer. According to the London-based human resources consultancy company, the rankings of the two Vietnamese biggest cities are nearly unchanged from last year’s rankings when they were respectively ranked 153rd and 154th. This year, Singapore is again the most livable city in Asia and 26th globally. Kuala Lumpur, ranked 86th, is the second best performer in Southeast Asia, followed by Bangkok, Manila, and Jakarta in 129th, 136th and 142nd places respectively. The report targets…... [read more]
AT Kearney consulting group and Foreign Policy Magazine have just released the "Globalisation Index 2007". This is the seventh time this annual index has been released and the first time it has the name of Vietnam, at the 48th position among the total 72 countries and territories reviewed. he Globalisation Index is an annual study which assesses the extent to which nations are becoming more or less globally connected, taking into account 12 variables grouped into four categories — economic integration, personal contact, technological connectivity and political engagement. This year's index examines data from 2005, the most recent year from…... [read more]
Real estate services firm Jones Lang LaSalle (JLL) raised Vietnam's real estate transparency ranking from "opaque" to "low" in its index, which was issued Monday. The country ranks 11th in the JLL list of 28 markets that had the largest transparency score change in the past two years since the firm's last index in 2006. Yet Vietnam's overall ranking is still as low as 77 out of the 86 economies surveyed by JLL for the Real Estate Transparency Index. The index ranks economies based on performance measurements, market fundamentals, listed vehicles, legal and regulatory environment, and transaction processes. It categorizes…... [read more]
VietNamNet Bridge - After two humiliating failure games against Uzbekistan and the United Arab Emirates (UAE), Vietnam dropped down on FIFA rankings in November. Specifically, it fell by seven spots to 158th compared to October. Vietnam, after two humiliating defeats in the matches with Uzbekistan and the UAE dropped by seven grades to 158th in the world rankings. In Southeast Asia, Vietnam stood behind the Philippines (133rd), Myanmar (140th), Thailand (142nd) and Singapore (154th). If the Vietnam national squad does not improve its performance, Vietnam may even rank behind Malaysia (158th at present), Indonesia (162nd) and Laos (163rd) next month.…... [read more]
Ha Anh Tuan, Vice Chairman of the Vietnam National Committee for Financial Supervision, made the statement at a thematic debate on “The UN and Global Economic Governance” of the 67th session of the UN General Assembly in New York on April 15. Tuan stressed the need to improve policy coordination among countries and ensure democracy by creating conditions for developing nations to have their say and access more international capital sources to promote growth and reduce poverty. The UN continues to be the agency that coordinates and promotes cooperation among countries, with a focus on building global partnerships in prioritized…... [read more]
Hanoi (VNA) – The World Bank (WB) has approved a 150 million USD credit for the Vietnam Improved Land Governance and Database Project, which aims to enhance the efficiency and transparency of land administration services in the country. The credit will be sourced from the International Development Association (IDA), the WB’s concessional lending source for low-income countries. The project will develop a national Multipurpose Land Information System (MPLS) and build a sustainable, accurate and user-friendly national land database accessible for both the Government and the public. It will also assist the Government in simplifying procedures and business processes in land…... [read more]