Hà Nội aims to attract US$30-40 billion in registered FDI in 2021-25 period with the disbursed capital of around $20-30 billion. Projects which used advanced technologies to increase operational efficiency and protect the environment are set to make up 50 per cent in 2025 and 100 per cent by 2030. The local procurement rate is expected to increase to more than 30 per cent in 2025 and 40 per cent in 2030. … [Read more...] about Viet Nam News Economy Infrastructure system, administrative reforms important to attract FDI
Economy
Việt Nam needs full market economy: experts
“The local economy is now owned and controlled by the State, so it is not yet a market economy,” said Nguyễn Đình Cung, former director of the Central Institute for Economic Management (CIEM) at the seminar “Dialogue on Việt Nam's market economy institutions” held by the National Economics University and CIEM Wednesday in Hà Nội. … [Read more...] about Việt Nam needs full market economy: experts
Viet Nam News Economy Việt Nam fulfills international commitments as EVFTA takes effect
“Việt Nam, as one of a few countries to maintain positive growth this year, will continue to strengthen the business environment and complete the legal framework for trade and investment, ensuring the legal rights of investors, in order to take full advantage of this historic trade pact.” … [Read more...] about Viet Nam News Economy Việt Nam fulfills international commitments as EVFTA takes effect
Vietnam Airlines, ACV suffer heavy losses due to COVID-19
The second-quarter losses have been offset by VND1.55 trillion in first-quarter post-tax profit before the coronavirus hit the aviation industry. In the first half of 2020, the airport operator posted more than VND1.19 trillion in post-tax profit. … [Read more...] about Vietnam Airlines, ACV suffer heavy losses due to COVID-19
VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3
The year-end and Tet shopping seasons are opportunities for businesses to expand to their potential customers and reach new customers. Brands need an effective Omni-channel marketing strategy and take advantage of the power of social media to increase their customer interests and conversion in the upcoming holiday season. Brands should always be honest with customers, try new interactive formats like shopping via Live, games, and talking to consumers. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3
