Country vietnam

The state economic sector plays a key role, but how is it today? Many state-owned enterprises (SOEs) are sinking in difficulties. There are 12 poor-performing projects that are processed too slowly, making a huge waste. We have not seen any SOEs that have started any major projects in recent years. So how does this business sector play a leading role in the economy? Where does this sector generate development to contribute to growth in the coming years? … [Read more...] about To catch up with other countries, Vietnam must run quickly and steadily

The event, intended to improve the Vietnamese business environment through a structured dialogue between the government, local and foreign firms and the donor community, attracted nearly 500 investors, according to the Vietnam Business Forum Consortium, which co-hosted the event with the Ministry of Planning and Investment and the World Bank Group. … [Read more...] about Foreign investors still hurt by Vietnam’s red tape: forum

Hanoi (VNA) – ASEAN Foreign Ministers have adopted a Joint Communiqué of the 53rd ASEAN Foreign Ministers’ Meeting (AMM 53), Deputy Foreign Minister Nguyen Quoc Dung told the press on the sidelines of the AMM 53 and related meetings on September 10. The AMM 53 and related meetings are taking place in the form of video conferencing from September 9 to 12. The Deputy FM stressed that the issuance of a Joint Communiqué of the AMM 53 reflected the solidarity and high consensus as well as the resolve of ASEAN in announcing its views on internal matters, the building of the ASEAN Community and regional and world issues, adding that it is also a success of the host country – Vietnam. According to Dung, the negotiations to draft the document lasted over more than one week and consensus was reached in the morning of September 10. He said the Joint Communiqué covers many aspects, but the important thing is that it has acknowledged all the work of ASEAN in … [Read more...] about Joint Communiqué of AMM 53 acknowledges Vietnam’s initiatives, proposals in 2020

In the book "My Vision: Challenges in the Race for Excellence", the author (Mohammed bin Rashid Al Maktoum - Vice President and Prime Minister of the United Arab Emirates, and ruler of the Emirate of Dubai) wrote one thing that I have great sympathy for: “With each new day in Africa, a gazelle wakes up knowing he must outrun the fastest lion or perish. At the same time, a lion stirs and stretches, knowing he must outrun the fastest gazelle or starve. It is no different for the human race. Whether you consider yourself a gazelle or a lion, you simply have to run faster than others to survive.” That shows the mindset of being always at the forefront, always the number one. … [Read more...] about There are many talented Vietnamese, but they have not become the country’s resources

The pace of recovery in Indonesia is expected to be slow and household income will be squeezed. GDP is expected to contract 2.7 percent in 2020 before a 6.2 percent expansion in 2021. The Philippines is set to record the largest contraction in Southeast Asia, with its GDP falling 8.2 percent in 2020, because of its dependence on international tourism and a slow exit from lockdown. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 11