Economy

Regarding priority goals and measures, PM Phúc asked that the sub-committee to discuss measures to realise the country's potential and expedite efficient use of resources to develop all areas, from the economy and social and cultural progress, to defence and external affairs. — VNS … [Read more...] about Technology and innovation identified as strategic direction for VN’s economy

Yiwen Chan, co-founder of Content.co – an online employment platform which connects businesses to a selection of skilled freelancers in marketing, editorial and specialist fields- says the new features of online services have helped freelancers to build trust with leading businesses and find work to suit their preferences and abilities. In addition, the services can eliminate issues of traditional online job boards and create provide favourable conditions for freelancers to focus on getting to work.  … [Read more...] about Freelancing – A future career trend for the global economy

“With 90 million residents, over 60% of which have a high purchasing power, Vietnam is an exciting market with  high potential for growth and is an excellent destination for investors in the retail sector”, said Tos Chirativat, Chairman of the Executive Committee and CEO of Central Group. … [Read more...] about Marks & Spencer to open HCMC outlet this summer

According to Chairman of the Hanoi Supermarket Association Vu Vinh Phu, M&As aim to enlarge and diversify business portfolios of the purchasers while allowing sellers to recover capital. There had been changes in the ownership of large supermarkets, such as Thai Central Group buying the Big C supermarket chain, Phu said, adding that this is a positive deal which will drive market development. The Ministry of Planning and Investment said that there is reason for optimisim for M&A activities in the energy, banking, infrastructure, hotels and office sectors. The ministry noted that the 8th Vietnam M&A Forum 2016, set for Ho Chi Minh in August, will feature large enterprises, securities companies and development capital funds. Their attendance shows that M&As are an efficient capital mobilising channel, contributing to adding more capital to the economy while enhancing business efficiency, said Deputy Minister Pham Huy Dong.  M&As are also a way for foreign … [Read more...] about Vietnamese M&A activities heating up

A panel of economists at a workshop, held in Hanoi on January 16 – PHOTO: VEPR HCMC – Building a transparent legal framework; improving the business climate; adopting flexible policies on imports, exports and foreign exchange rates; and protecting the environment will be needed to achieve Vietnam’s 2020 economic growth target of 6.8%, according to the Vietnam Institute for Economic and Policy Research (VEPR). … [Read more...] about Better legal framework needed to fuel economic growth: VEPR