Gdp forecast

Air quality monitor equipment at schools seeks to raise students’ awareness of pollution Students of Thanh Đa Secondary School in HCM City’s Bình Thạnh District have greater awareness of air pollution and measures to prevent it after an air quality index monitor was installed in the school a few months ago.   … [Read more...] about Air pollution may lead to 5% GDP decrease for Vietnam: foreign investors

Over the past two years, with the spirit of accompanying enterprises, the entire political system has taken drastic actions to support the development of the private economic sector. Many new mechanisms and policies have been promulgated and solutions undertaken, all towards bettering the business environment and timely tackling difficulties and obstacles for the development of the private economic sector in accordance with the Party’s guideline and policies. … [Read more...] about BUSINESS NEWS HEADLINES JAN. 21

“The market will still see wide divergence among stock groups. Large-cap stocks will alternately advance and influence the indices. Cash inflows are projected to keep running into stocks which have yet to rally significantly or are accumulating to gain profits in the short term.” – VNS … [Read more...] about Vietnam stocks to progress amid profit-earning pressure

Hanoi (VNA) – The European Parliament Committee on International Trade (INTA) on January 21 approved a resolution asking for the European Parliament (EP)’s ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA). Approval votes for the two agreements are the highest compared to the voting of several recent FTAs between EU and partners, proving EU parliamentarians and member states’ appreciation for Vietnam’s role and position in the world, as well as the comprehensive cooperative partnership between Vietnam and the EU. According to several studies, the EVFTA and EVIPA are expected to help Vietnam’s gross domestic product (GDP) grow by 4.6 percent and exports to the EU up 42.7 percent by 2025. The European Commission estimated that the EU’s GDP will increase by 29.5 billion USD and exports to Vietnam pick up 29 percent by 2035. Via the deals, Vietnam … [Read more...] about Resolution seeking EP’s ratification of EVFTA, EVIPA approved

“No other market economy has such a big semi-official and unofficial sector,” Loc said. He said individual business households are essentially a kind of micro enterprises, but they do not have any clear legal status, resulting in limited business rights. The State’s management of those households is not transparent, and they do not receive any support. Vietnam Private Economic Sector Forum 2019, Prime Minister Nguyen Xuan Phuc affirmed that he and the Government always encourage startups, nurture the development of private enterprises. … [Read more...] about Breakthrough mechanisms, policies needed for private economic sector’s development