Gdp

In order to meet the target, experts suggest the Government should focus on economic reform, while speeding up public investment disbursement and completing major infrastructure works. Improving the business environment with a focus on the private sector was among their other recommendations. … [Read more...] about Challenges remain for economic development in 2020

In Ho Chi Minh City, the eastern and southern city areas led the market supply, while in Hanoi it was the west and southwest. Phu My Hung is a prime example of a new urban area. Nonetheless, within the next five years, this competition will become more exciting with upcoming urban areas and under-proposed cities, such as Thu Thiem New Urban Area, Saigon Sports City (District 2), Vincity (District 9), and GS Nha Be in Ho Chi Minh City or The Manor Central Park (Hoang Mai District), Vinhomes Smart City (Thanh Xuan District), and Starlake (Tay Ho District) in Hanoi. … [Read more...] about Real estate dynamics in year ahead

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

Regarding weaknesses and shortcomings,  PM Phúc ordered “deeper analysis” in all sectors – especially the collective economy, agriculture restructuring efforts, tourism development, infrastructure, environmental protection, climate change response and other hot-button social and cultural issues that had emerged in recent times. … [Read more...] about Technology and innovation identified as strategic direction for VN’s economy