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The scholar highlighted national unity as the root factor for national development, adding that the role of the overseas Vietnamese community in national development had been affirmed very early. In recent years, the younger generations of Vietnamese abroad have gained more influence in the fields of artificial intelligence, big data, digital transformation and automation. With the support of the previous generations, those aged 30-50 are in a good position to foster cooperation between Vietnam and the countries they are living in. … [Read more...] about VIETNAM NEWS JANUARY 26

According to Nikkei Asian Review, the factory for Apple products in the Dong Mai Industrial Zone (IZ) in Quang Ninh province exported the first consignment of LCD screens last week to take full advantage of the RCEP (Regional Comprehensive Economic Partnership), which was signed recently. The company will also increase production capacity in Vietnam. … [Read more...] about American corporations relocate to Vietnam as costs rise in other locations

According to the Ministry of Planning and Investment, since the fund was put into operation more than three years ago, it has helped SMEs enhance their operational effectiveness, increase profits, and create more jobs. Many firms have paid off loans early. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%