Vietnam’s General Secretary and State President Nguyen Phu Trong (R) stands alongside Saud F.M. Alsuwelim, Saudi Arabia’s Ambassador, in Hanoi, August 7, 2019. Photo: Vietnam News Agency He also expressed his hope that the ten ambassadors would try their best to be the ‘bridges’ between Vietnam and their countries and help foster the ties between Vietnam and other nations. … [Read more...] about Vietnam’s Party General Secretary, State President receives credentials from ambassadors of ten countries
State treasury of vietnam
The Deputy PM also asked the German guest to offer all possible support to Vietnamese firms to do effective business in the state, step up education and vocational training cooperation with Vietnam, and provide the best possible conditions for the Vietnamese community in the country. … [Read more...] about Deputy PM hosts Germany’s Hessen state minister
Hanoi (VNA) – The Made in Vietnam Energy Plan 2.0 (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation, was officially launched by the Vietnam Business Forum (VBF) on February 27. At the launching ceremony, VBF Co-Chairwoman Virginia Foote said the plan was rolled out in the context that development of renewable, clean and safe energy is an urgent issue as the country is suffering sheer exhaustion of fossil fuel resources. The MVEP 2.0, based on the groundbreaking 2016 edition – MVEP 1.0, was developed during a time of the fast transition towards renewable energy and increasing use of natural gas in electricity production in Vietnam. The report recommends Vietnam to prioritise renewable energy in national power planning; increase use of natural gas as the current best-fit baseload for renewable energy; construct a regulatory and permitting environment that attracts … [Read more...] about Vietnam Business Forum launches Made in Vietnam Energy Plan 2.0
Household spending is, in nominal terms, forecast to expand by an annual average of 13.6% over the medium term. Outpacing this growth outlook is Fitch’s spending projections over the same period for food (13.7%), health spending (14%), personal care (15.1%), and personal effects (15.3%). … [Read more...] about Consumer spending in Vietnam continues to outpace ASEAN peers
MIC’s view is that Vietnam’s ecosystem must be developed and provided by Vietnam’s firms and operates in accordance with the market rules. The State will set the ‘rule of game’ with reasonable policies to encourage Vietnamese firms to create products for the ecosystem. As for social networks, in the the year 2019 witnessed the birth of two social networks – Lotus (VC Corp) and Gapo (G-Group), which strives to have 50 million users by the end of 2021. In the past, there were only two ‘purely Vietnamese’ networks (Zalo of VNG and Mocha of Viettel Media). … [Read more...] about Where are the opportunities for Vietnam’s digital production ecosystem?