Vietnam making progress in improving competitiveness

Every section of the 20-ha facillity in Cu Chi district tells its own story, said Director Tran Thi Tuyet Nga, citing the Hill of Eggs as an example, saying it tells a folk legend of Lac Long Quan and his wife Au Co who gave birth to a brood of a hundred eggs from which a hundred of children hatched and became the ancestors of all Vietnamese people. … [Read more...] about VIETNAM NEWS JANUARY 19

It is predicted Việt Nam will need some 400,000 people in the ICT sector by 2020. The Government has focused on increasing the number of highly skilled engineers, organising studies and supporting hi-tech start-ups as part of the science and technology development strategy in the 2011-20 period. … [Read more...] about ICT improvements needed

With strong purchasing power, young population structure, strong Internet platform, preferential corporate tax policies of 15 per cent and a surge in FDI inflows with a total registered capital of $36 billion last year, Việt Nam is heading towards high-tech industrial agriculture and other supporting industries. … [Read more...] about PM welcomes Australian firms to Vietnam

This call was made before the first ASEAN Digital Ministers Meeting (ADGMIN 1), scheduled to be held via teleconference on January 21 and 22, under the chair of Malaysian Minister of Communications and Multimedia Datuk Saifuddin Abdullah, and attended by representatives from ASEAN’s dialogue partners including Japan, China, the European Union, the Republic of Korea, and the International Telecommunication Union. … [Read more...] about VIETNAM NEWS JANUARY 18

Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media