Vietnam two corridors one economic circle

"The government is carrying out a double goal of curbing the spread of the epidemic and ensuring people’s health while fulfilling targets assigned by the National Assembly. With aggressive coordinated measures, Vietnam is confidently moving forward. There is no plan to adjust our growth and macro-economic targets,” he added. … [Read more...] about PM calls for greater efforts to ensure disease control, economic development

New York (VNA) – A 40-strong business delegation from the US will launch an investment promotion programme in Vietnam from March 3-6, aiming to expand trade and investment cooperation in the Southeast Asian country, according to an official from the US-ASEAN Business Council (USABC). In a meeting with Vietnamese Ambassador to the US Ha Kim Ngoc on February 25, USABC Chairman Alex Feldman said the delegation will hold many activities to interact with officials from the Vietnamese Government, ministries and sectors, and work with local businesses and partners. It will also practically contribute to celebrating the 25th anniversary of Vietnam-US diplomatic ties, he added. In recent times, the Vietnamese Embassy in the US has increased economic diplomatic activities to promote investment, trade and tourism cooperation between the two nations. The embassy recently coordinated with a delegation led by Deputy Minister of Agriculture and Rural Development Le Quoc Doanh to work with … [Read more...] about US firms eye stronger investment cooperation in Vietnam

Head of the Party Central Committee’s Economic Commission Nguyen Van Binh made the statement during a reception in Hanoi on February 25 for US Deputy Assistant Secretary of the Treasury for Asia Robert Kaproth. Binh rejoiced over the substantial and effective development of Vietnam – US comprehensive partnership over the past years, especially in the context of the 25th anniversary of the normalized bilateral diplomatic ties this year. … [Read more...] about Vietnam treasures relationship with US

The ADB and others have been trying to cushion this transition by blending grants with its lending to Vietnam to reduce net borrowing costs. Additionally, the ADB approved in 2019 a new pricing policy that provides a temporary benefit to countries, like Vietnam, that are recent graduates from the most concessional assistance. Although helpful, these measures are temporary and inherently limited and will not provide the funding paradigm for Vietnam’s next socio-economic development plan. … [Read more...] about Vietnam building bridges for greater economic growth and development

As Viettel has digitalized its operations and management, it can develop products and services at comparatively low costs, which allows more organizations and enterprises to access its digital products and services. For instance, many people think that the SmartCity project implemented by Viettel in Hue would cost hundreds of billions of Vietnamese dongs, but it, in fact, costs only a few tens of billions of Vietnamese dongs. As the group can realize a SmartCity project at a low cost, a lot of cities and provinces can afford to invest in the model. … [Read more...] about How Viettel backs digital transformation in Vietnam