foreign trade a highlight on vietnams 2020 economic picture Foreign trade, a highlight on Vietnam’s 2020 economic picture

06:00 | 10/02/2021 Trade

(VEN) - In 2020, Vietnam exported goods worth an estimated US$281.5 billion and imported goods worth US$262.4 billion, up 6.5 and 3.6 percent from 2019, respectively, posting a trade surplus of US$19.1 billion, the highest level in five consecutive years since 2016, according to the Ministry of Industry and Trade (MoIT). 
credit grew 11 percent in 2020 mostly for priority sectors Credit grew 11 percent in 2020, mostly for priority sectors

06:00 | 09/02/2021 Economy

(VEN) - The State Bank of Vietnam’s (SBV) monetary policy was on the right track in 2020 with the goal of supporting businesses to overcome difficulties, contributing to promoting growth and ensuring sustainable economic development.
vietnam leads destinations for shifting japanese investment Vietnam leads destinations for shifting Japanese investment

06:00 | 08/02/2021 Economy

(VEN) - In order to implement the program supporting the diversification of the Japanese government’s supply chain, dozens of Japanese enterprises have chosen Vietnam as an investment destination for 2021.
vietnam mulls solutions to boost added value of industrial production Vietnam mulls solutions to boost added value of industrial production

06:00 | 05/02/2021 Economy

(VEN) - Vietnam’s industrial sector has posted high growth rates in recent years, but the created value of this growth remains low. One solution under consideration is attracting investment shifts in manufacturing industries from China and other countries to Vietnam.
la gan offshore wind farm to create thousands of jobs La Gan Offshore Wind Farm to create thousands of jobs

16:40 | 04/02/2021 Industry

In Vietnam, offshore wind energy offers more than a clean and secure energy source – offshore wind presents an exciting opportunity for local economic growth and skills development. In other countries, offshore wind has proven to be a source of sustainable job creation, due to its long and sophisticated supply chain. If implemented at scale, offshore wind has the potential to bring huge economic benefits to Vietnam.
supporting industries welcome new investment wave Supporting industries welcome new investment wave

06:00 | 04/02/2021 Industry

(VEN) - Vietnam’s supporting industries for machinery manufacturing, electronics and deep processing are forecast to attract growing foreign investment thanks to a strong investment wave.
leather footwear business takes steps to recovery Leather, footwear business takes steps to recovery

06:00 | 02/02/2021 Economy

(VEN) - With the implementation of new-generation free trade agreements, leather and footwear businesses are optimistic about their recovery in 2021.
surge expected in renewable energy as economy recovers Surge expected in renewable energy as economy recovers

06:00 | 31/01/2021 Industry

(VEN) - Electricity consumption is forecast to resume its growth this year as the economy recovers from the Covid-19 pandemic, with solar and wind power setting new capacity records facilitated by attractive investment policies and price incentives. The forecast is in tune with the surge in installed wind and solar capacity over the past five years - from almost zero to 10 percent - driven by the country’s explosive growth.
hanoi steps up industrial restructuring plans for 2021 Hanoi steps up industrial restructuring plans for 2021

06:00 | 30/01/2021 Economy

(VEN) - Hanoi has set a number of targets for its industrial activity in 2021, including added value increase of nine percent (1.8 times higher than in 2020), wastewater treatment systems meeting national standards in 95 percent of industrial clusters; and construction launch of 43 approved industrial clusters with at least 20 completed.
why should vietnam pursue offshore wind Why should Vietnam pursue offshore wind?

10:23 | 29/01/2021 Industry

(VEN) - Vietnam is fortunate to have some of the best natural conditions for wind energy in Asia.  This is particularly the case for offshore wind energy, where Vietnam has some of the best conditions in the world.  According to a recent World Bank sponsored report ‘Offshore Wind Roadmap for Vietnam’, Vietnam has the potential to realize between 11GW and 25GW of offshore wind capacity by 2035, which could create up to 700,000 man year jobs and avoid up to 217 million tonnes of CO2 emissions.  
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