vietnam pushes back pandemic plans boost to economic development Vietnam pushes back pandemic, plans boost to economic development

06:00 | 10/11/2021 Economy

(VEN) - Prime Minister Pham Minh Chinh has presented the National Assembly with a report on the implementation of the 2021 socioeconomic development plan and a draft plan for 2022, which calls for gross domestic product (GDP) growth rate of 6-6.5 percent and four-percent limits on inflation and budget overspending.
iz upgrades vital in competition for foreign investment IZ upgrades vital in competition for foreign investment

06:00 | 06/11/2021 Economy

(VEN) - In the context of the post-pandemic shift of global investment flows, growing competition among developing countries for foreign direct investment (FDI) requires Vietnamese industrial zones (IZs) to upgrade their facilities to attract investors.
banks face pressure of long term loans Banks face pressure of long-term loans

06:00 | 05/11/2021 Economy

(VEN) - The ratio of short-term funds used for medium- and long-term loans has officially decreased since October 2021, putting pressure on banks.
vietnam focuses on industrial production recovery Vietnam focuses on industrial production recovery

06:00 | 04/11/2021 Industry

(VEN) - The temporary suspension of production, especially in southern provinces and cities, has lowered Vietnam’s index of industrial production (IIP) in September. Creating favorable conditions for businesses to take advantage of market opportunities and restore production is urgently necessary to help the industrial sector recover.
positive signals for domestic auto assembly production Positive signals for domestic auto assembly, production

06:00 | 03/11/2021 Industry

(VEN) - In a positive signal for its automobile assembly and production, Vietnam’s imports of auto components and spare parts have grown strongly in recent months.
republic of korea increases investment in vietnam Republic of Korea increases investment in Vietnam

06:00 | 02/11/2021 Economy

(VEN) - LG Display Vietnam recently invested an additional US$1.4 billion in its factory in the city of Hai Phong, resulting in a strong increase of foreign direct investment (FDI) by the Republic of Korea (RoK) in Vietnam. The RoK has surpassed Japan to rank second, behind Singapore, among 94 countries and territories investing in Vietnam in the first nine months of 2021.
hai duong province prioritizes supporting industry development Hai Duong Province prioritizes supporting industry development

14:00 | 30/10/2021 Industry

(VEN) - Located in the Northern Key Economic Region, Hai Duong Province which has a dynamic economy has identified industrial development as the main direction for dynamic socio-economic development, especially the development of support industries.
consumer demand for gold shrinks hindering access to jewellers Consumer demand for gold shrinks, hindering access to jewellers

15:29 | 29/10/2021 Economy

Consumer demand for gold in Vietnam was three tonnes in the third quarter of 2021, down 50 percent compared to the same quarter in 2020, according to World Gold Council.  
kon tum exploits potential advantages to develop supporting industry Kon Tum exploits potential, advantages to develop supporting industry

10:00 | 29/10/2021 Industry

(VEN) - The Central Highland province of Kon Tum is determined to  promote the potential and advantages of local supporting industry so that by 2025, it can meet about 10 percent of the province's industrial production needs.
mekong delta restarts production and business activities Mekong Delta restarts production and business activities

06:00 | 29/10/2021 Trade

(VEN) - The fourth wave of Covid-19 pandemic severely affected the economy of Vietnam in general and of the Mekong Delta region in particular in terms of GDP growth, the number of bankrupt enterprises, and unemployment, forcing the region to quickly restart production and business activities to restore the economy.
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