High economic growth forecast for 2019
10:05 | 25/01/2019 Economy- Society
(VEN) - The National Financial Supervisory Commission (NFSC) is forecasting a seven percent growth rate for the Vietnamese economy in 2019 with inflation of 3.6 percent, equivalent to that of 2018 and lower than the four percent target set by the National Assembly.
Old bureaucratic habits die hard
11:05 | 24/01/2019 Economy- Society
(VEN) - Deputy Minister of Industry and Trade Tran Quoc Khanh said recently that administrative reform is progressing slowly because businesses and people still keep submitting paper documents even as many administrative procedures are now available online.
Domestic market plays bigger role in GDP growth
09:04 | 23/01/2019 Economy- Society
(VEN) - In 2018, domestic trade grew 12 percent, two percent higher than the target set by the National Assembly, and the consumer price index (CPI) growth was maintained at a rate below the four percent target. Domestic trade has contributed significantly to Vietnam's economic growth.