Government, Party forge ahead with business environment reforms
08:39 | 02/12/2019 Economy- Society
(VEN) - With its rapid economic and industrial growth, Vietnam will become an important partner and market in Southeast Asia in the next decade. Apart from infrastructure development in key economic and industrial zones, Vietnam is taking persistent measures to reform its investment environment.
World Bank gives Vietnam good report card
10:48 | 30/11/2019 Economy- Society
(VEN) - In the medium-term, Vietnam’s economic outlook is positive, said Jacques Morisset, World Bank (WB) Lead Economist, at a recent press conference held in Hanoi to announce the WB’s latest East Asia and Pacific Economic Update.
Report shows quantitative and qualitative economic growth
10:21 | 27/11/2019 Economy- Society
(VEN) - The National Assembly Economic Commission has just verified the government’s 2019 socioeconomic report and plans for 2020. According to the report, Vietnam has become a high-achieving country in terms of gross domestic product (GDP) growth, and the country’s economic growth quality continues improving.
No name, no gain: Local specialties struggle for recognition
08:46 | 25/11/2019 Economy- Society
(VEN) - Vietnamese local specialties are the pride of many regions, but weaknesses in marketing, developing and promoting their brand names prevent them from yielding high economic values. Together with marketing solutions, each local specialty needs to identify unique features that make its products special compared with others in order to attract customers.
Vietnam rated highly for stable inflation
09:28 | 21/11/2019 Economy- Society
(VEN) - The latest figures released by the World Economic Forum’s (WEF) Global Competitiveness Report reveal that Vietnam has jumped 10 places to the 67th spot with 61.5 points, 3.5 points more than last year. The 67th place is the highest that the WEF has ranked Vietnam has reached so far. Notably, the WEF said Vietnam has become one of the leading countries in the world in term of inflation stability.
Hanoi promotes provincial products to meet residents’ demand
09:10 | 18/11/2019 Economy- Society
(VEN) - Hanoi has supported many cities and provinces in introducing and promoting their outstanding products in the capital city’s markets and export channels. However, to help local specialties add economic value to their products, more efforts and cooperation are needed among ministries and sectors to resolve shortcomings in marketing, promotion and brand development.