2008 economic crisis

In four consecutive years from 2016 to 2019, Viet Nam completed and exceeded the set plans, which created momentum for the country to stand firm in hard times. The country is ranked in the group of countries with the highest economic growth in the world. Its macro economy has remained stable while institutional reforms have been accelerated. These achievements are thanks to the participation and actions of the business community and people, under the comprehensive leadership of the Party. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period

The fifth-largest province nationwide geographically, Thanh Hoa has a coastline of 102km, which is favourable for tourism and the development of seaports, along with National Highway 1A, the Ho Chi Minh Highway, the North-South railway and Tho Xuan Airport. It also has favourable conditions for aquaculture, especially shrimp, crab and seaweed.  … [Read more...] about Thanh Hoa: a promising investment destination

Hanoi (VNA) – The US’s experience in environmental management and air quality control in Vietnam were touched upon at a seminar in Hanoi on January 25. The event, themed “Solving the air quality crisis: from the US to Vietnam,” was jointly held by the US Agency for International Development (USAID), the environmental protection agency under the Hanoi Department of Natural Resources and Environment, and Live & Learn Centre. Dr. Le Bich Thuy from the Hanoi University of Science and Technology pointed out the harmful impact of air pollution on human health and life, and called for joint efforts to find suitable measures to tackle the problem. Le Thanh Thuy, from the environmental protection agency, said given environmental challenges, Hanoi has increased investments in waste control and treatment. Eric Wolvovsky, an expert from the US Bureau of Ocean Energy Management, introduced the US’s adequate and strict policies and laws on environmental … [Read more...] about US shares experience in environmental management

The country stands to benefit from the trade and technology tensions between the United States and China, which are expected to continue under the new U.S. administration. Significant supply-chain relocation is already underway as a result of the U.S.-China trade war. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

Hanoi (VNS/VNA) - The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems.  Foreign shareholders play important roles in supporting business activities and creating a good image for public listed companies. After achieving initial cooperative targets, some organisations plan to disinvest.  Vietnamese companies witnessed the withdrawal of many foreign investors, but their businesses are still growing due to accumulative management skills during the cooperation period. Lucerne Enterprise Ltd and NS Advisory Inc Pte.Ltd of Nikko Indonesia sold millions of Licogi 16 (LCG) shares at the end of 2020. The Indonesian shareholders started to invest in LCG in 2014.  The LCG shares price ended last Friday at 14,750 VND, up 96.4 percent year-on-year. The share price almost hit a … [Read more...] about Vietnamese firms thrive despite divestment of foreign shareholders