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According to Tran Duy Dong, Deputy Minister of Planning and Investment, the development of industrial zones (IZs) and economic zones (EZs) has positively contributed to improving the institution and the business investment environment, as well as encouraging the renewal of administrative procedures. … [Read more...] about A separate law needed for industrial zone and economic zone development

Vietnam’s socialist-oriented market economy is one of the fastest growing economies in the world, said Anjaiah, who is also a senior journalist at the Jakarta Post, adding that last year, it grew 2.91 percent, one of the highest in the world, despite the COVID-19 pandemic. … [Read more...] about Indonesian researcher hails Vietnam’s economic development

Biti's is a major shoe brand for every local consumer From a small facility established in 1982, then becoming a co-operative named Binh Tien specialising in producing rubber slippers in District 6, Ho Chi Minh City, with dozens of staff members, Biti’s has successfully overcome the difficulties during the subsidy period (in the 1980s-1990s when private business was restricted) to become a shoe behemoth now. With a solid base formed over the years, Biti's is expected to keep reaching further. … [Read more...] about Biti’s – a Vietnam Value Programme honoured “Journeys will lead you home” messages

The biggest problem was steering through constant changes, demanding constant steering. Travellers returned in the last weeks of September, but there is a long road to full recovery for the industry and Saigontourist. November and December have been harder because these months are part of the low season for tourism. Foreign tourism has remained steeped in difficulties as the government has yet to reopen the borders as the pandemic is still raging globally. Consequently, the company has drawn up strategies for the next 1-2 years. … [Read more...] about Saigontourist successfully navigates bumpy road to take award at Vietnam Value Programme

Hanoi (VNA) - Vietnam’s economic growth is projected at 6.17 percent in 2021 in a base-line scenario and may even reach 6.72 percent in the best-case scenario, heard a conference held in Hanoi on January 20.UN Development Programme and the Ministry of Planning and Investment’s National Centre for Socio-economic Information and Forecasting (NCIF),  the “Vietnam’s Economy in the Medium Term 2021 - 2025: Recovery and Growth Accelerates” conference brought together a large number of economists, business leaders, and representatives of international organisations and business associations to discuss the outlook for Vietnam’s economy over the next five years and the actions needed to turn the expected rebound from COVID-19 into a sustainable economic recovery.COVID-19 rebound into a bold recovery in 2021 and beyond. Equally, it will determine the ability of the country to accelerate policies to achieve the medium-term aspirations of realizing the … [Read more...] about 2021 GDP growth may reach 6.72 percent in best-case scenario: Conference