Economic growth and economic development

* Vo Tri Thanh is a senior economist at the Central Institute for Economic Management (CIEM) and a member of the National Financial and Monetary Policy Advisory Council. The holder of a doctorate in economics from the Australian National University, Thanh mainly undertakes research and provides consultation on issues related to macroeconomic policies, trade liberalisation and international economic integration. Other areas of interest include institutional reforms and financial systems. VNS … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?

Giorgio Aliberti Ambassador of the European Union Delegation to Vietnam, photo VOV These new foundations provide a good basis for expanded trade and investment opportunities. Vietnam is by far the biggest exporter of goods to the EU in the ASEAN – almost twice as much as the second strongest exporter, Singapore. Unfortunately, the trade is very unbalanced: Vietnam only buys a third of the products from the EU that Singapore buys, leading to big trade deficits. Regarding FDI, the EU is the largest investor in ASEAN countries, ahead of Japan and China. However, the EU is only the fifth-largest FDI partner of Vietnam. Is this an indication that there is room for FDI growth from EU companies to invest in Vietnam and what does this imply for trade? … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment

The net selling value reached a record high in March. Even when the market rebounded strongly in April, foreigners' net selling value was still high. However, VDSC expected this is not likely to repeat this time, due to (1) dollar liquidity is guaranteed by the Federal Reserves (Fed), (2) the Vietnamese dong (VND) has not fluctuated much against USD and the State Bank of Vietnam (SBV), the country’s central bank, is willing to stabilize the foreign exchange market. … [Read more...] about Vietnam stock market predicted to be resilient amid Covid-19 resurgence

Twenty-five years ago, Vietnam joined ASEAN. The image of the red flag with the yellow star in the centre of Vietnam flying alongside with the national flags of other ASEAN member countries in the Brunei sky on July 28, 1995 will be remembered as an important milestone for both Vietnam and ASEAN. A new journey started for Vietnam, bringing the country into a process of intensive and extensive international integration. … [Read more...] about Vietnam aspires to ASEAN unity, effective coordination

In the second quarter, the company launched two new ice cream products, namely Celano black sugar bubble milk and Merio strawberry, which were well received by consumers. The company's goal is not only to provide ice cream products to Vietnamese consumers but also to expand to the international market. … [Read more...] about KDF reaches 94 per cent of annual pre-tax profit target