Socio economic growth

In June 2019, the prime minister enacted Decision No.681/QD-TTg setting a roadmap to achieve the country’s sustainable development goals through 2030. Targeted GDP growth rate will be maintained at 5-6 per cent in the 2020-2030 period. Average GDP per capita will increase 4-4.5 per cent yearly. Labour productivity growth rate will be kept at 5 per cent annually. The digital transformation and Industry 4.0 will accelerate in the coming decades. The increasing global uncertainty emphasises the importance of inclusiveness in the growth agenda. These are vital factors to be incorporated into the development strategy toward 2030. … [Read more...] about New decade of growth built on diligent and smart work

Based on its accurate assessment of ASEAN cooperation and the regional and global developments, Vietnam tabled the ASEAN’s theme of “Towards the ASEAN Community: From Vision to Action” for 2010, which was then agreed by other ASEAN member states. In which, priorities were focused on accelerating the construction of the ASEAN Community, intensifying the bloc’s external relations and ensure its centrality in the region, boosting the region’s relations for ensured regional peace and security, sustainable development, while coping with global challenges. … [Read more...] about Comfortable with leader’s baton

Stephen Wyatt, country head of JLL Vietnam, comments on the achievement: “This has strengthened Vietnam’s leading momentum in South East Asia, with Ho Chi Minh City (3rd) and Hanoi (7th) retaining their status as the top two cities leading the Index and are set to have among the highest economic growth globally over the next several years.” … [Read more...] about HCMC and Hanoi remain most dynamic cities worldwide

According to CEO Pham Viet Anh, 2019 marked a breakthrough in PVTrans’ development, with the company’s diverse production and business targets setting new records. The company posted around VND8.1 trillion ($352 million) in consolidated revenue, a 47 per cent jump over projections, and its pre-tax profits reached VND1.03 trillion ($45 million), more than double the estimated figure. Significantly, PVTrans has managed stable growth averaging 17 per cent a year for the last eight consecutive years. … [Read more...] about PetroVietnam eager to capitalise on 2019