A representative of the International Monetary Fund said that Việt Nam's current foreign debt management mechanism has not focused on sources of risk. Short-term loans are less managed than long-term ones; no self-insurance requirement as well as a clear regulatory change strategy in response to vulnerability risks. … [Read more...] about Việt Nam’s foreign debts under control
Unaudited pro forma financial information
Two resolutions for reform
The draft report reviewing the implementation of socio-economic development strategy 2011-2020 and building a socio-economic development strategy for 2021-2030 said: “The economic growth rate did not reach the set target. Average GDP growth was about 5.9% per year in the 2011-2020 period, compared with the strategic target of 7-8% per year and lower than the previous two periods. GDP per capita in 2020 increased about $1,420 compared to 2010, much lower than that of many countries... The scale of the Vietnamese economy ranked 6th, while the population ranked 3rd among ASEAN countries." … [Read more...] about Two resolutions for reform
Việt Nam willing to welcome investment from Japanese IT firms: official
Commenting that Đà Nẵng has many points to attract investors, Onose Takahisa, Chairman of the Japan Business Association in Đà Nẵng, also proposed to promote communication activities about the city both inside and outside the country to attract more investors and resources. … [Read more...] about Việt Nam willing to welcome investment from Japanese IT firms: official
South Korean investors pour big money into Vietnam
As such, Hanwha, the seventh largest economic group in South Korea, has taken steps to scale up its business in Vietnam. After pouring money into insurance and investment, the big player from South Korea has jumped into the field of securities with the stronger presence in Pinetree Securities. … [Read more...] about South Korean investors pour big money into Vietnam
Netherlands and Vietnam promotes sustainable business for Mekong Delta
As a small country with a highly innovative sector and the world’s second-largest exporter of agricultural products, and as Vietnam’s second-largest European trade partner, the Netherlands is with Vietnam in every step towards a sustainable food system for the Mekong Delta and together we will solve the challenges for years to come. … [Read more...] about Netherlands and Vietnam promotes sustainable business for Mekong Delta