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Don Lam, deputy head of Vietnam’s Private Economic Development Research Board, said that the two countries are seeing positive figures in trade relations with Vietnam’s imports from India rising 65 percent between 2017 and 2020 to reach $4.5 billion. … [Read more...] about Indian investment in Vietnam yet to match potential: official

The CAS 2021, hosted online by the Netherlands on Jan. 25-26, would see the launch of a comprehensive Adaptation Action Agenda that sets out clear commitments to deliver new concrete endeavors and partnerships to make the world more resilient to the effects of climate change. … [Read more...] about Vietnam needs $35 bln for climate change adaptation: PM

Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop

The Lao diplomat expressed his strong belief the 13th National Party Congress will have rosy impacts on the country’s socio-economy in the coming time. He said Vietnam will realise its development goals of becoming an upper middle-income nation by 2030, and a high-income nation by 2045./。 … [Read more...] about Lao ambassador hails leadership of Communist Party of Vietnam

Research by Temasek, Bain & Company shows that Vietnam's digital economy is expected to exceed US$43 billion by 2025. According to Truong Gia Binh, Chair of Vietnam Software and Information Technology Services Association (VINASA), new business models and services are increasingly being produced on technology platforms, with their clear advantages drawing more and more businesses to the digital technology race. … [Read more...] about “Make in Vietnam” digital platforms unleash local creativity